State of Title. Each Borrower has good and indefeasible title to, and ownership of, the Collateral, free and clear of all Liens except to the extent, if any, of the Permitted Liens, and exclusive of any Property for which a Borrower only has a leasehold estate.
Appears in 2 contracts
Samples: Security Agreement (Industrial Services of America Inc /Fl), Security Agreement (Industrial Services of America Inc /Fl)
State of Title. Each Borrower has Borrowers (or any one or more of them) have good and indefeasible title to, and ownership of, the Collateral, free and clear of all Liens except to the extent, if any, of the Permitted Liens, and exclusive of any Property for which a Borrower only has a leasehold estate.
Appears in 2 contracts
Samples: Security Agreement (EQM Technologies & Energy, Inc.), Security Agreement (EQM Technologies & Energy, Inc.)
State of Title. Each Borrower has Borrowers have good and indefeasible title to, and ownership of, the Collateral, free and clear of all Liens except to the extent, if any, of the Permitted Liens, and exclusive of any Property for which a Borrower only has a leasehold estate.; and
Appears in 1 contract
State of Title. Each Borrower has good and indefeasible title to, and ownership of, the Collateral, free and clear of all Liens except to the extent, if any, of the Permitted Liens, and exclusive of any Property for which a Borrower only has a leasehold estate.
Appears in 1 contract