Common use of Collateral; Collateral Security Clause in Contracts

Collateral; Collateral Security. (a) Borrower has not assigned, pledged, or otherwise conveyed or encumbered any of the Collateral to any Person other than Lender, and immediately prior to the pledge of such Collateral, Borrower was the sole owner of its Collateral and had good and marketable title thereto, free and clear of all Liens, in each case except for Liens that have been released or are to be released simultaneously with the Liens granted in favor of Lender hereunder and except for Permitted Property Liens.

Collateral; Collateral Security. (a) The Borrower has not assigned, pledged, or otherwise conveyed or encumbered any of the Collateral to any other Person (other than Lenderpursuant to the Existing Purchase Agreements), and immediately prior to the pledge of such Collateral, the Borrower was the sole owner of its the Collateral and had good and marketable title thereto, free and clear of all Liens, in each case except for Liens that have been released or are to be released simultaneously with the Liens granted in favor of Lender hereunder and except for Permitted Property Liens.

Collateral; Collateral Security. (a) No Borrower has not assigned, pledged, or otherwise conveyed or encumbered any of the Mortgage Loan or other Collateral to any Person other than LenderPerson, and immediately prior to the pledge of such Collateraleach Mortgage Loan or any other Collateral to the Agent, a Borrower was the sole owner of its such Mortgage Loan or such other Collateral and had good and marketable title thereto, free and clear of all Liens, in each case except for Liens that have been released or are to be released simultaneously with the Liens granted in favor of Lender hereunder and except the Agent, for Permitted Property Liensthe benefit of the Lenders hereunder.

Collateral; Collateral Security. (a) Borrower has not assigned, pledged, or otherwise conveyed or encumbered any of the Collateral to any Person other than Lender, and immediately Immediately prior to the pledge of such Collateralany Eligible Asset by a Borrower hereunder, the Borrower was the sole owner of its Collateral such Eligible Asset and had good and marketable title thereto, free and clear of all Liens, in each case except for Liens that have been released or are to be released simultaneously with the Liens granted in favor of the Lender hereunder and except for Permitted Property Liensno Person other than the Borrower has any Lien on any Eligible Asset.

Collateral; Collateral Security. (a) No Borrower has not assigned, pledged, or otherwise conveyed or encumbered any of the Mortgage Loan or other Collateral to any Person other than LenderPerson, and immediately prior to the pledge of such Collateraleach Mortgage Loan or any other Collateral to the Agent, a Borrower was the sole owner of its such Mortgage Loan or such other Collateral and had good and marketable title thereto, free and clear of all Liens, in each case except for Liens that have been released or are to be released simultaneously with the Liens granted in favor of the Agent, for the benefit of the Lender hereunder and except for Permitted Property Lienshereunder.

Collateral; Collateral Security. (a) No Borrower has not assigned, pledged, or otherwise conveyed or encumbered any of the Collateral to any Person other than the Lender, and immediately prior to the pledge of such Collateral, the applicable Borrower was the sole owner of its the Collateral and had good and marketable title thereto, free and clear of all Liens, in each case except for Liens that have been released or are to be released simultaneously with the Liens granted in favor of the Lender hereunder and except for Permitted Property Lienshereunder. No Eligible Asset was acquired by the applicable Borrower from an Affiliate of such Borrower.

Collateral; Collateral Security. (a) The Borrower has not assigned, pledged, or otherwise conveyed or encumbered any of the Collateral to any Person other than the Lender, and immediately prior to the pledge of such CollateralContract, the Borrower was the sole owner of its the Collateral and had good and marketable title thereto, free and clear of all Liens, in each case except for Liens that have been released or are to be released simultaneously with the Liens granted in favor of the Lender hereunder and except for Permitted Property Lienshereunder.

Collateral; Collateral Security. (a1) No Borrower has not assigned, pledged, or otherwise conveyed or encumbered any of the Collateral to any Person other than the Lender, and immediately prior to the pledge of such Collateral, the applicable Borrower was the sole owner of its the Collateral and had good and marketable title thereto, free and clear of all Liens, in each case except for Liens that have been released or are to be released simultaneously with the Liens granted in favor of the Lender hereunder and except for Permitted Property Lienshereunder. No Eligible Asset was acquired by the applicable Borrower from an Affiliate of such Borrower.

Collateral; Collateral Security. (a) The Borrower has not assigned, pledged, or otherwise conveyed or encumbered any of the Collateral to any Person other than the Lender, and immediately prior to the pledge of such Collateral, the Borrower was the sole owner of its the Collateral and had good and marketable title thereto, free and clear of all Liens, in each case except for Liens that have been released or are to be released simultaneously with the Liens granted in favor of the Lender hereunder and except for Permitted Property Liens.

Collateral; Collateral Security. (a) Borrower has not assigned, pledged, or otherwise conveyed or encumbered any of the Collateral to any Person other than Lender, and immediately prior to the pledge of such Collateral, Borrower was the sole owner of its Collateral and had good and marketable title thereto, free and clear of all Liens, in each case except for Liens that have been released or are to be released simultaneously with the Liens granted in favor of Lender hereunder and except for Permitted Property Lienshereunder.

Collateral; Collateral Security. (a) The Borrower has not assigned, pledged, or otherwise conveyed or encumbered any of the Collateral to any Person other than the Lender, and immediately prior to the pledge of such Collateral, the Borrower was the sole owner of its the Collateral and had good and marketable title thereto, free and clear of all Liens, in each case except for Liens that have been released or are to be released simultaneously with the Liens granted in favor of the Lender hereunder and except for Permitted Property Lienshereunder.