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

Ownership, No Liens, etc. The Grantor owns its Collateral free and clear of any Lien, security interest, charge or encumbrance except for the security interest created by this Security Agreement and except as permitted by the Credit

Appears in 7 contracts

Samples: Subsidiary Security Agreement (Foamex Fibers Inc), Subsidiary Security Agreement (Foamex Fibers Inc), Subsidiary Security Agreement (Foamex Fibers Inc)

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Ownership, No Liens, etc. The Grantor owns its the Collateral free ------------------------ and clear of any Lienlien, security interest, charge or encumbrance except for the security interest created by this Security Agreement and except as permitted by the CreditAgreement.

Appears in 3 contracts

Samples: Participation Agreement (Electric Lightwave Inc), Participation Agreement (Electric Lightwave Inc), Participation Agreement (Electric Lightwave Inc)

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