Common use of Ownership, No Liens, etc Clause in Contracts

Ownership, No Liens, etc. Such Grantor owns its Collateral free and clear of any Lien, except for the security interest created by this Agreement and Permitted Liens. No effective financing statement or other instrument similar in effect covering all or any part of the Collateral is on file in any recording office, except such as may have been filed in favor of the Administrative Agent relating to this Agreement or as have been filed in connection with Permitted Liens.

Appears in 4 contracts

Samples: Security Agreement (Sterling Chemicals Inc), Security Agreement (Sterling Chemical Inc), Security Agreement (Sterling Chemical Inc)

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Ownership, No Liens, etc. Such The Grantor owns its the Collateral free and clear of any Lien, security interest, charge or encumbrance except for the security interest created by this Agreement and Permitted LiensAssignment Agreement. No effective financing statement or other instrument similar in effect covering all or any part of the Collateral is on file in any recording office, except such as may have been filed in favor of the Administrative Agent relating to this Agreement or as have been filed in connection with Permitted LiensAssignment Agreement.

Appears in 2 contracts

Samples: Assignment and Security Agreement (Calpine Corp), Credit Agreement (Calpine Corp)

Ownership, No Liens, etc. Such Grantor owns its Collateral free and clear of any Lien, except for the security interest created by this Agreement Agreement, the Lien in favor of the Current Assets Secured Parties and Permitted Liens. No effective financing statement or other instrument similar in effect covering all or any part of the Collateral is on file in any recording office, except such as may have been filed in favor of the Administrative Agent relating to this Agreement or as have been filed in connection with Permitted Liens.

Appears in 1 contract

Samples: Security Agreement (Sterling Chemical Inc)

Ownership, No Liens, etc. Such Grantor owns its Collateral free and clear of any Lien, except for the security interest interests created by this Agreement and Permitted Liens. No effective financing statement or other instrument similar in effect covering all or any part of the Collateral is on file in any recording office, except such as may have been filed in favor of the Administrative Agent Chase relating to this Agreement or as have been filed in connection with Permitted Liens.

Appears in 1 contract

Samples: Security Agreement (Sterling Chemicals Inc)

Ownership, No Liens, etc. Such Grantor owns its Collateral free and clear of any Lien, except for the security interest created by this Agreement and Permitted Liens. No effective financing statement or other instrument similar in effect covering all or any part of the Collateral is on file in any recording office, except such as may have been filed in favor of the Administrative Collateral Agent relating to this Agreement or as have been filed in connection with Permitted Liens.

Appears in 1 contract

Samples: Security Agreement (Sterling Chemicals Inc)

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Ownership, No Liens, etc. Such The Grantor owns its the Collateral free and clear of any Lien, security interest, charge or encumbrance except for the security interest created by this Agreement and Permitted LiensAssignment Agreement. No effective financing statement or other instrument similar in effect covering all or any part of the Collateral is on file in any recording office, except such as may have been filed in favor of the Administrative Agent relating to this Agreement or as have been filed in connection with Permitted LiensAssignment Agreement.

Appears in 1 contract

Samples: Assignment and Security Agreement (Nextel Partners Inc)

Ownership, No Liens, etc. Such Grantor owns its Collateral free and clear of any Lien, except for the security interest created by this Agreement Agreement, the Lien in favor of the Fixed Assets Secured Parties and Permitted Liens. No effective financing statement or other instrument similar in effect covering all or any part of the Collateral is on file in any recording office, except such as may have been filed in favor of the Administrative Agent relating to this Agreement or as have been filed in connection with Permitted Liens.

Appears in 1 contract

Samples: Security Agreement (Sterling Chemical Inc)

Ownership, No Liens, etc. Such Grantor owns its Collateral free and clear of any Lien, except for the security interest Liens (i) created by this Agreement and Permitted LiensSecurity Agreement, or (ii) permitted by Section 7.2.3 of the Credit Agreement. No effective financing statement or other instrument filing similar in effect covering all or any part of the Collateral is on file in any recording office, except such as may have been those filed in favor of the Administrative Collateral Agent relating to this Security Agreement or as have been those filed in connection with Permitted LiensLiens permitted pursuant to Section 7.2.3 of the Credit Agreement.

Appears in 1 contract

Samples: And Combined Credit Agreement (Merrill Corp)

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