Common use of Ownership; No Liens Clause in Contracts

Ownership; No Liens. Except as identified on Schedule 2.3, Grantor is the sole and exclusive owner of or has the irrevocable, exclusive and transferable right to possess and use the Collateral, and Grantor has full authority to pledge, assign and grant a security interest in the Collateral. The Collateral is free and clear of any Lien except (a) the security interest, collateral assignment and pledge created by this Security Agreement and (b) as otherwise permitted by the Credit 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 (1) financing statements and intellectual property security agreements filed in favor of Administrative Agent relating to this Security Agreement and (2) such other financing statements and instruments as identified on Schedule 2.3 and (3) as otherwise permitted by the Credit Agreement.

Ownership; No Liens. Except as identified on Schedule 2.3, Grantor is Grantors are the sole and exclusive owner owners of or has have the irrevocable, exclusive and transferable right to possess and use the Collateral, and Grantor has Grantors have full authority to pledge, assign and grant a security interest in the Collateral. The Collateral is free and clear of any Lien except (a) the security interest, collateral assignment and pledge created by this Security Agreement and (b) as otherwise permitted by the Credit 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 (1) financing statements and intellectual property security agreements filed in favor of Administrative Agent relating to this Security Agreement and (2) such other financing statements and instruments as identified on Schedule 2.3 and (3) as otherwise permitted by the Credit Agreement2.3.

Ownership; No Liens. Except as identified on Schedule 2.3, Grantor is the sole and exclusive owner of or has the irrevocable, exclusive and transferable right to possess and use the Collateral, and Grantor has full authority to pledge, assign and grant a security interest in the Collateral. The Collateral is free and clear of any Lien except (a) the security interest, collateral assignment and pledge created by this Security Agreement and (b) as otherwise permitted by the Credit Agreement. No effective Borrower has not authorized the filing of any financing statement or other instrument similar in effect covering all or any part of the Collateral is on file in any recording officeCollateral, except (1) financing statements and intellectual property security agreements filed in favor of Administrative Agent relating to this Security Agreement and (2) such other financing statements and instruments as identified on Schedule 2.3 and (3) as otherwise permitted by the Credit Agreement.