Common use of Power to Create Lien and Security Clause in Contracts

Power to Create Lien and Security. Trustor has full power and lawful authority to grant, bargain, sell, assign, transfer, mortgage and convey a Lien and security interest in all of the Trust Property in the manner and form herein provided and without obtaining the authorization, approval, consent or waiver of any grantor, lessor, sublessor, Governmental Authority or other Person whomsoever.

Appears in 7 contracts

Samples: Deed of Trust (Lakes Entertainment Inc), Deed of Trust (Lakes Entertainment Inc), Deed of Trust (Lakes Entertainment Inc)

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Power to Create Lien and Security. The Trustor has full power and lawful authority to grant, bargain, sell, assign, transfer, mortgage and convey a Lien and security interest in all of the Trust Property Collateral in the manner and form herein provided and without obtaining the provided. No authorization, approval, consent or waiver of any grantor, lessor, sublessor, Governmental Authority or other Person whomsoeverparty or parties whomsoever is required in connection with the execution and delivery by the Trustor of this Deed of Trust.

Appears in 6 contracts

Samples: Credit Agreement, Credit Agreement (California Resources Corp), Credit Agreement (California Resources Corp)

Power to Create Lien and Security. Trustor has full power and lawful authority to grant, bargain, sell, assign, transfer, mortgage and convey a Lien and security interest in all of the Trust Property in the manner and form herein provided and without obtaining the authorization, approval, consent or waiver of any grantor, lessor, sublessor, Governmental Authority governmental authority or other Person whomsoever.

Appears in 2 contracts

Samples: Deed of Trust (Gsi Group Inc), Deed of Trust (Gsi Group Inc)

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Power to Create Lien and Security. Trustor has full power and lawful authority to grant, bargain, sell, assign, transfer, mortgage mortgage, and convey a Lien and security interest in all of the Deed of Trust Property and the Collateral in the manner and form herein provided and without obtaining the any material authorization, approval, consent or waiver of any grantor, lessor, sublessor, Governmental Authority or other Person whomsoeverparty or parties whomsoever that has not been obtained or made.

Appears in 1 contract

Samples: Credit Agreement

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