Representations by Assignor. The Assignor represents that, as of the Effective Date: (a) The Assignor is the legal and beneficial owner of the interest being assigned hereby free and clear of any liens and Encumbrances. (b) The principal balance due to the Assignor on account of the Revolving Credit Note held by the Assignor is $ .
Appears in 2 contracts
Samples: Loan and Security Agreement (Casual Male Retail Group Inc), Loan and Security Agreement (Casual Male Retail Group Inc)
Representations by Assignor. The Assignor represents that, that as of the Effective Date:
(a) The Assignor is the legal and beneficial owner of the interest being assigned hereby free and clear of any liens and Encumbrancesencumbrances.
(b) The principal balance due to the Assignor on account of the [Revolving Credit Note Note/Last Out Revolving Note] held by the Assignor is $ .
Appears in 2 contracts
Samples: Loan and Security Agreement (Casual Male Retail Group Inc), Loan and Security Agreement (Casual Male Retail Group Inc)
Representations by Assignor. The Assignor represents that, that as of the Effective Date:
(a) a. The Assignor is the legal and beneficial owner of the interest being assigned hereby free and clear of any liens and Encumbrancesencumbrances.
(b) b. The principal balance due to the Assignor on account of the Revolving Credit Note held by the Assignor is $ .
Appears in 1 contract