Common use of Liens on Properties Clause in Contracts

Liens on Properties. Except as created hereby, and except for Liens that will be terminated prior to the Transfer Date, there are no Liens of any nature whatsoever on any Receivable. The Transferor is not a party to any contract, agreement, lease or instrument (other than this Agreement or as contemplated by this Agreement) the performance of which, either unconditionally or upon the happening of an event, will result in or require the creation of any Lien on any Receivable, or otherwise result in a violation of this Agreement.

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (Muehlstein Holding Corp), Pooling and Servicing Agreement (Muehlstein Holding Corp)

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Liens on Properties. Except as created hereby, and except for Liens that will be terminated prior to the Transfer Effective Date, there are no Liens of any nature whatsoever on any Account or Receivable. The Transferor is not a party to any contract, agreement, lease or instrument (other than this Agreement or as contemplated by this Agreement) the performance of which, either unconditionally or upon the happening of an event, will result in or require the creation of any Lien on any Account or Receivable, or otherwise result in a violation of this Agreement.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Elder Beerman Stores Corp)

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Liens on Properties. Except as created herebyfor Permitted Liens, and except for Liens that will be terminated prior to the Transfer Date, there are no Liens of any nature whatsoever on any Receivable. The Transferor is not a party to any contract, agreement, lease or instrument (other than this Agreement or as contemplated by this Agreement) the performance of which, either unconditionally or upon the happening of an event, will result in or require the creation of any Lien on any Receivable, or otherwise result in a violation of this Agreement.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Zenith Electronics Corp)

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