Common use of Ownership of Collateral; Absence of Liens and Restrictions Clause in Contracts

Ownership of Collateral; Absence of Liens and Restrictions. The Debtor is, and in the case of property acquired after the date hereof, will be, the sole legal and equitable owner of the Collateral purported to be owned by it, holding good and marketable title to the same free and clear of all Encumbrances except for the Security Interest and Encumbrances specifically permitted under the terms of the Credit Agreement, and has good right and legal authority to pledge, sell, assign, deliver, and create the Security Interest in such Collateral in the manner herein contemplated. The Collateral is genuine and is what it is purported to be. The Collateral is not subject to any restriction that would prohibit or restrict the assignment, delivery or creation of the Security Interests.

Ownership of Collateral; Absence of Liens and Restrictions. The Debtor Borrower is, and in the case of property acquired after the date hereof, will be, the sole legal and equitable owner of the Collateral purported to be owned by itCollateral, holding good and marketable title to the same free and clear clean of all Encumbrances except for the Security Interest Interests and Encumbrances specifically permitted under the terms of the Credit AgreementPermitted Encumbrances, and has good right and legal authority to pledge, sell, assign, deliver, and create the Security Interest a security interest in such Collateral in the manner herein contemplated. The Collateral is genuine and is what it is purported to be. The Collateral is not subject to any material restriction that would prohibit or restrict the assignment, delivery or creation of the Security Interestssecurity interests contemplated hereunder.

Ownership of Collateral; Absence of Liens and Restrictions. The Debtor Each Obligor is, and in the case of property acquired after the date hereof, will be, the sole legal and equitable owner of the Collateral purported to be owned by itof such Obligor, holding good and marketable title to the same free and clear of all Encumbrances except for the Security Interest Interests and Permitted Encumbrances specifically permitted under the terms of (as defined in the Credit Agreement), and has good right and legal authority to pledge, sell, assign, deliver, and create the Security Interest a security interest in such Collateral in the manner herein contemplated. The Collateral is genuine and is what it is purported to be. The Collateral is not subject to any restriction that would prohibit or restrict the assignment, delivery or creation of the Security Interestssecurity interests contemplated hereunder. Each Obligor has exclusive possession and control of the Collateral.

Ownership of Collateral; Absence of Liens and Restrictions. The Debtor Borrower is, and in the case of property acquired after the date hereof, will be, the sole legal and equitable owner of the Collateral purported to be owned by itof the Borrower, holding good and marketable title to the same free and clear of all Encumbrances except for the Security Interest Interests and Permitted Encumbrances specifically permitted under (as defined in the terms of the Credit Loan Agreement), and has good right and legal authority to pledge, sell, assign, deliver, and create the Security Interest a security interest in such Collateral in the manner herein contemplated. The Collateral is genuine and is what it is purported to be. The Collateral is not subject to any restriction that would prohibit or restrict the assignment, delivery or creation of the Security Interestssecurity interests contemplated hereunder. The Borrower has exclusive possession and control of the Collateral.

Ownership of Collateral; Absence of Liens and Restrictions. The Debtor is, and in the case of property acquired after the date hereof, will be, the sole legal and equitable owner of the Collateral purported to be owned by itCollateral, holding good and marketable title to the same free and clear of all Encumbrances except for the Security Interest and Encumbrances specifically security interests granted hereunder or permitted under the terms pursuant to Section 7.4 of the Credit Loan Agreement, and has good right and legal authority to pledge, sell, assign, deliver, and create a security interest in the Security Interest in such Collateral in the manner herein contemplated. The Collateral is genuine and is what it is purported to be. The Collateral is not subject to any restriction that would prohibit or restrict the assignment, delivery or creation of the Security Interestssecurity interests contemplated hereunder.