Common use of Title to Collateral Clause in Contracts

Title to Collateral. Except for the security interests granted to the Agent pursuant to this Security Agreement and as otherwise permitted by Section 6.2(a) of the Revolving Credit Agreement, the Debtor is the sole owner of each item of the Collateral, having good and marketable title thereto, free and clear of any and all Liens.

Appears in 14 contracts

Samples: Security Agreement (Hagler Bailly Inc), Security Agreement (Hagler Bailly Inc), Security Agreement (Hagler Bailly Inc)

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Title to Collateral. Except for the security interests granted to the Agent Bank pursuant to this Security Agreement and as otherwise permitted by Section 6.2(a) of the Revolving Credit Agreement, the Debtor Borrower is the sole owner of each item of the Collateral, having good and marketable title thereto, free and clear of any and all Liens, except Permitted Liens.

Appears in 4 contracts

Samples: Loan and Security Agreement (Widepoint Corp), Loan and Security Agreement (Versar Inc), Loan and Security Agreement (Versar Inc)

Title to Collateral. Except The Debtor is sole owner of, has rights in, and has good and marketable title to all of the Collateral and none of the Collateral is subject to any Lien except for Permitted Liens and the security interests granted to the Agent interest created pursuant to this Security Agreement and as otherwise permitted by Section 6.2(a) of the Revolving Credit Agreement, the Debtor is the sole owner of each item of the Collateral, having good and marketable title thereto, free and clear of any and all Liens.

Appears in 2 contracts

Samples: Security Agreement (Lifecore Biomedical Inc), Security Agreement (North Atlantic Technologies Inc)

Title to Collateral. Except for the security interests granted to the Agent Bank pursuant to this Security Agreement and as otherwise permitted by Section 6.2(a) of the Revolving Credit Agreement, the Debtor Borrower is the sole owner owners of each item of the Collateral, having good and marketable title thereto, free and clear of any and all Liens, except Permitted Liens.

Appears in 1 contract

Samples: Loan and Security Agreement (Hadron Inc)

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Title to Collateral. Except for the security interests granted to the Agent Provider pursuant to this Security Agreement and as otherwise permitted by Section 6.2(a) of the Revolving Credit Agreement, the Debtor Client is the sole owner of each item of the Collateral, having good and marketable title thereto, free and clear of any and all Liens, except for Permitted Liens.

Appears in 1 contract

Samples: Security Agreement (Summer Energy Holdings Inc)

Title to Collateral. Except for the security interests granted to the Agent Bank pursuant to this Security Agreement and as otherwise permitted by Section 6.2(a) of the Revolving Credit Agreement, the Debtor is the sole owner of each item of the Collateral, having good and marketable title thereto, free and clear of any and all Liens except Permitted Liens.

Appears in 1 contract

Samples: Security Agreement (Microstrategy Inc)

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