Common use of Ownership, Liens, Possession and Transfers Clause in Contracts

Ownership, Liens, Possession and Transfers. Debtor will maintain good and marketable title to all Collateral (except Collateral which is sold in accordance with Section 7.5 of the Credit Agreement), free and clear of all Liens, encumbrances or adverse claims except for the security interest created by this Agreement and any Permitted Liens, and Debtor will not grant or allow any such Liens, encumbrances or adverse claims to exist. Debtor will not grant or allow to remain in effect, and Debtor will cause to be terminated, any financing statement or other registration or instrument similar in effect covering all or any part of the Collateral, except any which have been filed in favor of Secured Party relating to this Agreement and any which have been filed to perfect or protect any Permitted Lien. Debtor will defend Secured Party's right, title and special property and security interest in and to the Collateral against the claims of any Person. Except as expressly allowed in Section 3.3 below for Inventory and Equipment, Debtor (i) will insure that all of the Collateral -- whether goods, Documents, Instruments, or otherwise -- is and remains in the possession of Debtor or Secured Party (or a bailee selected by Secured Party who is holding such Collateral for the benefit of Secured Party), except for goods being transported in the ordinary course of business, and (ii) will not sell, assign (by operation of law or otherwise), transfer, exchange, lease or otherwise dispose of any of the Collateral.

Ownership, Liens, Possession and Transfers. Debtor will maintain good and marketable title to all Collateral (except Collateral which is sold in accordance with Section 7.5 of the Credit Agreement), free and clear of all Liens, encumbrances or adverse claims except Except for the security interest created by this Agreement and any Permitted Liens, Debtor will maintain good and defensible title to all Collateral, free and clear of all Liens, encumbrances or adverse claims and Debtor will not grant or allow any such Liens, encumbrances or adverse claims to exist. Debtor will not grant or allow to remain in effect, and Debtor will cause to be terminated, any financing statement or other registration or instrument similar in effect covering all or any part of the Collateral, except any which have been filed in favor of Secured Party relating to this Agreement and any which have been filed to perfect or protect any Permitted LienAgreement. Debtor will defend Secured Party's ’s right, title and special property and security interest in and to the Collateral against the claims of any Person. Except as expressly allowed in Section 3.3 below for Inventory and Equipment, Debtor (i) will insure that all of the Collateral -- — whether goods, Documents, Instruments, or otherwise -- — is and remains in the possession of Debtor or Secured Party (or a bailee selected by Secured Party who is holding such Collateral for the benefit of Secured Party), except for goods being transported in the ordinary course of business, and (ii) will not sell, assign (by operation of law or otherwise), transfer, exchange, lease or otherwise dispose of any of the CollateralCollateral except as expressly permitted in Section 9.5 of the Credit Agreement.

Ownership, Liens, Possession and Transfers. Each Debtor will ------------------------------------------ maintain good and marketable title to all Collateral (except Collateral which is sold in accordance with Section 7.5 of the Credit Agreement)owned by such Debtor, free and clear of all Liens, encumbrances or adverse claims except for the security interest created by this Agreement and any Permitted LiensAgreement, and no Debtor will not grant or allow any such Liens, encumbrances or adverse claims to exist. No Debtor will not grant or allow to remain in effect, and Debtor Debtors will cause to be terminated, any financing statement or other registration or instrument similar in effect covering all or any part of the Collateral, except any which have been filed in favor of Secured Party relating to this Agreement and any which have been filed to perfect or protect any Permitted LienAgreement. Debtor Debtors will defend Secured Party's right, title and special property and security interest in and to the Collateral against the claims of any Person. Except as expressly allowed in Section 3.3 below for Inventory and Equipment, Each Debtor (i) will insure that all of the Collateral owned by such Debtor -- whether goods, Documents, Instruments, or otherwise -- is and remains in the possession of such Debtor or Secured Party (or a bailee selected by Secured Party who is holding such Collateral for the benefit of Secured Party), except for goods being transported in the ordinary course of business, and (ii) will not sell, assign (by operation of law or otherwise), transfer, exchange, lease or otherwise dispose of any of the Collateral, except in the ordinary course of its business.

