Common use of Absence of Other Liens Clause in Contracts

Absence of Other Liens. (a) There is no financing statement (or similar statement or instrument of registration under the law of any jurisdiction) covering or purporting to cover any interest of any kind of such Grantor in the Collateral, except for any filings or recordings made in connection with any Permitted Liens. (b) Such Grantor is, and as to any Collateral acquired by it from time to time after the date hereof such Grantor will be, the owner of all of its Collateral free and clear of any Lien except for Permitted Liens, and the security interest of such Grantor in its Collateral is and will be superior and prior to any other security interest or other Lien, except for Permitted Liens.

Appears in 4 contracts

Samples: Pledge and Security Agreement (Preferred Apartment Communities Inc), Pledge and Security Agreement (Preferred Apartment Communities Inc), Pledge and Security Agreement (Preferred Apartment Communities Inc)

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Absence of Other Liens. (a) There is no financing statement (or similar statement or instrument of registration under the law of any jurisdiction) covering or purporting to cover any interest of any kind of such Grantor in the Collateral, except for any filings or recordings made in connection with any Permitted Liens. (b) Such Grantor is, and as to any Collateral acquired by it from time to time after the date hereof such Grantor will be, the owner of all of its Collateral free and clear of any Lien except for Permitted LiensLien, and the security interest of such Grantor in its Collateral is and will be superior and prior to any other security interest or other Lien, except for Permitted Liens.

Appears in 4 contracts

Samples: Pledge and Security Agreement (Eastern Co), Pledge and Security Agreement (Lemaitre Vascular Inc), Pledge and Security Agreement (Eastern Co)

Absence of Other Liens. (a) There is no financing statement (or similar statement or instrument of registration under the law of any jurisdiction) covering or purporting to cover any interest of any kind of such Grantor in the Collateral, except for any filings or recordings made in connection with covering any Permitted Liens. (b) Such Grantor is, and as to any Collateral acquired by it from time to time after the date hereof such Grantor will be, the owner of all of its Collateral free and clear of any Lien except for Permitted LiensLien, and the security interest Security Interest of such Grantor in its Collateral is and will be superior and prior to any other security interest or other Lien, except for Permitted Liens.

Appears in 1 contract

Samples: Pledge and Security Agreement (American Dental Partners Inc)

Absence of Other Liens. (a) There is no financing statement (or similar statement or instrument of registration under the law of any jurisdiction) covering or purporting to cover any interest of any kind of such Grantor in the Collateral, except for any filings or recordings made in connection with any Permitted Liens. (b) Such Grantor is, and as to any Collateral acquired by it from time to time after the date hereof such Grantor will be, the owner of all of its Collateral free and clear of any Lien except for (other than Permitted Liens), and the security interest of such Grantor in its Collateral is and will be superior and prior to any other security interest or other Lien, except for Permitted Liens.

Appears in 1 contract

Samples: Pledge and Security Agreement (Purple Innovation, Inc.)

Absence of Other Liens. (a) There is no financing statement (or similar statement or instrument of registration under the law of any jurisdiction) covering or purporting to cover any interest of any kind of such Grantor in the Collateral, except for any filings or recordings made in connection with covering any Permitted Liens. (b) Such Grantor is, and as to any Collateral acquired by it from time to time after the date hereof such Grantor will be, the owner of all of its Collateral free and clear of any Lien except for Permitted LiensLien, and the security interest Security Interest of such Grantor in its Collateral is and will be superior and prior to any other security interest or other Lien, except except, in each case, for Permitted Liens.

Appears in 1 contract

Samples: Pledge and Security Agreement (American Greetings Corp)

Absence of Other Liens. (a) There is no financing statement (or similar statement or instrument of registration under the law of any jurisdiction) covering or purporting to cover any interest of any kind of such Grantor in the Collateral, except for any filings or recordings made in connection with any Permitted Liens. (b) Such Grantor is, and as to any Collateral acquired by it from time to time after the date hereof such Grantor will be, the owner of all of its Collateral free and clear of any Lien except for Permitted LiensLien, and the security interest Security Interest of such Grantor in its Collateral is and will be superior and prior to any other security interest or other Lien, except for Permitted Liens.

Appears in 1 contract

Samples: Credit Agreement (American Dental Partners Inc)

Absence of Other Liens. (a) There is no financing statement (or similar statement or instrument of registration under the law of any jurisdiction) covering or purporting to cover any interest of any kind of such Grantor in the Collateral, except for any filings or recordings made in connection with any Permitted Liens. (b) Such Grantor is, and as to any Collateral acquired by it from time to time after the date hereof such Grantor will be, the owner of all of its Collateral free and clear of any Lien except for Permitted LiensLien, and the security interest Security Interest of such Grantor in its Collateral is and will be superior and prior to any other security interest or other Lien, except for Permitted LiensLiens permitted by Section 9.3(a) of the Credit Agreement.

Appears in 1 contract

Samples: Credit Agreement (American Dental Partners Inc)

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Absence of Other Liens. (a) There is no financing statement (or similar statement or instrument of registration under the law Law of any jurisdiction) covering or purporting to cover any interest of any kind of such Grantor in the Collateral, except for any filings or recordings made in connection with covering any Permitted Liens. (b) Such Grantor is, and as to any Collateral acquired by it from time to time after the date hereof such Grantor will be, the owner of all of its Collateral free and clear of any Lien except for Permitted LiensLien, and the security interest Security Interest of such Grantor in its Collateral is and will be superior and prior to any other security interest or other Lien, except except, in each case, for Permitted Liens.

Appears in 1 contract

Samples: Pledge and Security Agreement (American Greetings Corp)

Absence of Other Liens. (a) There is no financing statement (or similar statement or instrument of registration under the law of any jurisdiction) covering or purporting to cover any interest of any kind of such the Grantor in the Collateral, except for any filings or recordings made in connection with covering any Permitted Liens. (b) Such The Grantor is, and as to any Collateral acquired by it from time to time after the date hereof such the Grantor will be, the owner of all of its Collateral free and clear of any Lien except for Lien, other than Permitted Liens, and the security interest Security Interest of such the Grantor in its Collateral is and will be superior and prior to any other security interest or other Lien, except except, in the case, for Permitted Liens.

Appears in 1 contract

Samples: Pledge and Security Agreement (Igi Laboratories, Inc)

Absence of Other Liens. (a) There is no financing statement (or similar statement or instrument of registration under the law of any jurisdiction) covering or purporting to cover any interest of any kind of such Grantor in the Collateral, except for any filings or recordings made in connection with any Permitted Liens. (b) Such Grantor is, and as to any Collateral acquired by it from time to time after the date hereof such Grantor will be, the owner of all of its Collateral free and clear of any Lien except for Permitted Liens, and the security interest of such Grantor in its Collateral is and will be superior and prior to any other security interest or other Lien, except for Permitted LiensLiens that are prior by operation of applicable law.

Appears in 1 contract

Samples: Pledge and Security Agreement (Preferred Apartment Communities Inc)

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