Common use of No Liens; Other Financing Statements Clause in Contracts

No Liens; Other Financing Statements. (a) Except for the Lien granted to the Secured Party hereunder and Permitted Liens, Debtor owns each item of the Collateral free and clear of any and all Liens, rights, or claims of all other Persons, and Debtor shall defend the Collateral against all claims and demands of all Persons at any time claiming the same or any interest therein adverse to the Secured Party.

Appears in 9 contracts

Samples: Amended and Restated Security Agreement (Primeenergy Corp), Security Agreement (Primeenergy Corp), Security Agreement (Primeenergy Corp)

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No Liens; Other Financing Statements. (a) Except To the best of Debtor's knowledge, except for the Lien granted to the Secured Party hereunder and Permitted Liens, the Debtor owns own or otherwise has rights in and as to all Collateral, whether now existing or hereafter acquired, will continue to own or otherwise have rights in each item of the Collateral free and clear of any and all Liens, rights, rights or claims of all other PersonsPersons other than Permitted Liens, and the Debtor shall will defend the Collateral against all other claims and demands of all Persons at any time claiming the same or any interest therein adverse to the Secured Party.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Resource America Inc), Stock Purchase Agreement (Fidelity Leasing Inc)

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