Ownership of Collateral; Encumbrances. Pledgor is the sole record and beneficial owner of all of the Pledged Securities set forth on Schedule I free and clear of all Liens (other than the Liens of Secured Party) and subject to transfers of Pledgor’s Equity Interests as permitted under the Loan Agreement.
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Samples: Pledge Agreement (BitNile Holdings, Inc.), Pledge Agreement (BitNile Holdings, Inc.), Pledge Agreement (BitNile Holdings, Inc.)
Ownership of Collateral; Encumbrances. Such Pledgor is the sole record and beneficial owner of all of the Pledged Securities set forth on Schedule I free and clear of all Liens (other than the Liens of Secured Party) and subject to transfers of Pledgor’s Equity Interests as permitted under the Loan Agreement).
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