Common use of Ownership of Collateral Clause in Contracts

Ownership of Collateral. Except as expressly permitted by the Credit Agreement and for the security interest created by this Agreement, such Grantor owns the Collateral owned by such Grantor free and clear of any Lien. Except as expressly permitted by the Credit Agreement and such as may have been filed in favor of Secured Party relating to this Agreement, no effective financing statement or other instrument similar in effect covering all or any part of the Collateral is on file in any filing or recording office.

Appears in 9 contracts

Samples: Credit Agreement (Sunrise Medical Inc), Security Agreement (Ackerley Group Inc), Security Agreement (Urs Corp /New/)

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Ownership of Collateral. Except as expressly permitted by the Credit Agreement and for the security interest created by this Agreement, such Grantor owns the Collateral owned by such Grantor free and clear of any Lien. Except as expressly permitted by the Credit Agreement and such as may have been filed in favor of Secured Party relating to this Agreement, no effective financing statement or other instrument similar in effect covering all or any part of the Collateral is on file in any filing or recording office.

Appears in 6 contracts

Samples: Credit Agreement (Enstar Income Program Iv-2 Lp), Credit Agreement (Enstar Income Program Iv-1 Lp), Security Agreement (Santa Fe Gaming Corp)

Ownership of Collateral. Except as expressly permitted by the ----------------------- Credit Agreement and for the security interest created by this Agreement, such Grantor owns the Collateral owned by such Grantor free and clear of any Lien. Except as expressly permitted by the Credit Agreement and such as may have been filed in favor of Secured Party relating to this Agreement, no effective financing statement or other instrument similar in effect covering all or any part of the Collateral is on file in any filing or recording office.

Appears in 3 contracts

Samples: Pledge and Security Agreement (Levi Strauss & Co), Pledge and Security Agreement (Levi Strauss & Co), Pledge and Security Agreement (Levi Strauss & Co)

Ownership of Collateral. Except as expressly permitted by the Credit Agreement and for the security interest created by this Agreement, such Grantor owns the Collateral owned by such Grantor free and clear of any Lien. Except as expressly permitted by the Credit Agreement and such as may have been filed in favor of the Secured Party relating to this Agreement, no effective financing statement or other instrument similar in effect covering all or any part of the Collateral is on file in any filing or recording office.

Appears in 2 contracts

Samples: Pledge and Security Agreement (Levi Strauss & Co), Intellectual Property Security Agreement (Levi Strauss & Co)

Ownership of Collateral. Except as expressly permitted by the Credit Agreement and for the security interest created by this Agreement, such Grantor owns the Collateral owned by such Grantor and such ownership is free and clear of any LienLien other than the Permitted Encumbrances. Except as expressly permitted by the Credit Agreement and such as may have been filed in favor of Secured Party relating to this Agreement, no effective financing statement or other instrument similar in effect covering all or any part of the Collateral is on file in any filing or recording office.

Appears in 2 contracts

Samples: Security Agreement (Isle of Capri Casinos Inc), Security Agreement (Isle of Capri Casinos Inc)

Ownership of Collateral. Except as expressly permitted by the Credit Agreement and for the security interest created by this AgreementDocuments, such Grantor owns the Collateral owned by such Grantor free and clear of any Lien. Except as expressly permitted by the Credit Agreement Documents and such as may have been filed in favor of Secured Party relating to Collateral Agent in connection with this Agreement, no effective financing statement or other instrument similar in effect covering all or any part of the Collateral is on file in any filing or recording office.

Appears in 2 contracts

Samples: Security Agreement (Danielson Holding Corp), Security Agreement (Danielson Holding Corp)

Ownership of Collateral. Except as expressly permitted by the Credit Agreement and for the security interest created by this Agreement, such Grantor owns the Collateral owned by such Grantor free and clear of any Lienlien, mortgage, security interest or other encumbrance. Except as expressly permitted by the Credit Agreement and such as may have been filed in favor of Secured Party relating to this Agreement, no effective financing statement or other instrument similar in effect covering all or any part of the Collateral is on file in any filing or recording office.

