Common use of No Other Encumbrances Clause in Contracts

No Other Encumbrances. Such Obligor has not granted, nor will it grant, a security interest in the Collateral to any other individual or entity, and such Collateral is free and clear of any mortgage, pledge, lease, trust, bailment, lien, security interest, encumbrance, charge or other arrangement (other than the Permitted Liens).

Appears in 2 contracts

Samples: Security Agreement (SkyPostal Networks, Inc.), Security Agreement (Vyteris Holdings (Nevada), Inc.)

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No Other Encumbrances. Such Obligor The Guarantor has not granted, nor will it grant, a security interest in the Collateral to any other individual or entity, and such Collateral is free and clear of any mortgage, pledge, lease, trust, bailment, lien, security interest, encumbrance, charge or other arrangement (other than the Permitted Liens).

Appears in 1 contract

Samples: Security Agreement (Ener1 Inc)

No Other Encumbrances. Such Obligor The Borrower has not granted, nor will it grant, a security interest in the Collateral to any other individual or entity, and such Collateral is free and clear of any mortgage, pledge, lease, trust, bailment, lien, security interest, encumbrance, charge or other arrangement (other than the Permitted Liens).

Appears in 1 contract

Samples: Security Agreement (Alfacell Corp)

No Other Encumbrances. Such The Obligor has not granted, nor will it grant, a security interest in the Collateral to any other individual or entity, and such Collateral is free and clear of any mortgage, pledge, lease, trust, bailment, lien, security interest, encumbrance, charge or other arrangement (other than the Permitted Liens).

Appears in 1 contract

Samples: Security Agreement (Ener1 Inc)

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No Other Encumbrances. Such Neither Obligor has not granted, nor will it grant, a security interest in the Collateral to any other individual or entity, and such Collateral is free and clear of any mortgage, pledge, lease, trust, bailment, lien, security interest, encumbrance, charge or other arrangement (other than the Permitted Liens (including Prior Permitted Liens)).

Appears in 1 contract

Samples: Security Agreement (Tag Entertainment Corp)

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