Interpreting the input sentence as context, specify the entity type for 'Borrower'.
Options: person, location, organization

Create , incur , or allow any Lien on any of its property , or assign or convey any right to receive income , including the sale of any Accounts , or permit any of its Subsidiaries to do so , except for Permitted Liens , or permit any Collateral not to be subject to the first priority security interest granted herein ( except for validly perfected purchase money security interests ), or enter into any agreement , document , instrument or other arrangement ( except with or in favor of Lenders ) with any Person which directly or indirectly prohibits or has the effect of prohibiting Borrower or any Subsidiary from assigning , mortgaging , pledging , granting a security interest in or upon , or encumbering any of Borrower ' s or any Subsidiary ' s intellectual property , except as is otherwise permitted in Section 7 . 1 hereof and the definition of " Permitted Liens " herein .
person