Common use of Rights in Pledged Collateral Clause in Contracts

Rights in Pledged Collateral. The Securities exist and Pledgor is, as of the date hereof, and as to all Pledged Collateral acquired by it from time to time after the date hereof, will be, the owner of good and marketable title to all of the Pledged Collateral, subject to the terms of the Assignment and Assumption Agreement.

Appears in 1 contract

Samples: Defeasance Pledge and Security Agreement (Casa Munras Hotel Partners L P)

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Rights in Pledged Collateral. The Securities exist and Pledgor is, as of the date hereof, and as to all Pledged Collateral acquired by it from time to time after the date hereof, will be, the owner of good and marketable title to all of the Pledged Collateral, subject to the terms of the Assignment that certain Defeasance Assignment, Assumption and Assumption Release Agreement.

Appears in 1 contract

Samples: Defeasance Pledge and Security Agreement (Winston Hotels Inc)

Rights in Pledged Collateral. The Securities exist and Pledgor is, as of the date hereof, and as to all Pledged Collateral acquired by it from time to time after the date hereof, will be, the owner of good and marketable title to all of the Pledged Collateral, subject to the terms of this Agreement and the Assignment Defeasance Assignment, Assumption and Assumption Release Agreement.

Appears in 1 contract

Samples: Defeasance Pledge and Security Agreement (First Potomac Realty Trust)

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Rights in Pledged Collateral. The Securities exist and Pledgor Original Borrower is, as of the date hereof, and as to all Pledged Collateral acquired by it from time to time after the date hereof, Pledgor will be, the owner of good and marketable title to all of the Pledged Collateral, subject to only the terms liens granted to Lender pursuant to this Agreement and the assumption of the Assignment and obligations of Original Borrower hereunder by Successor Borrower pursuant to the Defeasance Assumption Agreement.

Appears in 1 contract

Samples: Defeasance Pledge and Security Agreement (Ionis Pharmaceuticals Inc)

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