Common use of Ownership of the Buyer Clause in Contracts

Ownership of the Buyer. The Seller owns, directly or indirectly, 100% of the membership interests of the Buyer free and clear of any Lien (other than Permitted Liens and any other Liens approved in writing by the Administrative Agent in its sole discretion). Such membership interests are validly issued, and there are no options, warrants or other rights to acquire membership interests of the Buyer.

Ownership of the Buyer. The Seller owns, directly or indirectly, 100% of the membership interests of the Buyer Buyer, free and clear of any Lien (other than Permitted Liens and any other Liens approved in writing by the Administrative Agent in its sole discretion)Lien. Such membership interests are validly issued, fully paid and non-assessable, and there are no options, warrants or other rights to acquire membership interests of the Buyer.

Ownership of the Buyer. The Seller owns, directly or indirectly, 100% of the membership interests of the Buyer Buyer, free and clear of any Lien (other than Permitted Liens and any other Liens approved in writing by the Administrative Agent in its sole discretion)Lien. Such membership interests are validly issued, fully paid and non–assessable, and there are no options, warrants or other rights to acquire membership interests of the Buyer.

Ownership of the Buyer. The Seller owns, directly or indirectly, 100% of the membership interests of the Buyer Buyer, free and clear of any Lien (Lien, other than Permitted Liens and any other Liens approved in writing by a pledge of the Administrative Agent in its sole discretion). Such membership interests are validly issued, and there are no options, warrants or other rights to acquire membership interests of the BuyerBuyer to secure other financing sources of the Seller.