Ownership, Liens, Possession and Transfers. Debtor will maintain good and marketable title to all Collateral (except Collateral which is sold in accordance with Section 7.5 of the Credit Agreement)Collateral, free and clear of all Liens, encumbrances or adverse claims except for Permitted Liens, the security interest created by this Agreement and any Permitted Liensthe security interest created under the Coors Deed of Trust, and Debtor will not grant or allow any such Liens, encumbrances or adverse claims to exist. Debtor will not grant or allow to remain in effect, and Debtor will cause to be terminated, any financing statement or other registration or instrument similar in effect covering all or any part of the Collateral, except any which have been filed in favor of Secured Party relating to this Agreement and any which have been filed to perfect or protect any Permitted LienLien and any which has been filed in favor of Coors Energy Company in connection with the security interest granted under the Coors Deed of Trust. Debtor will defend Secured Party's right, title and special property and security interest in and to the Collateral against the claims of any Person, except that such defense against the claims of Coors Energy Company shall be subject to the terms of the Intercreditor Agreement. Except as expressly allowed in Section 3.3 below for Inventory and Equipment, Debtor (i) will insure that all of the Collateral -- whether goods, Documents, Instruments, or otherwise -- is and remains in the possession of Debtor or Secured Party (or a bailee selected by Secured Party who is holding such Collateral for the benefit of Secured Party), except for goods being transported in the ordinary course of business, and (ii) will not sell, assign (by operation of law or otherwise), transfer, exchange, lease or otherwise dispose of any of the Collateral.

Ownership, Liens, Possession and Transfers. Each Debtor will maintain good and marketable title to all Collateral (except Collateral which is sold in accordance with Section 7.5 of the Credit Agreement)Collateral, free and clear of all Liens, encumbrances or adverse claims except for the security interest created by this Agreement and any Permitted LiensLiens permitted under the Purchase Agreement, and no Debtor will not grant or allow any such Liens, encumbrances or adverse claims to exist. No Debtor will not grant or allow to remain in effect, and each Debtor will cause to be terminated, any financing statement or other registration or instrument similar in effect covering all or any part of the Collateral, except any which have been filed in favor of (or assigned to) Secured Party relating to this Agreement and any which have been filed to perfect or protect any Permitted LienParty. Each Debtor will defend Secured Party's right, title and special property and security interest in and to the Collateral against the claims of any Person. Except as expressly allowed in Section 3.3 below for Inventory and Equipment, Each Debtor (i) will insure that all of the Collateral -- whether goods, Documents, Instruments, or otherwise -- is and remains in the possession of such Debtor or Secured Party (or a bailee selected by Secured Party who is holding such Collateral for the benefit of Secured Party), except for goods being transported in the ordinary course of business, and (ii) will not sell, assign (by operation of law Law or otherwise), transfer, exchange, lease or otherwise dispose of any of the CollateralCollateral except in the ordinary course of business.

Ownership, Liens, Possession and Transfers. Debtor will maintain good and marketable title to all Collateral (except Collateral which is sold in accordance with Section 7.5 of the Credit Agreement)Collateral, free and clear of all Liens, encumbrances or adverse claims except for the security interest created by this Agreement and any Permitted Liens, and Debtor will not grant or allow any such Liens, encumbrances or adverse claims to exist. Debtor will not grant or allow to remain in effect, and Debtor will cause to be terminated, any financing statement or other registration or instrument similar in effect covering all or any part of the Collateral, except any which have been filed in favor of Secured Party relating to this Agreement and any which have been filed to perfect or protect any Permitted Lien. Debtor will defend Secured Party's right, title and special property and security interest in and to the Collateral against the claims of any Person. Except as expressly allowed in Section 3.3 below for Inventory and Equipment, Debtor (i) will insure that all of the Collateral -- Collateral—whether goods, Documents, Instruments, or otherwise -- otherwise—is and remains in the possession of Debtor or Secured Party (or a bailee selected by Secured Party who is holding such Collateral for the benefit of Secured Party), except for goods being transported in the ordinary course of business, and (ii) will not sell, assign (by operation of law or otherwise), transfer, exchange, lease or otherwise dispose of any of the Collateral.