No Liens or Claims Sample Clauses

No Liens or Claims. The Escrow Agent shall have no interest in the Escrow Account, but is serving as escrow holder only and having only possession thereof.
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No Liens or Claims. MRF shall not do, or allow the doing of, any act or incur any debt that would result in the filing of a mechanic’s lien against the Park. In the event such a lien should be filed, MRF shall do whatever is necessary to have such lien released of record within thirty (30) days of its filing.
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No Liens or Claims. Machinima has not granted, assigned, mortgaged pledged, or hypothecated, or otherwise encumbered or disposed of, and will not grant, assign, mortgage, pledge or hypothecate or otherwise encumber or dispose of any right, title or interest of any kind whatsoever in or in connection with the Programs, or any part thereof, or in connection with any of the other Results and proceeds, to any third party.
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No Liens or Claims. As of the Effective Date, each of the Company and Beaumont own all of their respective assets free and clear of any liens, claims, or encumbrances other than Permitted Encumbrances.
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No Liens or Claims. Subcontractor/Material Supplier will indemnify defend and hold harmless Contractor, Owner, and Architect against any lien or claim (including a stop notice or a claim against a Contractor’s bond) and damages (including attorney’s fees incurred by Contractor in responding to such lien or claim) arising out of obligations incurred by or for Subcontractor/Material Supplier in connection with this Contract, including obligations incurred by or for lower tier Subcontractors and Suppliers of Materials or Equipment. If any lien or claim shall be asserted, Subcontractor/Material Supplier shall within five days cause it to be discharged. Upon request, Subcontractor/Material Supplier will furnish a certification in a form satisfactory to Contractor from all lower tier Subcontractors, Suppliers of Materials or Equipment, and others that provided any of the work, showing that they have been paid in full, and will promptly furnish certified copies of payrolls showing payment in full for all labor in connection with the work. Furnishing such certifications, releases and certified copies, when so requested, shall be a prerequisite to any payments to Subcontractor/Material Supplier. No Lien Agreement: Subcontractor/Material Supplier, for itself and all parties claiming through Subcontractor/Material Supplier who would be entitled to liens as provided in I.C. 32-8-3-1, agrees with Contractor that no liens shall attach to and hereby waives all rights to file mechanic’s liens against the project real estate, or to any improvements now existing or to be constructed thereon in favor of Subcontractor/Material Supplier, or his subcontractor, mechanic, journeyman, laborer, material vendor, lessor of tools or machinery or any other party who may furnish work, materials, services, tools, or machinery for construction or improvements on the project real estate pursuant to the Contract Documents or pursuant to any subsequent agreement between contractor and Subcontractor/Material Supplier to furnish extras or additions.
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No Liens or Claims. ACTIVE POWER warrants and represents that the ACTIVE POWER Products are not subject to any lien, claim or encumbrance inconsistent with the license rights granted herein and that EATON and the End-User shall be entitled to possess and use the ACTIVE POWER Products, without any interruption by ACTIVE POWER or any party claiming by or through ACTIVE POWER, provided that EATON and the End-User shall duly perform its obligations hereunder.
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No Liens or Claims. Prior to closing Grantee shall not allow any lien, claim and encumbrances to attach to real NEK-SEN Energy, LLC Homestead Land Co. Option to Purchase Real Estate: 4 estate which arises out of any work performed by Grantee or Grantee’s agents or contractors and shall indemnify and hold Grantor harmless from any such claim. Additionally, although Grantor gives access permission to Grantee, its agents, representative, contractors to Grantor’s Option property and adjoining property, Grantor assumes no liability for injury or damages resulting from any presence or activity by Grantee, its agents or contractors on Grantor’s property.
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No Liens or Claims. Seller shall have delivered evidence, reasonably satisfactory to Buyer, that (i) all Liens against the Shares have been released and discharged and (ii) all guarantee (other than any guarantee asserted in the Litigation Claim) of the Company delivered, and/or security granted by the Company, in respect of obligations or liabilities of Seller shall have been discharged.
Sample 1

Related to No Liens or Claims

  • No Liens or Encumbrances Company's title to and ownership of Company-Owned Interconnection Facilities that were designed and constructed by Seller and/or its Contractors shall be free and clear of liens and encumbrances.

  • Other Liens or Interests Except for the conveyances hereunder, Seller will not sell, pledge, assign or transfer to any other Person, or grant, create, incur, assume or suffer to exist any Lien on the Receivables or the Other Conveyed Property or any interest therein, and Seller shall defend the right, title, and interest of Purchaser and the Issuer in and to the Receivables and the Other Conveyed Property against all claims of third parties claiming through or under Seller.

  • No Liens To the knowledge of the Seller, no liens or claims shall have been filed, including liens for work, labor or materials relating to a Financed Vehicle, that shall be liens prior to, or equal or coordinate with, the security interest in such Financed Vehicle granted by the related Receivable.

