Common use of Security and Financial Indebtedness Clause in Contracts

Security and Financial Indebtedness. None of the assets or rights of any Obligor is subject to any Security Interest except any Security Interest which (i) qualifies as a Permitted Security Interest with respect to that Obligor or (ii) is permitted by Clause 22.4 (Negative pledge) of this Agreement.

Appears in 6 contracts

Sources: Loan Agreement (Norwegian Cruise Line Holdings Ltd.), Loan Agreement (Norwegian Cruise Line Holdings Ltd.), Loan Agreement (Norwegian Cruise Line Holdings Ltd.)