Common use of Title to Collateral Clause in Contracts

Title to Collateral. The Company will have at the time it acquires rights in Collateral hereafter acquired or arising and will maintain so long as the Security Interest may remain outstanding, title to each item of Collateral (including the proceeds and products thereof), free and clear of all liens except for the Security Interest and Permitted Liens. The Company will not license any Collateral. The Company will defend the Collateral against all claims or demands of all Persons (other than the Secured Party and any other party secured by the Star Buds Security Interests) claiming the Collateral or any interest therein.

Title to Collateral. The Company holds, or will have hold at the time it the Company acquires rights an interest in Collateral hereafter after acquired or arising Collateral, good and will maintain so long as the Security Interest may remain outstanding, marketable title to each item of the Collateral (including the proceeds and products thereof), free and clear of all liens security interests and encumbrances except for the Security Interest and the security interests and encumbrances specified on Schedule 1 (the “Permitted Liens”). The Debtors will keep the Collateral free of all security interests and encumbrances except for the Security Interest and the Permitted Liens. The Company will not license any Collateral. The Company Debtors will defend the Secured Party’s rights in the Collateral against all the claims or and demands of all Persons (other than the Secured Party and any other party secured by the Star Buds Security Interests) claiming the Collateral or any interest thereinpersons.