Rights in Pledged Collateral. The Securities exist and 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 liens granted to Lender pursuant to this Agreement and the assumption of the obligations of Original Borrower hereunder by Successor Borrower pursuant to the Defeasance Assumption Agreement.
Appears in 1 contract
Samples: Pledge and Security Agreement (Ionis Pharmaceuticals Inc)
Rights in Pledged Collateral. The Securities exist and Original Borrower Pledgor 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 liens granted to Lender pursuant to this Agreement and the assumption terms of the obligations of Original Borrower hereunder by Successor Borrower pursuant to the Defeasance Assignment and Assumption Agreement.
Appears in 1 contract
Samples: Defeasance Pledge and Security Agreement (Casa Munras Hotel Partners L P)
Rights in Pledged Collateral. The Securities exist and Original Borrower Pledgor 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 liens granted to Lender pursuant to terms of this Agreement and the assumption of the obligations of Original Borrower hereunder by Successor Borrower pursuant to the Defeasance Assignment, Assumption and Release Agreement.
Appears in 1 contract
Samples: Defeasance Pledge and Security Agreement (First Potomac Realty Trust)
Rights in Pledged Collateral. The Securities exist and Original Borrower Pledgor 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 liens granted to Lender pursuant to this Agreement terms of that certain Defeasance Assignment, Assumption and the assumption of the obligations of Original Borrower hereunder by Successor Borrower pursuant to the Defeasance Assumption Release Agreement.
Appears in 1 contract
Samples: Defeasance Pledge and Security Agreement (Winston Hotels Inc)
