Common use of No third party Security Interests Clause in Contracts

No third party Security Interests. Without limiting the generality of Clause 10.6 (Legal validity; pari passu ranking; effective Security Interests), at the time of the execution and delivery of each Finance Document: (a) each Borrower will have the right to create all the Security Interests which the Finance Documents to which it is a party purports to create; and (b) no third party will have any Security Interest (except for Permitted Security Interests) or any other interest, right or claim over, in or in relation to any asset to which any such Security Interest, by its terms, relates.

No third party Security Interests. Without limiting the generality of Clause 10.6 (Legal validity; pari passu ranking; validity and effective Security Interests), ) and the other documents executed pursuant thereof at the time of the execution and delivery of each Finance DocumentDocument to which the Guarantor is a party: (a) each Borrower the Guarantor will have the right to create all the Security Interests which the that Finance Documents to which it is a party Document purports to create; and (b) no third party will have any Security Interest (except for other than Permitted Security InterestsLiens) or any other similar interest, right or claim over, in or in relation to any asset to which any such Security Interest, by its terms, relates.

No third party Security Interests. Without limiting the generality of Clause 10.6 10.5 (Legal validity; pari passu ranking; effective Security Interests), at the time of the execution and delivery of each Finance DocumentDocument and each Master Agreement: (a) each Borrower Obligor that is a party to that Finance Document or Master Agreement will have the right to create all the Security Interests which the that Finance Documents to which it is a party Document or Master Agreement purports to create; and (b) no third party will have any Security Interest (except for Permitted Security Interests) or any other interest, right or claim over, in or in relation to any asset to which any such Security Interest, by its terms, relates.

No third party Security Interests. Without limiting the generality of Clause 10.6 (Legal validity; pari passu ranking; effective Security Interests)10.6, at the time of the execution and delivery of each Finance DocumentDocument to which a Borrower is a party and the-each Master Agreement: (a) each Borrower which is a party to that Finance Document will have the right to create all the Security Interests which the that Finance Documents to which it is a party Document purports to create; and (b) no third party will have any Security Interest (except for Permitted Security Interests) or any other interest, right or claim over, in or in relation to any asset to which any such Security Interest, by its terms, relates.

No third party Security Interests. Without limiting the generality of Clause 10.6 (Legal validity; pari passu ranking; effective Security Interests), security interests) at the time of the execution and delivery of each Finance DocumentDocument to which the Borrower and each other Security Party is a party: (a) the Borrower, or as the case may be, each Borrower other Security Party will have the right to create all the Security Interests which the that Finance Documents to which it is a party Document purports to create; and (b) no third party will have any Security Interest (except for Permitted Security Interests) or any other interest, right or claim over, in or in relation to any asset to which any such Security Interest, by its terms, relates.

No third party Security Interests. Without limiting the generality of Clause 10.6 10.7 (Legal validity; pari passu ranking; effective Security Interests), at the time of the execution and delivery of each Finance DocumentDocument to which the Borrower or the relevant Owner is a party: (a) each the Borrower or that Owner will have the right to create all the Security Interests which the that Finance Documents to which it is a party Document purports to create; and (b) no third party will have any Security Interest (except for Permitted Security Interests) or any other interest, right or claim over, in or in relation to any asset to which any such Security Interest, by its terms, relates.

No third party Security Interests. Without limiting the generality of Clause 10.6 (Legal validity; pari passu ranking; effective Security Interests), ) at the time of the execution and delivery of each Finance DocumentDocument to which the Borrower and each other Security Party is a party: (a) the Borrower, or as the case may be, each Borrower other Security Party will have the right to create all the Security Interests which the that Finance Documents to which it is a party Document purports to create; and (b) no third party will have any Security Interest (except for Permitted Security Interests) or any other interest, right or claim over, in or in relation to any asset to which any such Security Interest, by its terms, relates.

No third party Security Interests. Without limiting the generality of Clause 10.6 (Legal validity; pari passu ranking; effective Security Interests), at the time of the execution and delivery of each Finance Document: (a) each the relevant Borrower or the relevant Security Party which is party to that Finance Document will have the right to create all the Security Interests which the that Finance Documents to which it is a party Document purports to create; and (b) no third party will have any Security Interest (except for Permitted Security Interests) or any other interest, right or claim over, in or in relation to any asset to which any such Security Interest, by its terms, relates.