Common use of Other Liens Clause in Contracts

Other Liens. Except for the Security Interest and Permitted Liens, the Debtor has rights in or the power to transfer the Collateral and its title and will be able to do so hereafter free from any adverse Lien, security interest or encumbrance, and the Debtor will defend the Collateral against the claims and demands of all persons at any time claiming the same or any interest therein.

Appears in 39 contracts

Sources: Blanket Security Agreement (Genesys Industries, Inc.), Blanket Security Agreement (Genesys Industries, Inc.), Security Agreement (Digital Lightwave Inc)

Other Liens. Except for the Security Interest and Permitted Liens, the Debtor Borrower has rights in or the power to transfer the Collateral and its title and will be able to do so hereafter free from any adverse Lien, security interest or encumbrance, and the Debtor Borrower will defend the Collateral against the claims and demands of all persons at any time claiming the same or any interest therein.

Appears in 4 contracts

Sources: Loan and Security Agreement, Loan and Security Agreement (InPlay Technologies, Inc.), Investment Agreement (AMERICAS ENERGY Co - AECO)

Other Liens. Except for the Security Interest and Permitted LiensInterest, the Debtor has rights in or the power to transfer the Collateral and its title and will be able to do so hereafter free from any adverse Lienlien, security interest or encumbranceencumbrance (other than purchase money security interests that will be discharged upon Debtor’s payment of the purchase price for the applicable property), and the Debtor will defend the Collateral against the claims and demands of all persons at any time claiming the same or any interest therein.

Appears in 4 contracts

Sources: Security Agreement (Rvision, Inc), Security Agreement (Paxton Energy Inc), Security Agreement (Ethos Environmental, Inc.)

Other Liens. Except for the Security Interest and Permitted LiensInterest, the Debtor has rights in or the power to transfer the Collateral and its title and will be able to do so hereafter free from any adverse Lien, security interest or encumbrance, and the Debtor will defend the Collateral against the claims and demands of all persons at any time claiming the same or any interest therein.

Appears in 3 contracts

Sources: Co Development and Commercialization Agreement, Co Development and Commercialization Agreement (Acucela Inc.), Co Development and Commercialization Agreement (Acucela Inc)

Other Liens. Except for the Security Interest and Permitted LiensInterest, the Debtor has rights in or the power to transfer the Collateral and its title and will be able to do so hereafter free from any adverse Lienlien, security interest or encumbranceencumbrance (other than purchase money security interests that will be discharged upon Debtor's payment of the purchase price for the applicable property), and the Debtor will defend the Collateral against the claims and demands of all persons at any time claiming the same or any interest therein.

Appears in 1 contract

Sources: Secured Convertible Note Purchase Agreement (Paxton Energy Inc)

Other Liens. Except for the Security Interest and Permitted Liens, the Debtor has rights in or the power to transfer the Collateral and its title and will be able to do so hereafter free from any adverse Lien, security interest or encumbrance, and the Debtor will defend the Collateral against the claims and demands of all persons at any time claiming the same or any interest therein, except as otherwise approved by the Requisite Holders (as defined in subsection (h) below).

Appears in 1 contract

Sources: Security Agreement (Bonds.com Group, Inc.)