Trading and Other Restrictions. (a) Each Loan Party owns all of its assets (including, in the case of Pledgor, all of the Collateral credited to the Collateral Accounts) free and clear of Liens, other than Permitted Liens.
Appears in 2 contracts
Samples: Margin Loan Agreement (HNA Tourism Group Co., Ltd.), Margin Loan Agreement (HNA Tourism Group Co., Ltd.)
Trading and Other Restrictions. (a) Each Loan Party owns all of its assets (including, in the case of Pledgor, including all of the Collateral credited pledged pursuant to the Collateral Accountsa Security Agreement) free and clear of Liens, other than Permitted Liens.
Appears in 2 contracts
Samples: Pledge and Security Agreement (Valor Buyer LP), Security Agreement (Valor Parent LP)
Trading and Other Restrictions. (a) Each Loan Party owns all of its assets (including, in the case of Pledgor, including all of the Collateral credited pledged pursuant to the Collateral Accountsa Security and Control Agreement) free and clear of Liens, other than Permitted Liens.
Appears in 1 contract
Samples: Margin Loan Agreement (Blackstone Holdings III L.P.)
