Common use of Titles and Liens Clause in Contracts

Titles and Liens. The Borrower has good and absolute title to all Collateral free and clear of all Liens other than Permitted Liens. No financing statement naming the Borrower as debtor is on file in any office except to perfect only Permitted Liens.

Appears in 36 contracts

Samples: Credit and Security Agreement (CPS Technologies Corp/De/), Credit and Security Agreement by And (CPS Technologies Corp/De/), Credit and Security Agreement (Corsair Components, Inc.)

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Titles and Liens. The Borrower has good and absolute title to all Collateral free and clear of all Liens other than Permitted Liens. No financing statement naming the Borrower as debtor is on file in any office except to perfect only Permitted Liens.

Appears in 6 contracts

Samples: Credit Agreement (Landec Corp \Ca\), Credit Agreement (Landec Corp \Ca\), Credit Agreement (Landec Corp \Ca\)

Titles and Liens. The Borrower has good and absolute marketable title to all Collateral free and clear of all Liens other than Permitted Liens. No financing statement naming the Borrower as debtor is on file in any office except to perfect only Permitted Liens.

Appears in 5 contracts

Samples: Credit and Security Agreement (Christopher & Banks Corp), Credit and Security Agreement (Delphax Technologies Inc), Senior Subordinated Note Purchase and Security Agreement (Physicians Formula Holdings, Inc.)

Titles and Liens. The Borrower has Borrowers have good and absolute title to all Collateral free and clear of all Liens other than Permitted Liens. No financing statement naming the any Borrower as debtor is on file in any office except to perfect only Permitted Liens.

Appears in 3 contracts

Samples: Credit and Security Agreement (Global Employment Holdings, Inc.), Credit and Security Agreement (Global Employment Holdings, Inc.), Credit and Security Agreement (Smtek International Inc)

Titles and Liens. The Borrower has good and absolute title to all Collateral given by it free and clear of all Liens other than Permitted Liens. No financing statement naming the Borrower as debtor is on file in any office except to perfect only Permitted Liens.

Appears in 3 contracts

Samples: And Security Agreement (Hc2 Holdings, Inc.), Security Agreement and Fixture Filing (HC2 Holdings, Inc.), Credit and Security Agreement (Schuff International Inc)

Titles and Liens. The Each Borrower has good and absolute title to all Collateral free and clear of all Liens other than Permitted Liens. No financing statement naming the any Borrower as debtor is on file in any office except to perfect only Permitted Liens.

Appears in 3 contracts

Samples: Credit and Security Agreement (Leather Factory Inc), Credit and Security Agreement (Zila Inc), Credit and Security Agreement (Ramtron International Corp)

Titles and Liens. The Borrower has Borrowers have good and absolute title to all Collateral free and clear of all Liens other than Permitted Liens. No financing statement naming the Borrower Borrowers as debtor is debtors are on file in any office except to perfect only Permitted Liens.

Appears in 2 contracts

Samples: Credit and Security Agreement (Misonix Inc), Credit and Security Agreement (Misonix Inc)

Titles and Liens. The Borrower has Borrowers have good and absolute title to all Collateral free and clear of all Liens other than Permitted Liens. No financing statement naming the Borrower Borrowers as debtor is on file in any office except to perfect only Permitted Liens.

Appears in 2 contracts

Samples: Credit and Security Agreement (Pacific Cma Inc), Credit and Security Agreement (Emrise CORP)

Titles and Liens. The Borrower has good and ------------------ absolute title to to, or a valid leasehold in, all Collateral free and clear of all Liens other than Permitted Liens. No To the Borrowers' knowledge after due inquiry no financing statement naming the Borrower as debtor is on file in any office except to perfect only Permitted Liens.

Appears in 1 contract

Samples: Credit and Security Agreement (Primesource Healthcare Inc)

Titles and Liens. The Each Borrower has good and absolute title to all Collateral free and clear of all Liens other than Permitted Liens. No financing statement naming the Borrower as debtor is on file in any office except to perfect only Permitted Liens.

Appears in 1 contract

Samples: Credit and Security Agreement (Bionova Holding Corp)

Titles and Liens. The Borrower has good and absolute title to all Collateral free and clear of all Liens other than Permitted Liens. No financing statement naming the Borrower as debtor is on file in any office except to perfect only Permitted Liens.

Appears in 1 contract

Samples: Credit and Security Agreement (Kitty Hawk Inc)

Titles and Liens. The Borrower has good and absolute title to all Collateral free and clear of all Liens other than (i) Permitted LiensLiens and (ii) Liens securing the Existing Credit Facility. No financing statement naming the Borrower as debtor is on file in any office except to perfect only Permitted LiensLiens and Liens securing the Existing Credit Facility.

