Legal and beneficial ownership. It is the sole legal and beneficial owner of the respective assets over which it purports to grant Transaction Security free from any claims, third party rights or competing interests other than as permitted by this Agreement.
Appears in 2 contracts
Samples: Facility Agreement (Ener1 Inc), Facility Agreement (Ener1 Inc)
Legal and beneficial ownership. It is the sole legal and beneficial owner of the respective assets over which it purports to grant Transaction Security in this Deed, free from any claims, third party rights or competing interests other than as permitted by this AgreementSecurity.
Appears in 2 contracts
Samples: Senior Secured Convertible Note Purchase Agreement (Mynd.ai, Inc.), Senior Secured Convertible Note Purchase Agreement
Legal and beneficial ownership. It is the sole legal and beneficial owner of the respective assets over which it purports to grant the Transaction Security free from any claims, third party rights or competing interests other than as permitted by this AgreementPermitted Security.
Appears in 2 contracts
Samples: Facilities Agreement (MiX Telematics LTD), Facilities Agreement (PowerFleet, Inc.)
Legal and beneficial ownership. It is the sole absolute legal and beneficial owner of all the respective assets over which it purports to grant Transaction create Security pursuant to any Security Document, free from any claims, third party rights or competing interests Security other than as permitted by this Agreementany Permitted Security.
Appears in 1 contract
Legal and beneficial ownership. It is the sole absolute legal and beneficial owner of the respective assets over which it purports to grant Transaction Security Assets, free from and clear of any claims, third party rights or competing interests other than as permitted in favour of third parties except for the Security Interests created by this AgreementMortgage.
Appears in 1 contract
Samples: Yun Chen Capital Cayman
Legal and beneficial ownership. It is the sole absolute legal and beneficial owner of all the respective assets over which it purports to grant Transaction create Security pursuant to any Security Document, free from any claims, third party rights or competing interests Security other than as permitted by this AgreementPermitted Security.
Appears in 1 contract
Legal and beneficial ownership. (a) It is the sole legal and beneficial owner of the respective assets over which it grants or purports to grant any Transaction Security free from any claims, third party rights or competing interests other than as permitted by this AgreementSecurity.
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Legal and beneficial ownership. It is the sole legal and beneficial owner of the respective assets over which it purports to grant Transaction Security free from any claims, third party rights or competing interests other than as Security permitted by this Agreementunder paragraph (b) of Clause 18.3 (Negative pledge).
Appears in 1 contract
Legal and beneficial ownership. It is the sole sole, absolute, legal and beneficial owner of the respective assets over which it purports to grant Transaction Security Security, free from any claims, third party rights or competing interests other than as permitted by this Agreementinterests.
Appears in 1 contract
Legal and beneficial ownership. It is the sole legal and beneficial owner of the respective assets any asset over which it purports to grant Security to Buyer pursuant to a Transaction Security free from any claims, third party rights or competing interests other than as permitted by this AgreementDocument.
Appears in 1 contract
Samples: Prepayment Agreement (Transatlantic Petroleum Ltd.)
