Common use of Legal and beneficial ownership Clause in Contracts

Legal and beneficial ownership. It is the absolute legal and beneficial owner of its assets subject to the Security.

Appears in 3 contracts

Samples: Assignment and Assumption (Canuelas Mill S.A.C.I.F.I.A.), Assignment and Assumption (Canuelas Mill S.A.C.I.F.I.A.), Assignment and Assumption (Canuelas Mill S.A.C.I.F.I.A.)

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Legal and beneficial ownership. It is the absolute legal and beneficial owner of its all the assets subject over which it purports to the create Security pursuant to any Security Document, free from any Security, other than Permitted Security.

Appears in 3 contracts

Samples: Cascal Facility Agreement (Cascal N.V.), Cascal Facility Agreement (Cascal N.V.), Facility Agreement (Cascal B.V.)

Legal and beneficial ownership. It is the absolute sole legal and beneficial owner of its the assets subject over which it purports to grant the Transaction Security free from any claims, third party rights or competing interests other than Permitted Security.

Appears in 2 contracts

Samples: Facilities Agreement (MiX Telematics LTD), Facilities Agreement (PowerFleet, Inc.)

Legal and beneficial ownership. It is (if an Obligor) the absolute sole legal and owner and, where applicable, beneficial owner of its the respective material assets over which it purports to grant Security, subject to the any Permitted Security.

Appears in 2 contracts

Samples: Agreement (Groupe Eurotunnel SA), Agreement (Groupe Eurotunnel SA)

Legal and beneficial ownership. It is the absolute sole legal and beneficial owner of its the assets subject over which it purports to the grant Security in this Deed, free from any other Security.

Appears in 2 contracts

Samples: Senior Secured Convertible Note Purchase Agreement (Mynd.ai, Inc.), Senior Secured Convertible Note Purchase Agreement

Legal and beneficial ownership. It is the absolute sole legal and beneficial owner of its the respective assets subject over which it purports to the Securitygrant Transaction Security free from any claims, third party rights or competing interests other than as permitted by this Agreement.

Appears in 2 contracts

Samples: Facility Agreement (Ener1 Inc), Facility Agreement (Ener1 Inc)

Legal and beneficial ownership. It (a) Subject to the Transaction Security, it is the absolute sole legal and beneficial owner of its the respective assets subject over which it purports to grant Transaction Security (except as otherwise expressly disclosed in the Securityapplicable Security Documents).

Appears in 2 contracts

Samples: Facility Agreement (Sequoia Capital China I Lp), Facility Agreement (Chiu Na Lai)

Legal and beneficial ownership. It is the absolute sole legal and beneficial owner of its the assets subject over which it purports to the grant Security.

Appears in 1 contract

Samples: Facility Agreement (Central European Distribution Corp)

Legal and beneficial ownership. (a) It is the absolute legal and sole beneficial owner of its the assets subject over which it grants or purports to the grant any Transaction Security.

Appears in 1 contract

Samples: Facility Agreement (SinoTech Energy LTD)

Legal and beneficial ownership. It is the absolute sole legal and beneficial owner of its assets subject any asset over which it purports to the Securitygrant Security to Buyer pursuant to a Transaction Document.

Appears in 1 contract

Samples: Prepayment Agreement (Transatlantic Petroleum Ltd.)

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Legal and beneficial ownership. It is the absolute sole, absolute, legal and beneficial owner of its the respective assets subject over which it purports to the grant Security, free from any claims, third party rights or competing interests.

Appears in 1 contract

Samples: Common Terms Agreement (Sedibelo Resources LTD)

Legal and beneficial ownership. (a) It is the absolute sole legal and beneficial owner of its the assets subject over which it purports to the grant Security.

Appears in 1 contract

Samples: Senior Facilities Agreement (Asanko Gold Inc.)

Legal and beneficial ownership. It is the sole absolute legal and beneficial owner of its assets subject to the SecuritySecurity Assets, free and clear of any rights or interests in favour of third parties except for the Security Interests created by this Mortgage.

Appears in 1 contract

Samples: Yun Chen Capital Cayman

Legal and beneficial ownership. It is the absolute legal and beneficial owner of its all the assets subject over which it purports to the create Security pursuant to any Security Document, free from any Security other than any Permitted Security.

Appears in 1 contract

Samples: Senior Term Facility Agreement (SemGroup Corp)

Legal and beneficial ownership. It is the absolute legal and beneficial owner of its all the assets subject over which it purports to the create Security pursuant to any Security Document, free from any Security other than Permitted Security.

Appears in 1 contract

Samples: Facility Agreement (Cordlife Group LTD)

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