Common use of No Lessor Liens Clause in Contracts

No Lessor Liens. No Lease submitted to Lender pursuant to Section 5.3, or any Equipment subject thereto, or any other of its rights therein, has been assigned to, or be subject to, any lien or security interest in favor of, any person other than Lender.

Appears in 4 contracts

Samples: Loan and Security Agreement (Cooperative Computing Inc /De/), Loan and Security Agreement (Cooperative Computing Inc /De/), Loan and Security Agreement (Cooperative Computing Inc /De/)

AutoNDA by SimpleDocs

No Lessor Liens. No Lease submitted to Lender pursuant to Section 5.3, or any Equipment subject thereto, or any other of its rights therein, has been assigned to, or be subject to, any lien or security interest in favor of, of any person other than Lender.

Appears in 1 contract

Samples: Loan and Security Agreement (Cooperative Computing Inc /De/)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!