Common use of Rights in Collateral Clause in Contracts

Rights in Collateral. Debtor has rights in, and the power to transfer, the Collateral. Debtor's right, title and interest in and to the Collateral is free of all adverse claims, liens, security interests and restrictions on transfer or pledge, other than the security interests and restrictions created under, or set forth in, this Agreement, the Purchase Agreement and its schedules and the other Transaction Documents referred to in the Purchase Agreement.

Appears in 2 contracts

Samples: Security Agreement (Briazz Inc), Security Agreement (Briazz Inc)

AutoNDA by SimpleDocs

Rights in Collateral. Debtor has rights in, and the power to transfer, the Collateral. Debtor's ’s right, title and interest in and to the Collateral is free of all adverse claims, liens, security interests and restrictions on transfer or pledge, other than the security interests and restrictions created under, or set forth in, this Agreement, the Purchase Agreement and its schedules and the other Transaction Documents referred to in the Purchase Agreement.

Appears in 1 contract

Samples: Security Agreement (Aptimus Inc)

AutoNDA by SimpleDocs

Rights in Collateral. Debtor has rights in, and the power to transfer, the Collateral. Debtor's ’s right, title and interest in and to the Collateral is free of all adverse claims, liens, security interests and restrictions on transfer or pledge, other than the security interests and restrictions created under, or set forth in, this Agreement, the Purchase Agreement and its schedules and schedules, the other Transaction Documents referred to in the Purchase AgreementAgreement and the Series G Agreements.

Appears in 1 contract

Samples: Security Agreement (Briazz Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!