Ownership of Pledged Property. The Company 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 5 contracts
Samples: Security Agreement (GS Cleantech Corp), Security Agreement (Locateplus Holdings Corp), Security Agreement (U.S. Helicopter CORP)
Ownership of Pledged Property. The Company warrants and 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 interests identified on EXHIBIT A hereto and the security interest created by this Agreement and other Permitted Liens. For purposes of this Agreement, ".
Appears in 2 contracts
Samples: Security Agreement (Advanced Viral Research Corp), Security Agreement (Advanced Viral Research Corp)