Common use of Absence of Financing Statements Clause in Contracts

Absence of Financing Statements. Except as set forth on Schedule 4.10 hereto, none of the Loan Parties is subject to any Liens other than Permitted Liens and there are no acts, circumstances or conditions known to the Loan Parties that may result in any Liens other than Permitted Liens. The Liens granted to the Purchasers and the Noteholder Representative pursuant to the Loan Documents are fully perfected first priority Liens in and to the collateral described therein, subject only to Permitted Liens.

Appears in 3 contracts

Samples: Senior Secured Note Purchase Agreement (TILT Holdings Inc.), Senior Secured Note Purchase Agreement (TILT Holdings Inc.), Senior Secured Note Purchase Agreement

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Absence of Financing Statements. Except as set forth on Schedule 4.10 4.9 hereto, none of the Loan Parties is subject to any Liens other than Permitted Liens and there are no acts, circumstances or conditions known to the Loan Parties that may result in any Liens other than Permitted Liens. The Liens granted to the Purchasers and the Noteholder Representative pursuant to the Loan Documents are fully perfected first priority Liens in and to the collateral described therein, subject only to Permitted LiensLiens and the Subordination Agreement.

Appears in 3 contracts

Samples: Junior Secured Note Purchase Agreement (TILT Holdings Inc.), Junior Secured Note Purchase Agreement (TILT Holdings Inc.), Secured Note Purchase Agreement

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