Common use of Conveyance of Transferred Assets; Security Interests Clause in Contracts

Conveyance of Transferred Assets; Security Interests. Except for the transfers and conveyances hereunder, the Seller will not pledge, assign or transfer to any other Person, or grant, create, incur or assume any Lien other than Permitted Encumbrances on, any Transferred Asset, or any interest therein and the Seller shall defend the right, title, and interest of the Issuer and its successors and assigns in, to, and under the Transferred Assets, against all claims of third parties claiming through or under the Seller.

Appears in 4 contracts

Samples: Contribution and Sale Agreement (TAL International Group, Inc.), Contribution and Sale Agreement (TAL International Group, Inc.), Contribution and Sale Agreement (TAL International Group, Inc.)

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Conveyance of Transferred Assets; Security Interests. Except for the transfers and conveyances hereunder, the Seller will not pledge, assign or transfer to any other Person, or grant, create, incur or assume assume, or permit or suffer to exist, any Lien other than Permitted Encumbrances on, any Transferred Asset, or any interest therein and the Seller shall defend the right, title, and interest of the Issuer and its successors and assigns in, to, and under the Transferred Assets, against all claims of third parties claiming through or under the Seller.

Appears in 2 contracts

Samples: Contribution and Sale Agreement (TAL International Group, Inc.), Contribution and Sale Agreement (TAL International Group, Inc.)

Conveyance of Transferred Assets; Security Interests. Except for the transfers and conveyances hereunder, the Seller will not sell, pledge, assign or transfer to any other Person, or grant, create, incur incur, assume or assume suffer to exist any Lien other than Permitted Encumbrances on, on any Transferred Asset, or any interest therein and other than the rights of a lessee under a Lease. The Seller shall defend the right, title, and interest of the Issuer Borrower and its successors and assigns in, to, and under the Transferred Assets, against all claims of third parties claiming through or under the Seller.

Appears in 1 contract

Samples: Purchase Agreement (Cronos Group)

Conveyance of Transferred Assets; Security Interests. Except for the transfers and conveyances hereunder, the Seller will not sell, pledge, assign or transfer to any other Person, or grant, create, incur incur, assume or assume suffer to exist any Lien other than Permitted Encumbrances on, on any Transferred Asset, or any interest therein and other than the rights of a lessee under a Lease. Seller shall defend the right, title, and interest of the Issuer Borrower and its successors and assigns in, to, and under the Transferred Assets, against all claims of third parties claiming through or under the Seller.

Appears in 1 contract

Samples: Purchase Agreement (Cronos Group)

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Conveyance of Transferred Assets; Security Interests. Except for the transfers and conveyances hereunder, the Seller will not sell, pledge, assign or transfer to any other Person, or grant, create, incur incur, assume or assume suffer to exist any Lien other than Permitted Encumbrances on, on any Transferred Asset, or any interest therein and other than the rights of a lessee under a Lease. The Seller shall defend the right, title, and interest of the Issuer and its successors and assigns in, to, and under the Transferred Assets, against all claims of third parties claiming through or under the Seller.

Appears in 1 contract

Samples: Container Sale Agreement (Cronos Group)

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