Common use of Personal Property Searches Clause in Contracts

Personal Property Searches. Searches of the appropriate public offices demonstrating that no Lien is of record affecting any of the Loan Parties’ properties except Permitted Liens.

Appears in 2 contracts

Samples: Credit Agreement (Orion Energy Systems, Inc.), Credit Agreement (Orion Energy Systems, Inc.)

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Personal Property Searches. Searches of the appropriate public offices demonstrating that no Lien is of record affecting any of the Loan Parties’ Company or its properties except Permitted Liens.

Appears in 1 contract

Samples: Credit Agreement (Magnetek, Inc.)

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Personal Property Searches. Searches of the appropriate public offices demonstrating that no Lien is of record affecting either Borrower or any of the Loan Parties’ Guarantor or their respective properties except Permitted Liensthose which are acceptable to Lender.

Appears in 1 contract

Samples: Master Loan Agreement (Air T Inc)

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