Common use of Ownership of Pledged Collateral Clause in Contracts

Ownership of Pledged Collateral. With respect to the Pledged Shares the Pledgors are, and with respect to any Additional Collateral the Pledgors will be, the legal record and beneficial owners thereof, and have and will have good and marketable title thereto, subject to no Lien except for the pledge, charge and security interest created by this Agreement.

Appears in 1 contract

Samples: Credit Agreement (Read Rite Corp /De/)

AutoNDA by SimpleDocs

Ownership of Pledged Collateral. With respect to the Pledged Shares the Pledgors areEquity Interests of any Pledgor such Pledgor is, and with respect to any Additional Collateral the Pledgors such Pledgor will be, the legal record and beneficial owners owner thereof, and have has and will have good and marketable title thereto, subject to no Lien except for the pledge, charge pledge and security interest created by this Agreement.

Appears in 1 contract

Samples: Pledge Agreement (Pacer International Inc)

Ownership of Pledged Collateral. With respect to the Pledged Shares Debt and the Pledgors arePledged Equity Interests of any Pledgor such Pledgor is, and with respect to any Additional Pledged Collateral the Pledgors such Pledgor will be, the legal record and beneficial owners owner thereof, and have has and will have good and marketable title thereto, subject to no Lien except for the pledge, charge pledge and security interest created by this Pledge Agreement.

Appears in 1 contract

Samples: Credit Agreement (Catellus Development Corp)

AutoNDA by SimpleDocs

Ownership of Pledged Collateral. With respect to the Pledged Shares the Pledgors areEquity Interests of any Pledgor such Pledgor is, and with respect to any Additional Collateral the Pledgors such Pledgor will be, the legal record and beneficial owners owner thereof, and have has and will have good and marketable title thereto, subject to no Lien except for the pledge, charge pledge and security interest created by this AgreementAgreement or Permitted Encumbrances.

Appears in 1 contract

Samples: Revolving Credit and Term Loan Agreement (Four Corners Property Trust, Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!