Legal and beneficial ownership. The Borrower is the sole legal and beneficial owner of the respective assets over which it purports to grant Security.
Appears in 3 contracts
Samples: Facility Agreement (Daqo New Energy Corp.), Facility Agreement (TriLinc Global Impact Fund LLC), Loan Agreement (Tiffany & Co)
Legal and beneficial ownership. The Borrower is the sole legal and beneficial owner of the respective assets over which it purports to grant SecuritySecurity free from any claims, third party rights or competing interests other than Security permitted under clauses 21.3(c) or (d) (Negative pledge).
Appears in 2 contracts
Samples: Uncommitted Borrowing Base Facility Agreement (Hafnia LTD), Uncommitted Borrowing Base Facility Agreement (Hafnia LTD)
Legal and beneficial ownership. The Borrower is the sole absolute legal and beneficial owner of all the respective assets over which it purports to grant create Security pursuant to any Security Document, free from any Security other than Permitted Security.
Appears in 1 contract
Legal and beneficial ownership. The Borrower is the sole legal and beneficial owner of the respective assets over which it purports to grant SecuritySecurity free from any claims, third party rights or competing interests other than Security permitted under clause 22.3(c) (Negative pledge).
Appears in 1 contract
Samples: Uncommitted Borrowing Base Facility Agreement (Hafnia LTD)
Legal and beneficial ownership. The Borrower It and, in the case of the Borrower, each of its Subsidiaries is the sole legal and beneficial owner of the respective assets over which it purports to grant Security.
Appears in 1 contract
Samples: Facility Agreement (Central European Media Enterprises LTD)