Appears in 1 contract

Samples: Credit and Security Agreement (Gardenburger Inc)

Titles and Liens. The Borrower has good and absolute title to all Collateral and the “Mortgaged Property” (as such term is defined in the Mortgage) free and clear of all Liens other than Permitted LiensLiens and “Permitted Encumbrances” (as such term is defined in the Mortgage). No financing statement naming the Borrower as debtor is on file in any office except to perfect only Permitted Liens.

Appears in 1 contract

Samples: Credit and Security Agreement (Nortech Systems Inc)

Titles and Liens. The Borrower has good and absolute marketable title to all Collateral free and clear of all Liens liens other than Permitted Liens. No financing statement naming the Borrower as debtor is on file in any office except to perfect only Permitted Liensoffice.

Appears in 1 contract

Samples: Term Loan Agreement (Cherokee Inc)

Titles and Liens. The Borrower has good and absolute defensible title to all Collateral free and clear of all Liens other than Permitted Liens. No financing statement naming the Borrower as debtor is on file in any office except to perfect only Permitted Liens.

Appears in 1 contract

Samples: Credit and Security Agreement (Tradestar Services, Inc.)

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Titles and Liens. The Borrower has Borrowers have good and absolute title to all Collateral free and clear of all Liens Liens, other than Permitted Liens. No financing statement naming the any Borrower as debtor is on file in any office office, except to perfect only Permitted LiensLiens or notice filings.

Appears in 1 contract

Samples: Loan and Security Agreement (Vein Associates of America Inc)

Titles and Liens. The Borrower has good and absolute title to all Collateral of its assets, including all of the Collateral, free and clear of all Liens other than Permitted Liens. No financing statement naming the Borrower as debtor is on file in any office except to perfect only Permitted Liens.

Appears in 1 contract

Samples: Credit and Security Agreement (Ciber Inc)

Titles and Liens. The Borrower has good good, indefeasible and absolute marketable title to all Collateral and all of its other assets free and clear of all Liens other than Permitted Liens. No financing statement naming the Borrower any Credit Party as debtor is on file in any office except to perfect only Permitted Liens.

Appears in 1 contract

Samples: Credit and Security Agreement (Boots & Coots International Well Control Inc)

Titles and Liens. The Borrower or a Guarantor, as the case may be, has good and absolute title to all Collateral free and clear of all Liens other than Permitted Liens. No financing statement naming the Borrower as debtor is on file in any office except to perfect only Permitted Liens.

Appears in 1 contract

Samples: Loan Agreement (Seneca Gaming Corp)

Titles and Liens. The Borrower has good and absolute title to all Collateral free and clear of all Liens other than (i) Permitted LiensLiens and (ii) Liens securing the Existing Credit Facility (which Liens shall be terminated upon repayment of the Existing Credit Agreement with the proceeds of the initial Advances hereunder). No financing statement naming the Borrower as debtor is on file in any office except to perfect only Permitted LiensLiens and Liens securing the Existing Credit Facility.

Appears in 1 contract

Samples: Credit and Security Agreement (Gardenburger Inc)

Titles and Liens. The Borrower has good and absolute marketable title to all Collateral free and clear of all Liens liens other than Permitted Liens. No financing statement naming the Borrower as debtor is on file in any office except to perfect only Permitted Liensother than any financing statement filed by Bank in connection with the Original Loan Agreement.

Appears in 1 contract

Samples: Term Loan Agreement (Cherokee Inc)

Titles and Liens. The Borrower has good and absolute indefeasible title to to, or valid leasehold interests in, all Collateral free and clear of all Liens other than Permitted Liens. No financing statement naming the Borrower as debtor is on file in any office except to perfect only Permitted Liens.

Appears in 1 contract

Samples: Credit and Security Agreement (Rf Monolithics Inc /De/)

Titles and Liens. The Borrower has good and absolute title to all Collateral free and clear of all Liens other than Permitted Liens. No To Borrower’s knowledge, no financing statement naming the Borrower as debtor is on file in any office except to perfect only Permitted Liens.

Appears in 1 contract

Samples: Credit and Security Agreement (Command Security Corp)

Titles and Liens. The Each Borrower has good and absolute title to all Collateral free and clear of all Liens other than Permitted Liens. No financing statement naming the such Borrower as debtor is on file in any office except to perfect only Permitted Liens.

Appears in 1 contract

Samples: Security Agreement (Allis Chalmers Corp)

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