Clear Title To Collateral. 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, claims, or rights of others, except for the security interest granted herein to the Lender and the other Permitted Encumbrances.
Appears in 2 contracts
Samples: Loan and Security Agreement (Ixc Communications Inc), Loan and Security Agreement (GST Telecommunications Inc)
Clear Title To Collateral. The Borrower Debtor 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, or rights of othersothers created by any acts or omissions of Debtor, except for the security interest granted herein to the Lender and the other Permitted EncumbrancesSecured Party.
Appears in 2 contracts
Samples: Security Agreement (Securfone America Inc), Security Agreement (Ustel Inc)
Clear Title To Collateral. 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, claims, claims or rights of others, except for the security interest granted herein to the Lender and the other Permitted Encumbrances.
Appears in 1 contract
Samples: Loan and Security Agreement (Telscape International Inc)
Clear Title To Collateral. 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, claims, or rights of others, except for the security interest granted herein to the Lender and the other Permitted Encumbrances.
Appears in 1 contract
Samples: Loan and Security Agreement (Focal Communications Corp)
