Common use of Representations and Warranties Concerning Collateral, Etc Clause in Contracts

Representations and Warranties Concerning Collateral, Etc. The Company further represents and warrants to the Secured Party that the Company is the owner of the Collateral, free from any adverse lien, security interest or other encumbrance, except for liens incurred in the ordinary course of business which arise by operation of law and which liens secure amounts not yet due, and liens in favor of existing lenders of the Company.

Representations and Warranties Concerning Collateral, Etc. The Company further represents and warrants to the Secured Party Lender that the Company is the owner of the Collateral, free from any right or claim of any person or any adverse lien, security interest or other encumbrance, except for liens incurred in the ordinary course of business which arise security interest created by operation of law and which liens secure amounts not yet due, and liens in favor of existing lenders of the Companythis Agreement.

Representations and Warranties Concerning Collateral, Etc. The Company further represents and warrants to the Secured Party Collateral Agent that the Company is the owner of the Collateral, free from any adverse lien, security interest or other encumbrance, except for liens incurred in the ordinary course of business which arise by operation of law and which liens secure amounts not yet due, and liens in favor of existing lenders of the Company.