Common use of Absence of Other Liens Clause in Contracts

Absence of Other Liens. The Collateral is owned by the Grantors free and clear of any Lien, except for (i) Permitted Encumbrances or (ii) Liens for which termination statements have been delivered to the Administrative Agent. Except as provided in the Loan Documents, the Grantors have not filed or consented to the filing of (a) any Financing Statement or analogous document under the UCC or any other Applicable Law covering any Collateral, or (b) any assignment in which any Grantor assigns any Collateral or any security agreement or similar instrument covering any Collateral with any foreign governmental, municipal or other office, which Financing Statement or analogous document, assignment, security agreement or similar instrument is still in effect, except, in each case, for Permitted Encumbrances.

Appears in 3 contracts

Samples: Intercreditor Agreement (Toys R Us Inc), Intercreditor Agreement (Toys R Us Inc), Security Agreement (Toys R Us Inc)

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Absence of Other Liens. The Collateral is owned by the Grantors free and clear of any Lien, except for (i) Permitted Encumbrances or (ii) Liens for which termination statements have been delivered to the Administrative AgentLiens. Except as provided in the Loan Documents, the Grantors have not No Grantor has filed or nor consented to the filing of (a) any Financing Statement financing statement or analogous document under the UCC or any other Applicable Law applicable laws covering any Collateral, (b) any assignment in which any Grantor assigns any Collateral or any security agreement or similar instrument covering any Collateral in the United States Patent and Trademark Office or the United States Copyright Office or (bc) any assignment in which any Grantor assigns any Collateral or any security agreement or similar instrument covering any Collateral with any foreign governmental, municipal or other office, which Financing Statement financing statement or analogous document, assignment, security agreement or similar instrument document is still in effect, except, in each case(a), (b) and (c) above, for filings in connection with Permitted EncumbrancesLiens.

Appears in 3 contracts

Samples: Security Agreement (Insight Capital Partners Iv Lp), Security Agreement (Exchange Applications Inc), Securities Purchase Agreement (Exchange Applications Inc)

Absence of Other Liens. The Collateral is owned by the Grantors free and clear of any Lien, except for (i) Permitted Encumbrances or (ii) Liens for which termination statements have been delivered to the Administrative AgentLiens. Except as provided in the Loan Documents, the Grantors have not No Grantor has filed or consented to the filing of (a) any Financing Statement financing statement or analogous document under the UCC or any other Applicable Law applicable laws covering any Collateral, (b) any assignment in which any Grantor assigns any Collateral or any security agreement or similar instrument covering any Collateral in the United States Patent and Trademark Office or the United States Copyright Office or (bc) any assignment in which any Grantor assigns any Collateral or any security agreement or similar instrument covering any Collateral with any foreign governmental, municipal or other office, which Financing Statement financing statement or analogous document, assignment, security agreement or similar instrument document is still in effect, except, in each case, for Permitted EncumbrancesLiens.

Appears in 1 contract

Samples: Second Priority Security Agreement (Pierson Industries Inc)

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Absence of Other Liens. The Collateral is owned by the Grantors Grantor free and clear of any Lien, except for (i) Permitted Encumbrances or (ii) Liens for which termination statements have been delivered to the Administrative Agent. Except as provided in the Loan Documents, the Grantors have Grantor has not (a) filed or consented to the filing of (ai) any Financing Statement or analogous document under the UCC or any other Applicable applicable Law covering any Collateral, or (bii) any assignment in which any the Grantor assigns any Collateral or any security agreement or similar instrument covering any Collateral with any foreign governmental, municipal or other office, or (b) entered into any agreement in which the Grantor grants Control over any Collateral, which Financing Statement or analogous document, assignment, security agreement or similar instrument instrument, or Control agreement is still in effect, except, in each case, for Permitted Encumbrances.

Appears in 1 contract

Samples: Amended and Restated Security Agreement (Alco Stores Inc)

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