Appears in 2 contracts

Samples: Security Agreement (Jni Corp), Security Agreement (Ditech Corp)

Ownership of Collateral. Except as expressly permitted by the Credit Agreement and for the security interest created by this Agreement, such Grantor owns the Collateral owned by such Grantor free and clear of any LienLien other than the Permitted Encumbrances. Except Upon filing of the termination statements under the Existing Credit Agreement and except as expressly permitted by the Credit Agreement and such as may have been filed in favor of Secured Party relating to this Agreement, no effective financing statement or other instrument similar in effect covering all or any part of the Collateral is on file in any filing or recording office.

Appears in 2 contracts

Samples: Credit Agreement (Integrated Defense Technologies Inc), Credit Agreement (Integrated Defense Technologies Inc)

Ownership of Collateral. Except as expressly permitted by the Credit Agreement and for the security interest created by this Agreement, such Grantor owns its interests in the Collateral owned by such Grantor free and clear of any Lien. Except as expressly permitted by the Credit Agreement and such as may have been filed in favor of Secured Party relating to this Agreement, no effective financing statement or other instrument similar in effect covering all or any part of the Collateral is on file in any filing or recording office, Patent and Trademark Office ("PTO") or Copyright Office.

Appears in 1 contract

Samples: Security Agreement (Hines Horticulture Inc)

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Ownership of Collateral. Except as expressly permitted by the Credit Agreement and for the security interest created by this Agreement, such Grantor owns the Collateral owned by such Grantor free and clear of any LienLien other than Liens expressly permitted under the Credit Agreement. Except as expressly permitted by the Credit Agreement and such as may have been filed in favor of Secured Party relating to this Agreement, no effective financing statement or other instrument similar in effect covering all or any part of the Collateral is on file in any filing or recording office.

Appears in 1 contract

Samples: Security Agreement (Loewen Group Inc)

Ownership of Collateral. Except as expressly permitted by the Credit Agreement and for the security interest created by this Agreement, such Grantor owns the Collateral owned by such Grantor free and clear of any LienLien other than the Liens to be terminated substantially contemporaneous herewith. Except as expressly permitted by the Credit Agreement and such as may have been filed in favor of Secured Party relating to this Agreement, no effective financing statement or other instrument similar in effect covering all or any part of the Collateral is on file in any filing or recording office.

Appears in 1 contract

Samples: Credit Agreement (Sybron Dental Specialties Inc)

Ownership of Collateral. Except as expressly permitted by the Credit Agreement (including subsection 5.5 thereof) and for the security interest created by this Agreement, such Grantor owns the Collateral owned by such Grantor free and clear of any LienLien other than Liens permitted under Section 7.2 of the Credit Agreement. Except as expressly permitted by the Credit Agreement and such as may have been filed in favor of Secured Party Collateral Agent relating to this Agreement, no effective financing statement or other instrument similar in effect covering all or any part of the Collateral is on file in any filing or recording office.

Appears in 1 contract

Samples: Pledge and Security Agreement (La Quinta Properties Inc)

Ownership of Collateral. Except as expressly permitted by the Credit Agreement and for For the security interest created by this Agreement, such Grantor owns the Collateral owned by such Grantor free and clear of any Lien. Except as expressly permitted by the Credit Agreement and such as any financing statement that may have been filed in favor of Secured Party relating to this Agreement, no effective financing statement or other instrument similar in effect covering all or any part of the Collateral is on file in any filing or recording office.

Appears in 1 contract

Samples: Security Agreement (Fibercore Inc)

Ownership of Collateral. Except as expressly permitted by the Credit Agreement and except for the security interest created by this Agreement, such Grantor owns the Collateral owned by such Grantor free and clear of any Lien. Except as expressly permitted by the Credit Agreement and except such as may have been filed in favor of Secured Party relating to this Agreement, no effective financing statement or other instrument similar in effect covering all or any part of the Collateral is on file in any filing or recording office.

Appears in 1 contract

Samples: Security Agreement (NHW Auburn LLC)

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