Common use of Ownership of Pledged Property Clause in Contracts

Ownership of Pledged Property. Each Grantor represents and warrants that it is the legal and beneficial owner of the Pledged Property free and clear of any lien, security interest, option or other charge or encumbrance (each, a “Lien”) except for the security interest created by this Agreement and other Permitted Liens. For purposes of this Agreement, “

Appears in 9 contracts

Samples: Securities Purchase Agreement (Infinity Resources Holdings Corp.), Security Agreement (Wherify Wireless Inc), Security Agreement (TXP Corp)

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Ownership of Pledged Property. Each Grantor represents and warrants that it she is the legal and beneficial owner of the Pledged Property free and clear of any lien, security interest, option or other charge or encumbrance (each, a “Lien”) except for the security interest created by this Agreement and other Permitted Liens. For purposes of this Agreement, “

Appears in 2 contracts

Samples: Indemnification Agreement (SRKP 22 Inc), Security Agreement (SRKP 22 Inc)

Ownership of Pledged Property. Each The Grantor represents and warrants that it is the legal and beneficial owner of the Pledged Property free and clear of any lien, security interest, option or other charge or encumbrance (each, a “Lien”) except for the security interest created by this Agreement and other Permitted Liens. For purposes of this Agreement, “

Appears in 1 contract

Samples: Security Agreement (BBM Holdings, Inc.)

Ownership of Pledged Property. Each The Grantor represents and warrants that it is the legal and beneficial owner of the Pledged Property free and clear of any lien, security interest, option or other charge or encumbrance (each, a “Lien”) except for the security interest created by this Agreement and other Permitted Liens. For purposes of this Agreement, “

Appears in 1 contract

Samples: Security Agreement (CombiMatrix Corp)

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Ownership of Pledged Property. Each Grantor represents and warrants that it is the legal and beneficial owner of the Pledged Property free and clear of any lien, security interest, option or other charge or encumbrance (each, a “Lien”) except for the security interest created by this Agreement and other Permitted Liens. For purposes of this Agreement, “.

Appears in 1 contract

Samples: Security Agreement (Homeland Security Capital CORP)

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