Common use of Lien Search Clause in Contracts

Lien Search. The Lender shall have received a certification from Title Insurance Company or counsel satisfactory to the Lender (which shall be updated from time to time at the Borrower's expense upon request by the Lender) that a search of the public records disclosed no conditional sales contracts, security agreements, chattel mortgages, leases of personalty, financing statements or title retention agreements which affect the Collateral.

Appears in 3 contracts

Sources: Loan Agreement (Sepracor Inc /De/), Loan Agreement (Sepracor Inc /De/), Loan Agreement (Nantucket Island Associates Limited Partnership)

Lien Search. The Lender shall have received a certification from Title Insurance Company or counsel satisfactory satisfac­tory to the Lender (which shall be updated from time to time at the Borrower's expense upon request by the Lender) that a search of the public records disclosed no conditional sales contracts, security agreements, chattel mortgages, leases of personalty, financing statements or title retention agreements which affect the Collateral.

Appears in 2 contracts

Sources: Construction Loan and Security Agreement (Griffin Land & Nurseries Inc), Construction Loan and Security Agreement (Griffin Land & Nurseries Inc)

Lien Search. The Lender shall have received a certification from the Title Insurance Company or counsel satisfactory to the Lender (which shall be updated from time to time at the Borrower's expense upon request by the Lender) that a search of the public records disclosed no conditional sales contracts, security agreements, chattel mortgages, leases of personalty, financing statements or title retention agreements which affect the Collateral.

Appears in 1 contract

Sources: Acquisition and Construction Loan Agreement (Praecis Pharmaceuticals Inc)

Lien Search. The Lender shall have received a certification from Title Insurance Company or counsel satisfactory satisfac tory to the Lender (which shall be updated from time to time at the Borrower's expense upon request by the Lender) that a search of the public records disclosed no conditional sales contracts, security agreements, chattel mortgages, leases of personalty, financing statements or title retention agreements which affect the Collateral.

Appears in 1 contract

Sources: Loan Agreement (Applied Science & Technology Inc)

Lien Search. The Lender shall have received a certification from ----------- Title Insurance Company or counsel satisfactory to the Lender (which shall be updated from time to time at the Borrower's expense upon request by the Lender) that a search of the public records disclosed no conditional sales contracts, security agreements, chattel mortgages, leases of personalty, financing statements or title retention agreements which affect the Collateral.

Appears in 1 contract

Sources: Loan Agreement (Jameson Inns Inc)

Lien Search. The Lender shall have received a certification from Title Insurance Company or counsel satisfactory to the Lender (which shall be updated from time to time at the Borrower's ’s expense upon request by the Lender) that a search of the public records disclosed no conditional sales contracts, security agreements, chattel mortgages, leases of personalty, financing statements or title retention agreements which affect the Collateral.

Appears in 1 contract

Sources: Construction Loan and Security Agreement (Griffin Land & Nurseries Inc)