Common use of WARRANTS AND COVENANTS Clause in Contracts

WARRANTS AND COVENANTS. That except for the security interest granted hereby Debtor is, or to the extent that this agreement states that the Collateral is to be acquired after the date hereof, will be, the owner of the Collateral free from any adverse lien, security interest or encumbrance; and that Debtor will defend the Collateral against all claims and demands of all persons at any time claiming the same or any interest therein.

Appears in 4 contracts

Samples: Security Agreement (Lasik America Inc), Security Agreement (Lasik America Inc), Security Agreement (Lasik America Inc)

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WARRANTS AND COVENANTS. That except for the security interest granted hereby hereby, Debtor is, or to the extent that this agreement states that the Collateral is to be acquired after the date hereof, will be, the owner of the Collateral free from any adverse lien, security interest or encumbranceencumbrances; and that Debtor will defend the Collateral against all claims and demands of all persons at any time claiming the same or any interest therein.

Appears in 3 contracts

Samples: Revolving Credit Loan Agreement, Subsidiary Guarantee Agreement (SPYR, Inc.), Revolving Credit Loan Agreement (SPYR, Inc.)

WARRANTS AND COVENANTS. That except for the security interest granted hereby Debtor is, or to the extent that this agreement states that the Collateral is to be acquired after the date hereof, will be, the owner of the Collateral free from any adverse lien, security interest or encumbranceencumbrances; and that Debtor will defend the Collateral against all claims and demands of all persons at any time anytime claiming the same or any interest therein.

Appears in 2 contracts

Samples: Secured Promissory Note (Bion Environmental Technologies Inc), Secured Promissory Note (Bion Environmental Technologies Inc)

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WARRANTS AND COVENANTS. That except for the security interest granted hereby Debtor is, . or to the extent that this agreement states stares that the Collateral is to be acquired after the date hereof, will be, the owner of the Collateral free from any adverse lien, security interest or encumbrance; encumbrances: and that Debtor will defend the Collateral against all claims and demands of all persons at any time anytime claiming the same or any interest therein.

Appears in 1 contract

Samples: Security Agreement (Ten Stix Inc)

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