Common use of Ownership and Liens Clause in Contracts

Ownership and Liens. Pledgor will maintain good and marketable title to all Collateral free and clear of all Liens encumbrances or adverse claims, except for the security interest created by this Agreement and the security interests and other encumbrances expressly permitted by the Credit Agreement. Pledgor will cause to be terminated any financing statement or other registration with respect to the Collateral, except such as may exist or as may have been filed in favor of Pledgee. Pledgor will defend Pledgee's right, title and special property and security interest in and to the Collateral against the claims of any Person.

Appears in 3 contracts

Samples: Pledge Agreement (Encore Acquisition Co), Credit Agreement (Quicksilver Resources Inc), Credit Agreement (Exco Resources Inc)

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Ownership and Liens. Pledgor will maintain good and marketable title to all Collateral free and clear of all Liens Liens, encumbrances or adverse claims, except for (i) the security interest created by this Agreement Agreement, (ii) those provided in Section 3.1(d)(iv), and (iii) the security interests and other encumbrances expressly permitted by the Credit Agreement. Pledgor will cause to be terminated any financing statement or other registration with respect to the Collateral, except such as may exist or as may have been filed in favor of Pledgee. Pledgor will defend Pledgee's right, title and special property and security interest in and to the Collateral against the claims of any Person.

Appears in 3 contracts

Samples: Credit Agreement (Ellora Energy Inc), Credit Agreement (Ellora Energy Inc), Credit Agreement (Ellora Energy Inc)

Ownership and Liens. Pledgor will maintain good and marketable defensible title to all Collateral free and clear of all Liens liens, security interests, encumbrances or adverse claims, except for the security interest created by this Agreement and the security interests and other encumbrances expressly permitted herein or by the Credit Agreement. Pledgor will cause to be terminated any financing statement or other registration with respect to the Collateral, except such as may exist or as may have been filed in favor of Pledgee. Pledgor will defend Pledgee's right, title and special property and security interest in and to the Collateral against the claims of any PersonLoan Documents.

Appears in 2 contracts

Samples: Security Agreement (Origen Financial Inc), Security Agreement (Origen Financial Inc)

Ownership and Liens. Pledgor will maintain good and marketable title to all Collateral free and clear of all Liens Liens, encumbrances or adverse claims, except for (i) the security interest created by this Agreement and the security interests and other encumbrances expressly permitted by the Credit Agreement(ii) those provided in Section 3.1(d)(iv). Pledgor will cause to be terminated any financing statement or other registration with respect to the Collateral, except such as may exist or as may have been filed in favor of PledgeePledgee or the holder of a Permitted Lien. Pledgor will defend Pledgee's right, title and special property and ’s security interest in and to the Collateral against the claims of any Person.

Appears in 2 contracts

Samples: Pledge Agreement (Par Petroleum Corp/Co), Pledge Agreement (Par Petroleum Corp/Co)

Ownership and Liens. Pledgor will maintain good and marketable title to all Collateral free and clear of all Liens encumbrances or adverse claimsLiens, except for the first priority security interest created by this Agreement and the security interests and other encumbrances expressly permitted by the Credit Agreement. Pledgor will cause to be terminated any financing statement or other registration with respect to the Collateral, except such as may exist or as may have been filed in favor of (or otherwise assigned to) Pledgee. Pledgor will defend Pledgee's right, title and special property and security interest in and to the Collateral against the claims of any Person.

Appears in 2 contracts

Samples: Pledge Agreement (Quest Resource Corp), Credit Agreement (Quest Resource Corp)

Ownership and Liens. Pledgor will maintain good and marketable title to all Collateral free and clear of all Liens encumbrances or adverse claimsLiens, except for (i) the first priority security interest created by this Agreement Agreement, and the security interests and other encumbrances expressly permitted by the Credit Agreement(ii) Permitted Subordinate Liens. Pledgor will cause to be terminated any financing statement or other registration with respect to the Collateral, except such as may exist or as may have been filed in favor of Pledgee(or otherwise assigned to) Pledgee or with respect to Permitted Subordinate Liens. Pledgor will defend Pledgee's right, title and special property and security interest in and to the Collateral against the claims of any Person.

Appears in 2 contracts

Samples: Credit Agreement (Quest Resource Corp), Pledge Agreement (Quest Resource Corp)

Ownership and Liens. Pledgor will maintain good and marketable title to all Collateral free and clear of all Liens Liens, encumbrances or adverse claims, except for (i) the security interest created by this Agreement Agreement, (ii) those provided in Section 3.1(d)(iv), and (iii) the security interests and other encumbrances expressly permitted by the Credit Agreement. Pledgor will cause to be terminated any financing statement or other registration with respect to the Collateral, except such as may exist or as may have been filed in favor of Pledgee. Pledgor will defend Pledgee's right, title and special property and ’s security interest in and to the Collateral against the claims of any Person.

Appears in 2 contracts

Samples: Credit Agreement (Chaparral Energy, Inc.), Credit Agreement (Chaparral Energy, Inc.)

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Ownership and Liens. Pledgor will maintain good and marketable title to all Collateral free and clear of all Liens Liens, encumbrances or adverse claims, except for (i) the security interest created by this Agreement Agreement, and (ii) the security interests and other encumbrances expressly permitted by Liens created pursuant to the Credit AgreementBank One Pledge. Pledgor will cause to be terminated any financing statement or other registration with respect to the Collateral, except such as may exist or as may have been filed in favor of (or otherwise assigned to) Pledgee. Pledgor will defend Pledgee's right, title and special property and security interest in and to the Collateral against the claims of any Person.

Appears in 1 contract

Samples: Pledge Agreement (Quest Resource Corp)

Ownership and Liens. Pledgor will maintain good and marketable title ------------------- to all Collateral free and clear of all Liens encumbrances or adverse claims, except for the security interest created by this Agreement and the security interests and other encumbrances expressly permitted by the Credit Agreement. Pledgor will cause to be terminated any financing statement or other registration with respect to the Collateral, except such as may exist or as may have been filed in favor of Pledgee. Pledgor will defend Pledgee's right, title and special property and security interest in and to the Collateral against the claims of any Person.

Appears in 1 contract

Samples: Credit Agreement (Quicksilver Resources Inc)

Ownership and Liens. Pledgor will maintain good and marketable title to all Collateral free and clear of all Liens Liens, encumbrances or adverse claims, except for (i) the first priority security interest created by this Agreement Agreement, and (ii) the security interests and other encumbrances expressly permitted by the Credit Agreement. Pledgor will cause to be terminated any financing statement or other registration with respect to the Collateral, except such as may exist or as may have been filed in favor of Pledgee. Pledgor will defend Pledgee's ’s right, title and special property and security interest in and to the Collateral against the claims of any Person.

Appears in 1 contract

Samples: Credit Agreement (GeoMet, Inc.)

Ownership and Liens. Pledgor will maintain good and marketable title to all Collateral free and clear of all Liens Liens, encumbrances or adverse claims, except for (i) the first priority 148 security interest created by this Agreement Agreement, and (ii) the security interests and other encumbrances expressly permitted by the Credit Agreement. Pledgor will cause to be terminated any financing statement or other registration with respect to the Collateral, except such as may exist or as may have been filed in favor of Pledgee. Pledgor will defend Pledgee's right, title and special property and security interest in and to the Collateral against the claims of any Person.

Appears in 1 contract

Samples: Credit Agreement (Prize Energy Corp)

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