Title to Collateral. The Grantor is the sole owner of, and has good, valid, and marketable title to, the Collateral, free from all Liens other than Permitted Liens, and the Grantor has full right and power to grant the Administrative Agent for the benefit of the Secured Parties a lien thereon and a security interest therein.
Appears in 13 contracts
Samples: Security Agreement (Fibernet Telecom Group Inc\), Subsidiary Security Agreement (Fibernet Telecom Group Inc\), Subsidiary Security Agreement (Fibernet Telecom Group Inc\)
Title to Collateral. The Each Grantor is the sole owner of, and has good, valid, and marketable title to, the applicable Collateral, free from all Liens other than Permitted Liens, and the each Grantor has full right and power to grant the Administrative Agent for the benefit of the Secured Parties a lien thereon and a security interest therein.
Appears in 3 contracts
Samples: Credit Agreement (Switch & Data, Inc.), Credit Agreement (Switch & Data, Inc.), Credit Agreement (Switch & Data Facilities Company, Inc.)
Title to Collateral. The Grantor is the sole owner of, and has good, valid, and marketable title to, the Collateral, free from all Liens other than Permitted Liens, and the Grantor has full right and power to grant the Administrative Agent for the benefit of the Secured Parties Grantee a lien thereon and a security interest therein.
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