Common use of Clear Title To Collateral Clause in Contracts

Clear Title To Collateral. Debtor is the sole owner of the Collateral, having good and marketable title thereto, free and clear of any and all liens, encumbrances, claims, or rights of others created by any acts or omissions of Debtor, except for the security interest granted to Secured Party.

Appears in 2 contracts

Samples: Security Agreement (Securfone America Inc), Security Agreement (Ustel Inc)

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Clear Title To Collateral. Debtor The Borrower is the sole owner of each item of the Collateral, having good and marketable title thereto, free and clear of any and all liens, encumbrancesLiens, claims, or rights of others created by any acts or omissions of Debtorothers, except for the security interest granted herein to Secured Partythe Lender and the other Permitted Encumbrances.

Appears in 2 contracts

Samples: Loan and Security Agreement (Ixc Communications Inc), Equipment Loan and Security Agreement (GST Telecommunications Inc)

Clear Title To Collateral. Debtor Borrower is the sole owner of each item of the Collateral, having good and marketable title thereto, free and clear of any and all liens, encumbrancesLiens, claims, or rights of others created by any acts or omissions of Debtorothers, except for the security interest granted herein to Secured PartyLender and the other Permitted Encumbrances.

Appears in 1 contract

Samples: Loan and Security Agreement (Focal Communications Corp)

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Clear Title To Collateral. Debtor The Borrower is the sole owner of ---------------------------- each item of the Collateral, having good and marketable title thereto, free and clear of any and all liensLiens, encumbrances, claims, claims or rights of others created by any acts or omissions of Debtorothers, except for the security interest granted herein to Secured PartyLender and the other Permitted Encumbrances.

Appears in 1 contract

Samples: Loan and Security Agreement (Telscape International Inc)

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