Common use of Ownership and Liens Clause in Contracts

Ownership and Liens. Debtor will maintain good and indefeasible title to the Collateral free and clear of all liens, security interests, encumbrances or adverse claims, except for Permitted Encumbrances. Debtor will cause any financing statement or other security instrument with respect to the Collateral to be terminated, except for Permitted Encumbrances. Debtor will defend at its expense Lender’s right, title and security interest in and to the Collateral against the claims of any third party.

Appears in 13 contracts

Samples: Loan and Security Agreement (Dawson Geophysical Co), Loan and Security Agreement (Legacy Housing Corp), Loan and Security Agreement (Legacy Housing Corp)

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Ownership and Liens. Debtor Borrower will maintain good and indefeasible marketable title to the all Collateral free and clear of all liens, security interests, encumbrances or adverse claims, except for the security interest created by this Agreement or Permitted EncumbrancesLiens. Debtor Borrower will cause any financing statement or other security instrument with respect to the Collateral to be terminated, except for Permitted EncumbrancesLiens. Debtor Borrower will defend at its expense Lender’s right, title and security interest in and to the Collateral against the claims of any third party.

Appears in 3 contracts

Samples: Loan and Security Agreement (Viewcast Com Inc), Exchange Agreement (Viewcast Com Inc), Loan and Security Agreement (Viewcast Com Inc)

Ownership and Liens. Debtor will maintain good and indefeasible title to the Collateral free and clear of all liens, security interests, encumbrances or adverse claims, except for Permitted Encumbrances. Debtor will cause any financing statement or other security instrument with respect to the Collateral to be terminated, except for Permitted EncumbrancesEncumbrances and the filing of Debtor as buyer against a Seller as seller. Debtor will defend at its expense Lender’s right, title and security interest in and to the Collateral against the claims of any third party.

Appears in 2 contracts

Samples: Loan and Security Agreement (CCF Holdings LLC), Loan and Security Agreement (Community Choice Financial Inc.)

Ownership and Liens. Debtor will shall maintain good and indefeasible title to the Collateral free and clear of all liensLiens, security interests, encumbrances or adverse claims, except for Permitted Encumbrances. Debtor will cause any financing statement or other security instrument with respect to the Collateral to be terminated, except for Permitted Encumbrances. Debtor will shall defend at its expense Lender’s right, title and security interest in and to the Collateral against the claims of any third party.

Appears in 2 contracts

Samples: Loan and Security Agreement (Enova International, Inc.), Loan and Security Agreement (Enova International, Inc.)

Ownership and Liens. Debtor Borrower will maintain good and indefeasible title to the Collateral free and clear of all liens, security interests, encumbrances or adverse claims, except for Permitted Encumbrances. Debtor Borrower will cause any financing statement or other security instrument with respect to the Collateral to be terminated, except for Permitted Encumbrances. Debtor Borrower will defend at its expense LenderCredit Union’s right, title and security interest in and to the Collateral against the claims of any third party.. 

Appears in 2 contracts

Samples: Loan and Security Agreement (Ministry Partners Investment Company, LLC), Loan and Security Agreement (Ministry Partners Investment Company, LLC)

Ownership and Liens. Each Debtor will maintain good and indefeasible title to the Collateral owned by such Debtor free and clear of all liens, security interests, encumbrances or adverse claims, except for Permitted Encumbrances. Each Debtor will cause any financing statement or other security instrument with respect to the Collateral owned by such Debtor to be terminated, except for Permitted Encumbrances. Each Debtor will defend at its expense Lender’s right, title and security interest in and to the Collateral owned by such Debtor against the claims of any third party.

Appears in 1 contract

Samples: Pledge and Security Agreement (United eSystems, Inc.)

Ownership and Liens. Debtor Borrower will maintain good and indefeasible title to the Collateral free and clear of all liens, security interests, encumbrances or adverse claims, except for Permitted Encumbrances. Debtor Borrower will cause any financing statement or other security instrument with respect to the Collateral to be terminated, except for Permitted Encumbrances. Debtor Borrower will defend at its expense LenderCredit Union’s right, title and security interest in and to the Collateral against the claims of any third party.

Appears in 1 contract

Samples: Loan and Security Agreement (Ministry Partners Investment Company, LLC)

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Ownership and Liens. Each Debtor will maintain good and indefeasible marketable title to the Collateral free and clear of all liens, security interests, encumbrances or adverse claims, except for Permitted Encumbrances. Each Debtor will cause any Code financing statement or other security instrument with respect to the Collateral to be terminated, except for Code financing statements evidencing Permitted Encumbrances. Each Debtor will defend at its expense Lender’s 's right, title and security interest in and to the Collateral against the claims of any third party.

Appears in 1 contract

Samples: Loan Agreement (Onstream Media CORP)

Ownership and Liens. Debtor will maintain good and indefeasible title to the Collateral free and clear of all liens, security interests, encumbrances or adverse claims, except for Permitted Encumbrances. Debtor will cause any financing statement or other security instrument with respect to the Collateral to be terminated, except for Permitted Encumbrances. Debtor will defend at its expense LenderCollateral Agent’s right, title and security interest in and to the Collateral against the claims of any third party.

Appears in 1 contract

Samples: Security Agreement (Northstar Healthcare Inc)

Ownership and Liens. Debtor will maintain good and indefeasible marketable title to the Collateral free and clear of all liens, security interests, encumbrances or adverse claims, except for Permitted Encumbrances. Debtor will cause any Code financing statement or other security instrument with respect to the Collateral to be terminated, except for Code financing statements evidencing Permitted Encumbrances. Debtor will defend at its expense Lender’s right, title and security interest in and to the Collateral against the claims of any third party.

Appears in 1 contract

Samples: Loan and Security Agreement (Teletouch Communications Inc)

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