Common use of Title; Liens and Encumbrances Clause in Contracts

Title; Liens and Encumbrances. The Borrower has good and marketable title to all Collateral, and none of the Collateral is subject to any pledge, lease, trust, bailment, lien, security interest, encumbrance, charge or title retention or other security agreement or arrangement of any character whatsoever other than as permitted in the Supplemental Agreements.

Appears in 2 contracts

Samples: Loan and Security Agreement (Techprecision Corp), Loan and Security Agreement (Lounsberry Holdings Ii Inc)

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Title; Liens and Encumbrances. 4.5.1. The Borrower has good and marketable title title, and the right to grant a security interest in, to all CollateralCollateral (as defined in the Original Loan Agreement), and none of the Collateral is subject to any pledge, lease, trust, bailment, lien, security interest, encumbrance, charge or title retention or other security agreement or arrangement of any character whatsoever other than as permitted in the Supplemental AgreementsOriginal Loan Agreement and the Transaction Documents.

Appears in 1 contract

Samples: Loan and Security Agreement (NaturalNano , Inc.)

Title; Liens and Encumbrances. 4.5.1. The Borrower has good and marketable title title, and the right to grant a security interest in, to all Collateral, and none of the Collateral is subject to any pledge, lease, trust, bailment, lien, security interest, encumbrance, charge or title retention or other security agreement or arrangement of any character whatsoever other than as permitted in the Supplemental Agreements.

Appears in 1 contract

Samples: Loan and Security Agreement (NaturalNano , Inc.)

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Title; Liens and Encumbrances. The Borrower has good and marketable title to all Collateral, Collateral pledged to the Bank and none of the Collateral is subject to any pledge, lease, trust, bailment, lien, security interest, encumbrance, charge or title retention or other security agreement or arrangement of any character whatsoever other than as permitted in the Supplemental AgreementsPermitted Liens.

Appears in 1 contract

Samples: Loan and Security Agreement

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