Common use of No Other Encumbrances Clause in Contracts

No Other Encumbrances. Debtor has good and marketable title to its Collateral, free and clear of any liens, claims, encumbrances and rights of any kind, except the Liens scheduled pursuant to the Securities Purchase Agreement or as otherwise approved in writing by the Secured Party, and has the right to pledge, sell, assign or transfer the Collateral.

Appears in 5 contracts

Samples: Securities Purchase Agreement, Pledge and Security Agreement (Sentient Brands Holdings Inc.), Pledge and Security Agreement (Bloomios, Inc.)

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No Other Encumbrances. Debtor has good and marketable title to its Collateral, free and clear of any liens, claims, encumbrances and rights of any kind, except the Liens scheduled pursuant to the Securities Purchase Agreement or as otherwise approved in writing by the Secured PartyCollateral Agent, and has the right to pledge, sell, assign or transfer the Collateral.

Appears in 2 contracts

Samples: Pledge and Security Agreement (Neuraxis, INC), Pledge and Security Agreement (La Rosa Holdings Corp.)

No Other Encumbrances. Debtor has good and marketable title to its Collateral, free and clear of any liens, claims, encumbrances and rights of any kind, except the Liens in favor of the holders of the Senior Indebtedness or otherwise scheduled pursuant to the Securities Purchase Agreement or as otherwise approved in writing by the Secured Party, and has the right to pledge, sell, assign or transfer the Collateralsame. There exists no adverse claim with respect to the Pledged Equity.

Appears in 2 contracts

Samples: Security and Pledge Agreement (1847 Goedeker Inc.), Security and Pledge Agreement (1847 Holdings LLC)

No Other Encumbrances. Debtor has good and marketable title to its Collateral, free and clear of any liens, claims, encumbrances and rights of any kind, except the Liens scheduled pursuant to the Securities Purchase Agreement or as otherwise approved in writing by the Secured Party, and has the right to pledge, sell, assign or transfer the Collateralsame. There exists no adverse claim with respect to the Pledged Equity.

Appears in 2 contracts

Samples: Pledge and Security Agreement (Good Hemp, Inc.), Security and Pledge Agreement (Franchise Holdings International, Inc.)

No Other Encumbrances. Except as disclosed in the Disclosure Schedule to the Subscription Agreements, Debtor has good and marketable title to its Collateral, free and clear of any liens, claims, encumbrances and rights of any kind, except the Liens scheduled pursuant to the Securities Purchase Agreement or as otherwise approved in writing by the Secured Party, and has the right to pledge, sell, assign or transfer the Collateral.

Appears in 2 contracts

Samples: Pledge and Security Agreement (Lucy Scientific Discovery, Inc.), Pledge and Security Agreement (Cardiff Lexington Corp)

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No Other Encumbrances. Debtor has good and marketable title to its Collateral, free and clear of any liens, claims, encumbrances and rights of any kind, except the Liens scheduled pursuant to the Securities Purchase Agreement Agreement, as disclosed in SEC filings or as otherwise approved in writing by the Secured Party, and has the right to pledge, sell, assign or transfer the Collateralsame. There exists no adverse claim with respect to the Pledged Equity.

Appears in 1 contract

Samples: Security and Pledge Agreement (Cardiff Lexington Corp)

No Other Encumbrances. Debtor has good and marketable title to its the Collateral, free and clear of any liens, claims, encumbrances and rights of any kind, kind except the Liens scheduled pursuant to the Securities Purchase Agreement or as otherwise approved in writing by the Secured Party, and has the right to pledge, sell, assign or transfer the CollateralPermitted Liens.

Appears in 1 contract

Samples: Security Agreement (Calpian, Inc.)

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