Security Interests; Liens Sample Clauses

Security Interests; Liens. The Pledge and Security Agreement provides the Collateral Agent, for the benefit of the Lenders and the Collateral Agent, with effective, valid, legally binding and enforceable first priority Liens on all of the Collateral. The Collateral Agent’s security interests described above will be, as of the Closing Date (and, with respect to all subsequently acquired Collateral will be when so acquired) superior and prior to the rights of all third Persons now existing or hereafter arising whether by way of Lien, assignment or otherwise. Other than the Liens created pursuant to the Security Documents and the Permitted Excluded Shares Liens, no Lien exists on any property of the Borrower. Other than the Liens created pursuant to the Senior Finance Documents, no Lien exists on the shares of common stock of the Borrower.
Sample 1Sample 2See All (4)
AutoNDA by SimpleDocs
Security Interests; Liens. (a) Pursuant to the Series Securitization Documents, the Agent has a legal, valid, enforceable and perfected first priority Lien in the Collateral subject only to Permitted Liens.
Sample 1Sample 2
Security Interests; Liens. If You make all payments as required under this Agreement, no security interest will be placed against Your property by Home Depot. If a security interest is placed on Your property, it creates a lien, mortgage, or other claim against Your property to secure payment and may cause a loss of Your property if You fail to pay as requested. After paying on any completed phase of the Services and before making any further payments, You should request from Home Depot or Service Provider a signed, unconditional release from, or waiver of, any right to place any claim against Your property applicable to the work then completed. You may ask an attorney about Your rights to discharge security interests.
Sample 1Sample 2
Security Interests; Liens. To secure Customer’s prompt and complete payment and performance of any and all obligations and liabilities of Customer to Seller, Customer hereby grants Seller a security interest in all Goods purchased from Seller, wherever located, and whether now existing or hereafter arising or acquired from time to time, and all replacements or modifications thereto, as well as all proceeds of the foregoing. Seller may file a financing statement or other liens for such security interest and Customer will execute such statements or other documentation necessary to perfect Seller’s security interest in such Goods. Customer also authorizes Seller to execute, on Xxxxxxxx’s behalf, such statements or other documentation necessary to perfect Seller’s security interest in such Goods.
Sample 1Sample 2
Security Interests; Liens. If You make all payments as required under this Agreement, no security interest will be placed against Your property by Home Depot. If a security interest is placed onYour property, it creates a lien, mortgage, or other claim against Your property to secure payment and may cause a loss of Your property if You fail to pay as requested. After paying on any completed phase of Installation and before making any further payments, You should request from Professional a signed, unconditional release from, or waiver of, any right to place any claimagainstYour property applicable tothe work then xxxxxxxxx.Xxx may ask an attorney about Your rights to discharge security interests. LIMITEDWARRANTY:HOMEDEPOTWARRANTSTHEWORKMANSHIPOFTHE INSTALLATION FOR ONEYEAR FROM ITS COMPLETION DATE. DURINGTHE WARRANTY PERIOD, HOME DEPOT WILL REPAIR AT NO CHARGE TO YOU, ANY DEFECTS DUETOFAULTYWORKMANSHIP. HOME DEPOT’SWARRANTY DOES NOT COVER DAMAGE CAUSED BY ABUSE, MISUSE, NEGLECT, OR IMPROPERCARE/CLEANING.MERCHANDISEANDMATERIALSARECOVERED EXCLUSIVELY BYTHE MANUFACTURER’SWARRANTY, IF ANY. HOME DEPOT WILL ASSIST YOU WITH WARRANTY CLAIMS AGAINST MANUFACTURERS. THIS WARRANTY PROVIDES YOU WITH SPECIFIC RIGHTS. YOU MAY HAVE OTHER RIGHTS UNDER APPLICABLE LAW. CANCELLATION:YOU MAY CANCELTHIS AGREEMENTWITHOUT PENALTY OR OBLIGATION BY DELIVERING WRITTEN NOTICE TO HOME DEPOT BY MIDNIGHT ON THE THIRD BUSINESS DAY AFTER SIGNING. THE STATE SUPPLEMENT CONTAINS A FORM TO USE IF ONE IS SPECIFICALLY PRESCRIBED BY LAW INYOUR STATE. Your payment(s) will be returned within ten (10) business days after Home Depot’s receipt of Your notice. You must make available for pickup by Home Depot or Professional, atYour service address, and in substantially the same condition as when delivered, any merchandise or materials delivered toYou. Or You may contact Home Depot for instructions regarding return shipment at Home Depot’s expense.
Sample 1
Security Interests; Liens. The Security Agreement provides the Collateral Agent for the benefit of the Lenders and the Collateral Agent with effective, valid, legally binding and enforceable first priority Liens on all of the Collateral. The Collateral Agent’s security interests described above will be, as of the Closing Date (and, with respect to all subsequently acquired Collateral will be when so acquired) superior and prior to the rights of all third Persons now existing or hereafter arising whether by way of Lien, assignment or otherwise. Other than the Liens created pursuant to the Security Agreement and the Security Documents (as defined in the Senior Term Loan Agreement), no Lien exists on any property of the Borrower. Other than the Liens created pursuant to the Senior Finance Documents, no Lien exists on the shares of common stock of the Borrower. Seller Credit Agreement EXECUTION COPY
Sample 1
Security Interests; Liens. (i) The Security Documents that have been delivered on or prior to the applicable Representation Date are effective to create, in favor of DOE, a legal, valid and enforceable Lien on and security interest in all of the Collateral purported to be covered thereby, and all necessary recordings and filings with respect to such Security Documents have been made in all necessary public offices, and all other necessary and appropriate action has been taken, so that the security interest created by such Security Document is a perfected Lien on and security interest in all right, title and interest of the applicable Clean Line Entity in the Collateral purported to be covered thereby, prior and superior to all other Liens other than Permitted Liens (provided, with respect to the Second Lien Collateral, the Clean Line Entities shall not be obligated to make any filings or recordings or take any other action necessary to create or perfect a Lien that are not required in respect of the first priority security interest granted in favor of the Project Financing Parties).
Sample 1
AutoNDA by SimpleDocs
Security Interests; Liens. As security for the performance by the Distributor of each and all of its obligations under this Agreement and the other Transaction Documents, Distributor hereby grants the following security interests and rights to the Contractors:
Sample 1
Security Interests; Liens. (a) Pursuant to the Security Documents, the Collateral Agent (for the benefit of the Secured Parties) has a perfected first priority Lien in the Collateral, subject only to Permitted
Sample 1

