No Other Liens. Borrower represents that the Trading Balance and Custodial Account shall be free and clear of all prior liens, claims and encumbrances (other than liens solely in favor of the Lender and the Agent), and Borrower will not cause or allow the Trading Balance or the Custodial Account, whether now owned or hereafter acquired, to be or become subject to any liens, security interests, mortgages or encumbrances of any nature other than security interests solely in favor of the Lender and the Agent.
Appears in 11 contracts
Samples: Broker Agreement (Bitwise Bitcoin ETF), The Coinbase Prime Broker Agreement (Franklin Templeton Digital Holdings Trust), Coinbase Prime Broker Agreement (Bitwise Ethereum ETF)
No Other Liens. Borrower represents that the Trading Balance and Custodial Account shall be free and clear of all prior liens, claims and encumbrances (other than liens solely in favor of the Lender and the Agent), and Borrower will not cause or allow the Trading Balance or the Custodial Account, whether now owned or hereafter acquired, to be or become subject to any liens, security interests, mortgages or encumbrances of any nature other than security interests solely in favor of the Lender and the Agent.. (e)
Appears in 1 contract
Samples: The Coinbase Prime Broker Agreement (Franklin Ethereum Trust)