Collateral Ownership. Subject to the provisions described (including the actions permitted) under Sections 6.04 and 6.10 hereof, each Grantor will continue to maintain its interest in and right to use all property and assets so long as such property and assets constitute Collateral, except as provided in Section 5.09.
Collateral Ownership. Subject to the provisions described (including the actions permitted) under this Article 4, each Grantor shall continue to maintain its interest in and right to use all property and assets so long as such property and assets constitute Collateral, except as would not reasonably be expected to result in a Material Adverse Effect.
Collateral Ownership. Subject to the provisions described under Sections 4.10 and 5.01 hereof and the definition of “Asset Sale,” the Company will continue to maintain its interest in and right to use the Japan Routes, Japan Slots, Japan Gate Leaseholds and all property and assets that constitute Collateral. Notwithstanding anything herein to the contrary, the Company will not sell, lease, convey, transfer or otherwise dispose of the Japan Routes.
Collateral Ownership. 100 Section 5.11 [Reserved]................................................................................................ 100
Collateral Ownership. After deposit by Secured Party of the Purchase Amount into the Deposit Account Debtor shall be the sole legal and beneficial owner of the Collateral, and Debtor has, and at all times during the term of this Agreement will have, good and marketable title to the Collateral, free and clear of all pledges, Liens, claims, or encumbrances, and will have at all times full right, power and authority to grant a security interest in the Collateral to Secured Party in the manner provided herein, free and clear of any lien, security interest, adverse claims or other charges or encumbrances, subject in all respects to the rights of Secured Party under this Agreement and the Deposit Account Control Agreement.
Collateral Ownership. Company is the sole owner of all existing Collateral and will be the sole owner of all Collateral hereafter arising or acquired.
Collateral Ownership. Each Debtor is the sole legal and beneficial owner of the Collateral of such Debtor, and such Debtor has, and will at all times during the term of this Agreement have, good and marketable title to (or valid right in and the power to transfer such rights) the Collateral, free and clear of all pledges, Liens, claims, or encumbrances except for the security interest granted to the Administrative Agent herein and Permitted Liens, and will have at all times full right, power and authority to grant a security interest in the Collateral to the Administrative Agent in the manner provided herein, free and clear of any lien, security interest, adverse claims or other charges or encumbrances, except Permitted Liens or as otherwise expressly permitted in the Loan Documents.
Collateral Ownership. Except for the security interest created -------------------- hereby and the security interest therein granted by the Company to Senior Lender as contemplated by the agreements between such parties, the Company is the owner of the Collateral free from any adverse claim of ownership or any lien, security interest or encumbrance of any kind, and shall retain all rights therein subject to the terms and conditions hereof, except for the right to sell, assign, encumber or otherwise transfer the Collateral or any interest therein (other than in connection with the acquisition by the Company of new assets wherein one or more third parties from whom such new assets are obtained reserves a purchase money or comparable security interest therein) without the prior written consent of Payee, to be given or withheld in Payee's sole discretion.
Collateral Ownership. If any Collateral is not owned by the Party, Party must cause all individuals or entities who own such Collateral to enter into this Agreement; and
Collateral Ownership. No U.K. Credit Party other than SFS Ltd. shall own any Art Loans. SFS Ltd. shall not, and Holdings, Sotheby's, Inc., Oatshare and Sotheby's U.K. shall not permit SFS Ltd. to, at any time prior to the Termination Date constitute a "Significant Subsidiary" (as defined in the Senior Note Indenture).