  • No Liens, Etc The Borrower Collateral and each part thereof is owned by the Borrower free and clear of any Adverse Claim or restrictions on transferability and the Borrower has the full right, power and lawful authority to assign, transfer and pledge the same and interests therein, and upon the making of each Advance, the Facility Agent, for the benefit of the Secured Parties, will have acquired a perfected, first priority and valid security interest (except, as to priority, for any Permitted Liens) in such Borrower Collateral, free and clear of any Adverse Claim or restrictions on transferability, to the extent (as to perfection and priority) that a security interest in said Borrower Collateral may be perfected under the applicable UCC. No effective financing statement or other instrument similar in effect naming or purportedly naming the Borrower or any of its Affiliates as debtor and covering all or any part of the Borrower Collateral is on file in any recording office, except such as will be released on the Effective Date or as may have been filed in favor of the Facility Agent as “Secured Party” pursuant hereto or as necessary or advisable to effect the sales contemplated by the Sale Agreement.

  • No Other Liens Each Pledgor covenants and agrees that it shall not (i) create, incur, assume or permit to exist any Lien or encumbrance on the Collateral (other than the Lien granted hereunder and Permitted Liens) and (ii) take any action which would have the effect of materially impairing the position or interests of the Pledgee hereunder except to the extent not prohibited by this Agreement. No Pledgor will, nor will it permit any of the related Issuing Entities (for so long as all or a portion of its related Capital Stock constitutes Collateral hereunder) to, without the prior written consent of the Pledgee, (i) enter into or permit to exist any arrangement or agreement (excluding the Secured Note Agreement and the other Secured Note Documents) which directly or indirectly prohibits such Pledgor or any of the related Issuing Entities from creating, assuming or incurring any Lien upon such Pledgor’s properties, revenues or assets whether now owned or hereafter acquired other than as permitted in the Secured Note Agreement, (ii) permit any Lien to exist on any of the Capital Stock of the related Issuing Entities (other than the Lien granted to the Pledgee hereunder and Permitted Liens), (iii) sell, transfer or otherwise dispose of any of the Capital Stock with respect to the Issuing Entities, regardless of whether such Capital Stock constitutes Collateral hereunder, other than in a transaction permitted under the Secured Note Agreement or (iv) except as otherwise permitted in the Secured Note Agreement, enter into any agreement, contract or arrangement (excluding the Secured Note Agreement and the other Secured Note Documents) restricting the ability of any Issuing Entity to pay or make dividends or distributions in cash or kind to the Pledgor or the Pledgee (to the extent the Pledgee is entitled hereunder to receive the payment of same), to make loans, advances or other payments of whatsoever nature to the Pledgor, or to make transfers or distributions of all or any part of its assets to the Pledgor or any Person owning or holding the Capital Stock with respect to such Issuing Entity; in each case other than (x) customary anti-assignment provisions contained in leases, permits, licensing agreements and other contracts entered into by the Pledgor or such Issuing Entity in the ordinary course of its business, (y) restrictions and conditions imposed by any laws, rules or regulations of any Governmental Authority, and (z) restrictions and conditions arising under the Secured Note Agreement and the other Secured Note Documents.

  • Liens Create, incur, assume or suffer to exist any Lien upon any of its property, assets or revenues, whether now owned or hereafter acquired, other than the following:

  • Title; No Other Liens Except for the security interest granted to the Administrative Agent for the ratable benefit of the Lenders pursuant to this Agreement and the other Liens permitted to exist on the Collateral by the Credit Agreement, such Grantor owns each item of the Collateral free and clear of any and all Liens or claims of others. No financing statement or other public notice with respect to all or any part of the Collateral is on file or of record in any public office, except such as have been filed in favor of the Administrative Agent, for the ratable benefit of the Lenders, pursuant to this Agreement or as are permitted by the Credit Agreement.

  • LIENS; ENCUMBRANCES Borrower acknowledges that, to the extent provided in Section 21, the grant, creation or existence of any mortgage, deed of trust, deed to secure debt, security interest or other lien or encumbrance (a "Lien") on the Mortgaged Property (other than the lien of this Instrument) or on certain ownership interests in Borrower, whether voluntary, involuntary or by operation of law, and whether or not such Lien has priority over the lien of this Instrument, is a "Transfer" which constitutes an Event of Default and subjects Borrower to personal liability under the Note.

  • Liens and Encumbrances The Company shall not directly or indirectly make, create, incur, assume or permit to exist any assignment, transfer, pledge, mortgage, security interest or other lien or encumbrance of any nature in, to or against any part of the Pledged Property or of the Company's capital stock, or offer or agree to do so, or own or acquire or agree to acquire any asset or property of any character subject to any of the foregoing encumbrances (including any conditional sale contract or other title retention agreement), or assign, pledge or in any way transfer or encumber its right to receive any income or other distribution or proceeds from any part of the Pledged Property or the Company's capital stock; or enter into any sale-leaseback financing respecting any part of the Pledged Property as lessee, or cause or assist the inception or continuation of any of the foregoing.

  • ENCUMBRANCES/LIENS The Contractor shall not cause or permit any lien, attachment or other encumbrance by any person to be placed on file or to remain on file in any public office or on file with the UNDP against any monies due or to become due for any work done or materials furnished under this Contract, or by reason of any other claim or demand against the Contractor.

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