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 (Gi Joes Inc), Security Agreement (Intuitive Surgical Inc), Security Agreement (Industrial Holdings Inc)

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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: Loan and Security Agreement (Arabian Shield Development Co)

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)

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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)

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