Title; No Other Security Interests Sample Clauses
Title; No Other Security Interests. Except for Permitted Liens, the Debtor owns (or, with respect to any leased or licensed property forming part of the Collateral, holds a valid leasehold or licensed interest in) the Collateral free and clear of any Liens. The Debtor is the record and beneficial owner of all Collateral that is Investment Property. No security agreement, financing statement or other notice with respect to any or all of the Collateral is on file or on record in any public office, except for filings with respect to Permitted Liens.
Title; No Other Security Interests. Except for the security interest granted under this Agreement to TIMET and the Permitted Encumbrances, Xxxxxx owns the Collateral free and clear of any and all security interests or claims.
Title; No Other Security Interests. Except for the security interest granted under this Agreement to each of the Consenting OEMs, Supplier owns the Operating Assets free and clear of all liens, claims and security interests, other than such liens, claims and security interests incurred in the ordinary course of business. Except for liens and security interests granted under this Agreement to the Consenting OEMs, no other person or entity (including any person or entity holding any lien of record) has a lien or security interest on any material portion of the Operating Assets or Real Estate.
Title; No Other Security Interests. The Company owns (or, with respect to any leased or licensed property forming part of the Collateral, holds a valid leasehold or licensed interest in) the Collateral free and clear of any Security Interests, other than Permitted Security Interests.
Title; No Other Security Interests. Except for the security interest granted to the Collateral Agent for the ratable benefit of the Secured Parties pursuant to this Agreement and the other Liens permitted to exist on the Collateral by the Credit Agreement, the U.S. Borrower owns each item of the Collateral free and clear of any and all Liens or claims of others. No financing statement or other public notice with respect to all or any part of the Collateral is on file or of record in any public office, except such as have been filed in favor of the Collateral Agent, for the ratable benefit of the Secured Parties, pursuant to this Agreement or as are permitted by the Credit Agreement.
Title; No Other Security Interests. Except for the security interest granted hereunder to Secured Party:
(a) Such Grantor owns its interest in the Collateral in which it hereby grants a security interest and which it hereby pledges to Secured Party free and clear of any and all liens other than the security interests created hereby, has the unrestricted right to grant the security interest and pledge its assets as provided for herein and has granted to, or for the benefit of, Secured Party a valid and perfected security interest in the Collateral of such Grantor, as a first priority security interest, free of all other liens, encumbrances and transfer restrictions; such Grantor is, and at the time of pledge and delivery of such Collateral will be, the sole holder of record and the sole beneficial owner of such Collateral, free and clear of any lien thereon or affecting title thereto other than the security interests created hereby; all consents required for the fully effective pledge of the Collateral of such Grantor as herein provided have been obtained;
(b) The certificates evidencing the Pledged Membership Interests have been duly authorized and validly issued and are fully paid and non-assessable;
(c) Such Grantor has the right and requisite authority to pledge, assign, transfer, deliver, deposit and set over the Collateral of such Grantor to Secured Party as provided herein;
(d) As of the date hereof, there are no existing options, warrants, calls, purchase rights or commitments of any character whatsoever relating to the Collateral of such Grantor;
(e) None of the Collateral of such Grantor has been issued or transferred in violation of the securities registration, securities disclosure or similar laws of any jurisdiction to which such issuance or transfer may be subject;
(f) Except as may have been filed in favor of Secured Party, there is no effective financing statement covering the Collateral of such Grantor or its proceeds on file in any public office, and, if such Grantor learns otherwise, such Grantor will promptly cause it to be terminated of record;
(g) Such Grantor will warrant and forever defend the title to the Collateral of such Grantor and its proceeds and the security interest of Secured Party therein against the claims and demands of all Persons whomsoever claiming or to claim the same or any part thereof and will maintain and preserve such security and the priority and perfection of Secured Party's security interest therein so long as this Pledge Agreement shall remain...
Title; No Other Security Interests. Except for the Security Interest granted hereunder for the benefit of NBD and Permitted Liens under the Loan Agreement, Debtor owns each item of the Collateral free and clear of any and all security interests or claims of others.
Title; No Other Security Interests. Except for the liens and security interests granted to Lender and the liens and security interests granted any other secured party of record or as previously disclosed to Customer, Supplier owns the Operating Assets and Real Estate free and clear of any and all security interests or claims of others.
Title; No Other Security Interests. Except for the security interest granted under this Agreement to the Customer, and the liens and security interests granted to the Bank and Bank One, NA, Supplier owns the Collateral free and clear of any and all security interests or claims of others.
Title; No Other Security Interests. Except for Liens permitted under the Credit Agreement, the Debtor is the legal and beneficial owner in the Collateral free and clear of any Liens. No security agreement, financing statement or other notice with respect to any or all of the Collateral is on file or on record in any public office, except as may have been filed in favour of the Creditor relating to this Agreement or any other Loan Document and except for filings with respect to Liens permitted under the Credit Agreement.