Common use of Holding of Collateral Clause in Contracts

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 4 contracts

Samples: Credit and Guaranty Agreement (American Airlines, Inc.), Credit and Guaranty Agreement (American Airlines, Inc.), Aircraft Security Agreement (American Airlines, Inc.)

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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.), 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 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 3 contracts

Samples: Credit and Guaranty Agreement (American Airlines, Inc.), 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, 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: Credit and Guaranty Agreement (American Airlines, Inc.), Credit Agreement (American Airlines Inc)

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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, of all such Collateral free from any Lien 116 except for (1) the Lien and security interest created by the Collateral Documents and (2) Permitted Liens.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (American Airlines, Inc.)

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