Ownership and Security. Each of the Security Parties is the legal and beneficial owner of all assets and other property which it purports to charge, mortgage, pledge, assign or otherwise secure pursuant to each Security Document and those Security Documents to which it is a party create and give rise to valid and effective Security having the ranking expressed in those Security Documents.
Ownership and Security. The Licensed IP shall be treated as property of Filament, and shall be used, securely stored and accounted for in accordance with Good Clinical Practice. Any unused Materials of End-Product shall be destroyed or returned to Filament.
Ownership and Security. 4.18.1 Each of the Security Parties (other than the Guarantor) is a wholly-owned Subsidiary of the Guarantor.
4.18.2 Each of the Security Parties is the legal and beneficial owner of all assets and other property which it purports to charge, mortgage, pledge, assign or otherwise secure pursuant to each Security Document and those Security Documents to which it is a party create and give rise to valid and effective Security having the ranking expressed in those Security Documents.
Ownership and Security. All except as set forth in (4) below, all records related to the Wastewater System shall be the sole property of Borough. All such records and software programs used to store, analyze or report records shall be contained in Borough-owned computer systems and storage media. The entire contents of Borough- owned storage media including any personal or Company files or programs are the property of the Borough. All access and security codes (and procedures for changing them) used for computer systems, storage facilities, and media owned by the Borough shall be the sole property of the Borough. The Company shall keep the Borough informed of all security and access codes used to access records and all other files or programs stored in Borough-owned storage media within one working day of the establishment or change of any access or security code. The Company shall supply the Borough with keys or combinations to access all records storage facilities. No records may be removed, destroyed or thrown away without prior written permission by the Borough. If the Company originates records at a location other than at the Facilities, it shall provide a copy of those records to the Facility Manager located at the Facilities for storage there.
Ownership and Security. 4.19.1 (i) The Corporate Guarantor owns (directly or indirectly) a majority of the shares in the Owners;
Ownership and Security. The Materials shall be treated as property of Filament, and shall be used, securely stored and accounted for in accordance with Good Clinical Practice. Any unused Material shall be destroyed or returned to Filament.
Ownership and Security. 4.19.1 The English Owner is a wholly owned subsidiary of the Borrower; and
4.19.2 Each of the Security Parties is the legal and beneficial owner of all assets and other property which it purports to charge, mortgage, pledge, assign or otherwise secure pursuant to each Security Document and those Security Documents to which it is a party create and give rise to valid and effective Security having the ranking expressed in those Security Documents.
Ownership and Security. 8.1 Blender will retain ownership of the Parts until all amounts owed by you to Blender have been received in full by Blender.
8.2 You grant Blender a security interest in the Parts and their proceeds and accessions to secure payment of all amounts due by, and obligations owed by, the Customer to Blender. Nothing in sections 114(1) (a), 133 and 134 of the Personal Property Securities Act 1999 shall apply to this Agreement. The Customer waives its rights pursuant to sections 121, 125, 129, 131 and 132 of that Act and its rights to receive any verification statement relating to the security interests in the Parts.
8.3 The risk of loss of, or damage to, the Parts passes to the Customer when Delivered, and the Customer shall bear all costs following Delivery, even if Blender may retain title and ownership of the Parts.
Ownership and Security. 20.1 For the purposes of this clause, “PPSA” means the Personal Property Securities Act 2009 (Cth) and all regulations made under that Act. All references to sections are to sections of the PPSA.
Ownership and Security. Throughout the Lease Period, the Lessee shall:
(a) not at any time represent or hold out any Lessor Party or any Finance Party as carrying goods or passengers on the Aircraft, or as having any operational interest in the Aircraft;
(b) not at any time represent itself as being the agent of any Lessor Party or any Finance Party for any purpose, unless expressly permitted to do so by the Lessor under this Agreement;
(c) not:
(i) dispose (whether by way of sale, lease, assignment, the grant of any Security or otherwise) of the Aircraft Assets (other than as permitted by the Relevant Documents); or
(ii) permit any Security to exist over the Aircraft Assets (other than Permitted Liens); or attempt to hold itself out as having any power to or permit any person to do any of the above;
(d) promptly pay and discharge when due, or make adequate provision (by way of security or otherwise) for, all debts, claims, liabilities or obligations whatsoever (whether incurred by or imposed upon the Lessee or any other person) which may give rise to any Security (other than Permitted Liens);
(e) not do, omit to do, or permit to be done anything which might jeopardize the rights, title or interest of any Lessor Party or any Finance Party in the Aircraft;
(f) not pledge the credit of the Lessor for any maintenance, service, repairs, overhauls of, modifications to, or changes or alterations in, the Aircraft or otherwise; and
(g) affix and not remove or cover up (or permit to be removed or covered up):
(i) in a prominent position on the flight deck door or on the sill of the left hand forward entry door of the Airframe and on each Engine, a fireproof plate of not less than 10cm x 7cm having the following text: This [Aircraft/Engine] is owned by [•] (as Owner) and leased to and operated by [•] and mortgaged in favor of [•] (as Security Trustee) and may not be subleased to or operated by any third party without the prior written consent of Lessor and Security Trustee” or such other similar text as may be advised by the Lessor to the Lessee in writing prior to Delivery; and
(ii) promptly after being notified by the Lessor of any required change in the text set out in paragraph (i) above, replacement fireproof plates of the same dimensions and in the same places as the plates referred to in paragraph (i) above having the text from time to time notified by the Lessor to the Lessee.