Related to Security Interests; Liens

  • Security Interests No party to this Escrow Agreement shall grant a security interest in any monies or other property deposited with the Escrow Agent under this Escrow Agreement, or otherwise create a lien, encumbrance or other claim against such monies or borrow against the same.

  • Security Interests Absolute All rights of the Secured Parties and all obligations of the Debtors hereunder, shall be absolute and unconditional, irrespective of: (a) any lack of validity or enforceability of this Agreement, the Debentures or any agreement entered into in connection with the foregoing, or any portion hereof or thereof; (b) any change in the time, manner or place of payment or performance of, or in any other term of, all or any of the Obligations, or any other amendment or waiver of or any consent to any departure from the Debentures or any other agreement entered into in connection with the foregoing; (c) any exchange, release or nonperfection of any of the Collateral, or any release or amendment or waiver of or consent to departure from any other collateral for, or any guarantee, or any other security, for all or any of the Obligations; (d) any action by the Secured Parties to obtain, adjust, settle and cancel in its sole discretion any insurance claims or matters made or arising in connection with the Collateral; or (e) any other circumstance which might otherwise constitute any legal or equitable defense available to a Debtor, or a discharge of all or any part of the Security Interests granted hereby. Until the Obligations shall have been paid and performed in full, the rights of the Secured Parties shall continue even if the Obligations are barred for any reason, including, without limitation, the running of the statute of limitations or bankruptcy. Each Debtor expressly waives presentment, protest, notice of protest, demand, notice of nonpayment and demand for performance. In the event that at any time any transfer of any Collateral or any payment received by the Secured Parties hereunder shall be deemed by final order of a court of competent jurisdiction to have been a voidable preference or fraudulent conveyance under the bankruptcy or insolvency laws of the United States, or shall be deemed to be otherwise due to any party other than the Secured Parties, then, in any such event, each Debtor’s obligations hereunder shall survive cancellation of this Agreement, and shall not be discharged or satisfied by any prior payment thereof and/or cancellation of this Agreement, but shall remain a valid and binding obligation enforceable in accordance with the terms and provisions hereof. Each Debtor waives all right to require the Secured Parties to proceed against any other person or entity or to apply any Collateral which the Secured Parties may hold at any time, or to marshal assets, or to pursue any other remedy. Each Debtor waives any defense arising by reason of the application of the statute of limitations to any obligation secured hereby.

  • Security Interest This Agreement creates a valid and continuing security interest (as defined in the UCC) in the Receivables in favor of the Issuer, which security interest is prior to all other Liens, and is enforceable as such against creditors of and purchasers from the Seller.

Time is Money Join Law Insider Premium to draft better contracts faster.