Common use of No Other Grants Clause in Contracts

No Other Grants. Other than the security interest granted to the Agent for the benefit of the Secured Parties pursuant to the Agreement and other than with respect to Permitted Liens, the Borrower has not pledged, assigned, sold, granted a security interest in, or otherwise conveyed any of the Pledged Collateral. The Borrower has not authorized the filing of, or is not aware of any financing statements against the Borrower that include a description of collateral covering the Pledged Collateral other than any financing statement relating to the security interest granted to the Agent for the benefit of the Secured Parties under the Agreement or that has been terminated.

Appears in 4 contracts

Samples: Revolving Credit and Security Agreement (Highland Credit Strategies Fund), Revolving Credit and Security Agreement (Highland Distressed Opportunities, Inc.), Revolving Credit and Security Agreement (Highland Floating Rate Advantage Fund)

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