Common use of No Liens, Etc Clause in Contracts

No Liens, Etc. The Borrower Collateral and each part thereof ------------- is owned by the Borrower free and clear of any Adverse Claim or restrictions on transferability and the Borrower has the full right, corporate power and lawful authority to assign, transfer and pledge the same and interests therein, and upon the making of each Advance, the Collateral Agent, for the benefit of the Secured Parties, will have acquired a perfected, first priority and valid security interest (except, as to priority, for any tax lien or mechanics liens that may arise after the Closing Date) in such Borrower Collateral, free and clear of any Adverse Claim or restrictions on transferability. No effective financing statement or other instrument similar in effect covering all or any part of the Borrower Collateral is on file in any recording office, except such as may have been filed in favor of the Collateral Agent as "Secured Party" pursuant to Article IX of this Agreement or, with respect to the Transferred ---------- Receivables, in favor of the Borrower pursuant to the Purchase Agreement.

No Liens, Etc. The Borrower Collateral and each part thereof ------------- is owned by the Borrower free and clear of any Adverse Claim or restrictions on transferability and the Borrower has the full right, corporate power and lawful authority to assign, transfer and pledge the same and interests therein, and upon the making of each Advance, the Collateral Agent, for the benefit of the Secured Parties, will have acquired a perfected, first priority and valid security interest (except, as to priority, for any tax lien or mechanics liens that may arise after the Closing Date) in such Borrower Collateral, free and clear of any Adverse Claim or restrictions on transferability. No effective financing statement or other instrument similar in effect covering all or any part of the Borrower Collateral is on file in any recording office, except such as may have been filed in favor of the Collateral Agent as "Secured Party" pursuant to Article ARTICLE IX of this Agreement or, with respect to the Transferred ---------- Receivables, in favor of the Borrower pursuant to the Purchase Agreement.

No Liens, Etc. The Borrower Collateral and each part thereof ------------- is owned by the Borrower free and clear of any Adverse Claim or restrictions on transferability and the Borrower has the full right, corporate power and lawful authority to assign, transfer and pledge the same and interests therein, and upon the making of each Advance, the Collateral Agent, for the benefit of the Secured Parties, will have acquired a perfected, first priority and valid security interest (except, as to priority, for any tax lien or mechanics liens lien that may arise after the Closing applicable Purchase Date) in such Borrower Collateral, free and clear of any Adverse Claim or restrictions on transferability. No effective financing statement or other instrument similar in effect covering all or any part of the Borrower Collateral is on file in any recording office, except such as will be released on the Initial Advance Date or a Subsequent Advance Date or as may have been filed in favor of the Collateral Agent as "Secured Party" pursuant to Article IX of this the Security Agreement or, with respect to the Transferred ---------- Receivables, in favor of the Borrower pursuant to the Receivables Purchase Agreement.

No Liens, Etc. The Borrower Collateral and each part thereof ------------- is owned by the Borrower free and clear of any Adverse Claim or restrictions on transferability and the Borrower has the full right, corporate limited liability company power and lawful authority to assign, transfer and pledge the same and interests therein, and upon the making of each Advance, the Collateral Agent, for the benefit of the Secured Parties, will have acquired a perfected, first priority and valid security interest (except, as to priority, for any tax lien or mechanics liens that may arise after the Closing Date) in such Borrower Collateral, free and clear of any Adverse Claim or restrictions on transferability. No effective financing statement or other instrument similar in effect covering all or any part of the Borrower Collateral is on file in any recording office, except such as may have been filed in favor of the Collateral Agent as "Secured Party" pursuant to Article IX of this Agreement or, with respect to the Transferred ---------- Receivables, in favor of the Borrower pursuant to the Purchase Sale and Contribution Agreement.

No Liens, Etc. The Borrower Collateral and each part ------------- thereof ------------- is owned by the Borrower free and clear of any Adverse Claim or restrictions on transferability and the Borrower has the full right, corporate power and lawful authority to assign, transfer and pledge the same and interests therein, and upon the making of each Advance, the Collateral Agent, for the benefit of the Secured Parties, will have acquired a perfected, first priority and valid security interest (except, as to priority, for any tax lien or mechanics liens that may arise after the Closing Date) in such Borrower Collateral, free and clear of any Adverse Claim or restrictions on transferability. No effective financing statement or other instrument similar in effect covering all or any part of the Borrower Collateral is on file in any recording office, except such as may have been filed in favor of the Collateral Agent as "Secured Party" pursuant to Article IX of this Agreement or, ,with ---------- respect to the Transferred ---------- Receivables, in favor of the Borrower pursuant to the Purchase Agreement.