Common use of No Claims Clause in Contracts

No Claims. Such Pledgor owns or has rights to use all of the Pledged Collateral pledged by it hereunder and all rights with respect to any of the foregoing used in, necessary for or material to such Pledgor’s business as currently conducted. The use by such Pledgor of such Pledged Collateral and all such rights with respect to the foregoing do not infringe on the rights of any Person other than such infringement which would not, individually or in the aggregate, result in a Material Adverse Effect. No claim has been made and remains outstanding that such Pledgor’s use of any Pledged Collateral does or may violate the rights of any third Person that would individually, or in the aggregate, have a Material Adverse Effect.

Appears in 7 contracts

Samples: Security Agreement (Department 56 Inc), Security Agreement (Lenox Group Inc), Security Agreement (Lenox Group Inc)

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No Claims. Such Each Pledgor owns or has rights to use all of the Pledged Collateral pledged by it hereunder and all rights with respect to any of the foregoing used in, necessary for or material to such Pledgor’s business as currently conducted. The use by such Pledgor of such Pledged Collateral and all such rights with respect to the foregoing do not infringe on the rights of any Person other than such infringement which would not, individually or in the aggregate, result in a Material Adverse Effect. No claim has been made and remains outstanding that such Pledgor’s use of any Pledged Collateral does or may violate the rights of any third Person that would individually, or in the aggregate, have a Material Adverse Effect.

Appears in 3 contracts

Samples: Security Agreement (Sportsman's Warehouse Holdings, Inc.), Security Agreement (Sportsman's Warehouse Holdings, Inc.), Security Agreement (Sportsmans Warehouse Holdings Inc)

No Claims. Such Pledgor owns or has rights to use all of the Pledged Collateral pledged by it hereunder and all rights with respect to any of the foregoing used in, necessary for or otherwise material to such Pledgor’s business as currently conducted. The use by such Pledgor of such Pledged Collateral and all such rights with respect to the foregoing do not infringe on the rights of any Person other than such infringement which would not, individually or in the aggregate, result in a Material Adverse Effect. No claim has been made and remains outstanding that such Pledgor’s use of any Pledged Collateral does or may violate the rights of any third Person that would individually, or in the aggregate, have a Material Adverse Effect.

Appears in 3 contracts

Samples: Credit Agreement (Bearingpoint Inc), Security Agreement (Bearingpoint Inc), Security Agreement (Bearingpoint Inc)

No Claims. Such Pledgor owns or has rights to use all of the Pledged Collateral pledged by it hereunder and all rights with respect to any of the foregoing used in, necessary for or material to such Pledgor’s 's business as currently conductedconducted and as contemplated to be conducted pursuant to the Loan Documents. The To such Pledgor's knowledge, the use by such Pledgor of such Pledged Collateral and all such rights with respect to the foregoing do not infringe on the rights of any Person other than such infringement which would not, individually or in the aggregate, result in a Material Adverse EffectPerson. No claim has been made and remains outstanding that such Pledgor’s 's use of any Pledged Collateral does or may violate the rights of any third Person that would individually, or in the aggregate, have a Material Adverse Effect.

Appears in 1 contract

Samples: Security Agreement (Actuant Corp)

No Claims. Such Pledgor owns or has rights to use all of --------- the Pledged Collateral pledged by it hereunder and all rights with respect to any of the foregoing used in, necessary for or material to such Pledgor’s 's business as currently conducted. The use by such Pledgor of such Pledged Collateral and all such rights with respect to the foregoing do not infringe on the rights of any Person other than such infringement which would not, individually or in the aggregate, result in a Colla t-eral Material Adverse Effect. No claim has been made and remains outstanding that such Pledgor’s 's use of any Pledged Collateral does or may violate the rights of any third Person that would individually, or in the aggregate, have a Collateral Material Adverse Effect.

Appears in 1 contract

Samples: Security Agreement (Raceland Truck Plaza & Casino LLC)

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No Claims. Such Pledgor owns or has rights to use all of the Pledged --------- Collateral pledged by it hereunder and all rights with respect to any of the foregoing used in, necessary for or material to such Pledgor’s 's business as currently conductedconducted and as contemplated to be conducted pursuant to the Credit Documents. The To the best of Pledgor's knowledge, the use by such Pledgor of such Pledged Collateral and all such rights with respect to the foregoing do does not infringe on the rights of any Person other than such infringement which would notPerson. To the best of Pledgor's knowledge, individually or in the aggregate, result in a Material Adverse Effect. No no claim has been made and remains outstanding that such Pledgor’s 's use of any the Pledged Collateral does or may violate the rights of any third Person that would individually, or in the aggregate, have a Material Adverse Effectperson.

Appears in 1 contract

Samples: Intellectual Property Security Agreement (Carson Products Co)

No Claims. Such Pledgor owns or has rights to use all of the Pledged Collateral pledged by it hereunder and all rights with respect to any of the foregoing Pledged Collateral used in, necessary for or material to such Pledgor’s business as currently conducted. The use by such Pledgor of such Pledged Collateral and all such rights with respect to the foregoing do not infringe on the rights of any Person other than such infringement which would not, individually or not in the aggregate, result in a Collateral Material Adverse Effect. No claim has claims have been made and remains remain outstanding that such Pledgor’s use of any Pledged Collateral does or may violate the rights of any third Person that would individually, or in the aggregate, have a Collateral Material Adverse Effect.

Appears in 1 contract

Samples: Security Agreement (Colonial Downs, LLC)

No Claims. Such Pledgor owns or has rights to use all of the Pledged Collateral pledged by it hereunder and all rights with respect to any of the foregoing used in, necessary for or material to such Pledgor’s 's business as currently conductedconducted and as contemplated to be conducted pursuant to the Credit Documents. The To the best of Pledgor's knowledge, the use by such Pledgor of such Pledged Collateral and all such rights with respect to the foregoing do does not infringe on the rights of any Person other than such infringement which would notPerson. To the best of Pledgor's knowledge, individually or in the aggregate, result in a Material Adverse Effect. No no claim has been made and remains outstanding that such Pledgor’s 's use of any the Pledged Collateral does or may violate the rights of any third Person that would individually, or in the aggregate, have a Material Adverse Effectperson.

Appears in 1 contract

Samples: Credit Agreement (Carson Inc)

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