Common use of Collateral Title, Liens Clause in Contracts

Collateral Title, Liens. Borrower shall, at its own expense, take any and all actions necessary to remove any encumbrances or clouds upon title to the Collateral, except those agreed to in writing by the Bank; and Borrower shall keep the Collateral free and clear of such encumbrances or clouds upon title, except those agreed to in writing by the Bank.

Appears in 3 contracts

Samples: Loan Agreement (Bowlin Outdoor Advertising & Travel Centers Inc), Master Loan Agreement (Amrep Corp), Master Loan Agreement (Amrep Corp)

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Collateral Title, Liens. Borrower shall, at its own expense, take any and all actions necessary to remove any encumbrances or clouds upon title to the Collateral, except those agreed to in writing by the Bank; and Borrower shall keep the Collateral free and clear of such encumbrances or clouds upon title, except those agreed to in writing by the Bank.. 6

Appears in 1 contract

Samples: Loan Agreement (Bowlin Outdoor Advertising & Travel Centers Inc)

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