Common use of Title and Liens Clause in Contracts

Title and Liens. Such Pledgor is, and will at all times continue to be, the legal and beneficial owner of the Collateral of such Pledgor. None of the Collateral is subject to any adverse claim or other Lien other than Permitted Liens. No Person has control of any of the Collateral other than the Pledgee.

Appears in 5 contracts

Samples: Credit Agreement (Ashford Hospitality Trust Inc), Pledge Agreement (Baycorp Holdings LTD), Pledge Agreement (Baycorp Holdings LTD)

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Title and Liens. Such The Pledgor is, and will at all times continue to be, the legal and beneficial owner of the Pledged Collateral of such Pledgor. None and none of the Pledged Collateral is subject to any adverse claim or other Lien, except for the Lien other than Permitted Liens. No Person has control of any of the Collateral other than the Pledgeegranted hereby.

Appears in 2 contracts

Samples: Credit Agreement (Gerber Scientific Inc), Credit Agreement (Gerber Scientific Inc)

Title and Liens. Such Pledgor is, and will at all times continue to be, the legal and beneficial owner of the Collateral of such Pledgor. None of the Collateral is subject to any adverse claim (as defined in the UCC) or other Lien other than Permitted Liens. , No Person has control of any of the Collateral other than the Pledgee.

Appears in 1 contract

Samples: Credit Agreement (Morgans Hotel Group Co.)

Title and Liens. Such Pledgor is, and will at all times continue to be, the legal and beneficial owner of the Pledged Collateral of such Pledgor. None of the Pledged Collateral is subject to any adverse claim or other Lien other than Permitted Liens. No Person has control of any of the Pledged Collateral other than the PledgeeAgent.

Appears in 1 contract

Samples: Pledge Agreement (U-Store-It Trust)

Title and Liens. Such The Pledgor is, and will at all times continue to be, the legal and beneficial owner of the Collateral of such the Pledgor. None of the Collateral is subject to any adverse claim (as defined in the UCC) or other Lien other than Permitted Liens. No Person has control of any of the Collateral other than the Pledgee.

Appears in 1 contract

Samples: Credit Agreement (Morgans Hotel Group Co.)

Title and Liens. Such Pledgor is, and will at all times continue to be, the legal and beneficial owner of the Collateral of such PledgorPledgor unless the Pledgor is released as provided in the Credit Agreement. None of the Collateral is subject to any adverse claim or other Lien other than Permitted Liens. No Person has control of any of the Collateral other than the Pledgee.

Appears in 1 contract

Samples: Credit Agreement (Ashford Hospitality Trust Inc)

Title and Liens. Such Pledgor is, and will at all times continue to be, the legal and beneficial owner of the Pledged Collateral of such Pledgor. None of the Pledged Collateral is subject to any adverse claim or other Lien other than Permitted LiensLiens of the types referred to in clauses (a), (b), (c) and (e) of the definition of “Permitted Lien”. No Person has control of any of the Pledged Collateral other than the PledgeeAgent.

Appears in 1 contract

Samples: Credit Agreement (U-Store-It Trust)

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Title and Liens. Such The Pledgor is, and will at all times continue to be, the legal and beneficial owner of the Collateral of such PledgorPledged Collateral. None of the Pledged Collateral is subject to any adverse claim or other Lien other than Permitted Liens. No Person has control of any of the Pledged Collateral other than the PledgeePledgee and the Custodian.

Appears in 1 contract

Samples: Credit Agreement (RMR Asia Pacific Real Estate Fund)

Title and Liens. Such Subject to the terms hereof, Pledgor is, and will at all times continue to be, the legal and beneficial owner of the Collateral of such PledgorCollateral. None of the Collateral is subject to any adverse claim or other Lien other than Permitted Liens. No Person has control of any of the Collateral other than the PledgeeSecured Party.

Appears in 1 contract

Samples: Pledge Agreement (Riley Bryant R)

Title and Liens. Such The Pledgor is, and will at all times continue to be, the legal and beneficial owner of the Pledged Collateral of such Pledgor. None and none of the Pledged Collateral is subject to any adverse claim or other Lien other than Permitted Liens. No Person has control of any of the Collateral other than the PledgeeLien.

Appears in 1 contract

Samples: Pledge Agreement (Gold Kist Inc)

Title and Liens. Such The Pledgor is, and will at all times continue to be, the legal and beneficial owner of the Pledged Collateral of such Pledgor. None and none of the Pledged Collateral is subject to any adverse claim or other Lien, except for the Lien other than Permitted Liens. No Person has control of any of the Collateral other than the Pledgeegranted hereby).

Appears in 1 contract

Samples: Credit Agreement (Gerber Scientific Inc)

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