Holding of Collateral. Each applicable Grantor is, and as to Collateral acquired by it from time to time after the date hereof such Grantor will be, the holder or a co-holder of all such Collateral free from any Lien except for (1) the Lien and security interest created by the Collateral Documents and (2) Permitted Liens.
Appears in 3 contracts
Samples: Credit and Guaranty Agreement (American Airlines, Inc.), Credit and Guaranty Agreement (American Airlines, Inc.), Credit and Guaranty Agreement (American Airlines, Inc.)
Holding of Collateral. Each applicable Grantor is, and as to Collateral acquired by it from time to time after the date hereof such Grantor will be, the holder or a co-holder holder, of all such Collateral free from any Lien except for (1) the Lien and security interest created by the Collateral Documents and (2) Permitted Liens.
Appears in 3 contracts
Samples: Credit and Guaranty Agreement (American Airlines, Inc.), Aircraft Security Agreement (American Airlines, Inc.), SGR Security Agreement (American Airlines Inc)
Holding of Collateral. Each applicable Grantor is, and as to Collateral acquired by it from time to time after the date hereof such each Grantor will be, the holder or a co-holder of all such Collateral free from any Lien except for (1) the Lien and security interest created by the Collateral Documents and (2) Permitted Liens.
Appears in 2 contracts
Samples: Security Agreement (American Airlines Inc), Aircraft Security Agreement (American Airlines Inc)
Holding of Collateral. Each applicable Grantor is, and as to Collateral acquired by it from time to time after the date hereof such each Grantor will be, the holder or or, following the AMR/US Airways Merger, a co-holder holder, of all such Collateral free from any Lien except for (1) the Lien and security interest created by the Collateral Documents and (2) Permitted Liens.
Appears in 1 contract
