Common use of Collateral Free and Clear Clause in Contracts

Collateral Free and Clear. Except as may be set forth on a Schedule, the Collateral is and shall remain free and clear of all liens, claims, charges, encumbrances and other security interests of any kind (other than the security interest granted hereby). Debtor shall defend the title to the Collateral against all persons and against all claims and demands whatsoever.

Appears in 5 contracts

Samples: Security Agreement (Intuitive Surgical Inc), Security Agreement (Gi Joes Inc), Security Agreement (Evergreen International Aviation Inc)

AutoNDA by SimpleDocs

Collateral Free and Clear. Except as may be set forth on a Schedulethe Schedules, Debtor shall keep the Collateral is and shall remain free and clear of all liens, claims, charges, encumbrances and other security interests of any kind (other than the security interest granted hereby). Debtor shall defend the title to the Collateral against all persons hereby and against all claims and demands whatsoever.any lien securing payment of ad valorem property taxes, fees or assessments that are not

Appears in 1 contract

Samples: Security Agreement (Praegitzer Industries Inc)

Collateral Free and Clear. Except as may be set forth on a Schedule, ------------------------- the Collateral is and shall remain free and clear of all liens, claims, charges, encumbrances and other security interests of any kind (other than the security interest granted hereby). Debtor shall defend the title to the Collateral against all persons and against all claims and demands whatsoever.

Appears in 1 contract

Samples: Security Agreement (Sheffield Steel Corp)

Collateral Free and Clear. Except as may be set forth on a Schedule, the Collateral is and shall remain free and clear of all liens, claims, charges, encumbrances and other security interests of any kind (other than the security interest granted hereby). Debtor shall defend the title to the Collateral against all persons and against all claims and demands whatsoever.. 2

Appears in 1 contract

Samples: Security Agreement (Microcide Pharmaceuticals Inc)

AutoNDA by SimpleDocs

Collateral Free and Clear. Except as may be set forth on a Schedule, the The Collateral is and shall remain free and clear of all liens, claims, charges, encumbrances and other security interests of any kind ("Liens") (other than the security interest granted hereby). Debtor Debtors shall defend the title to the Collateral against all persons and against all claims and demands whatsoever.

Appears in 1 contract

Samples: Pledge Agreement (Arabian Shield Development Co)

Time is Money Join Law Insider Premium to draft better contracts faster.