Common use of Title to the Collateral Clause in Contracts

Title to the Collateral. The Borrower shall have good and marketable title to each applicable Railcar and good title to all other items of applicable Collateral, free and clear of all Liens created or incurred by it or permitted to exist by it other than Permitted Liens.

Appears in 10 contracts

Samples: Warehouse Loan Agreement (Trinity Industries Inc), Term Loan Agreement (Trinity Industries Inc), Warehouse Loan Agreement (Trinity Industries Inc)

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Title to the Collateral. The Borrower shall have good and marketable title to each applicable Portfolio Railcar and the Borrower and the Guarantor shall have good and marketable title to all other items of applicable Collateral, in each case, free and clear of all Liens created or incurred by it or permitted to exist by it other than Permitted Liens.

Appears in 2 contracts

Samples: Revolving Asset Based Loan Agreement (Andersons, Inc.), Revolving Asset Based Loan Agreement (Andersons, Inc.)

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Title to the Collateral. The Each applicable Borrower shall have good and marketable title to each applicable Railcar and good title to all other items of applicable Collateral, free and clear of all Liens created or incurred by it or permitted to exist by it other than Permitted Liens.

Appears in 2 contracts

Samples: Warehouse Loan Agreement (Greenbrier Companies Inc), Warehouse Loan Agreement (Greenbrier Companies Inc)

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