2Collateral. Borrower owns the Collateral and the Intellectual Property, free of all Liens, except for Permitted Liens. Borrower has the power and authority to grant to Agent a Lien in the Collateral as security for the Secured Obligations.
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2Collateral. Each Borrower owns the applicable Collateral and the Intellectual Property, free of all Liens, except for Permitted Liens. Each Borrower has the power and authority to grant to Agent a Lien in the Collateral as security for the Secured Obligations.
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Sources: Loan and Security Agreement (Tg Therapeutics, Inc.)
2Collateral. Borrower owns or otherwise has the rights to use the Collateral and the Intellectual Property, free of all Liens, except for Permitted Liens. Borrower ▇▇▇▇▇▇▇▇ has the power and authority to grant to Agent a Lien in the Collateral as security for the Secured Obligations.
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Sources: Loan and Security Agreement (Adaptimmune Therapeutics PLC)