Common use of No Prior Encumbrances Clause in Contracts

No Prior Encumbrances. Borrower has good and indefeasible title to the Collateral, free and clear of Liens, except for Permitted Liens.

Appears in 138 contracts

Samples: Loan and Security Agreement (Anda Networks Inc), Loan and Security Agreement (Focus Enhancements Inc), Loan and Security Agreement (Seebeyond Technology Corp)

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No Prior Encumbrances. Borrower has good and indefeasible marketable title to the Collateral, free and clear of Liens, except for Permitted Liens.

Appears in 21 contracts

Samples: Loan and Security Agreement (Biomarin Pharmaceutical Inc), Loan and Security Agreement (Motive Inc), Loan and Security Agreement (Chordiant Software Inc)

No Prior Encumbrances. Borrower has good and indefeasible title --------------------- to the Collateral, free and clear of Liens, except for Permitted Liens.

Appears in 15 contracts

Samples: Loan Modification Agreement (Quicklogic Corporation), Loan and Security Agreement (Crossworlds Software Inc), Loan and Security Agreement (Curon Medical Inc)

No Prior Encumbrances. Borrower has good and indefeasible title to the Collateral, free and clear of Liensliens, claims, security interests, or encumbrances, except for Permitted Liens.

Appears in 11 contracts

Samples: Loan and Security Agreement (Iron Bridge Mortgage Fund LLC), Loan and Security Agreement (InPoint Commercial Real Estate Income, Inc.), Loan and Security Agreement (Image Entertainment Inc)

No Prior Encumbrances. Borrower has good and indefeasible title to --------------------- the Collateral, free and clear of Liens, except for Permitted Liens.

Appears in 7 contracts

Samples: Loan and Security Agreement (Jetfax Inc), Loan and Security Agreement (Astea International Inc), Loan and Security Agreement (Corsair Communications Inc)

No Prior Encumbrances. Borrower has good and indefeasible marketable title to the Collateral, free and clear of Liens, Liens except for Permitted Liens.

Appears in 6 contracts

Samples: Equipment Loan and Security Agreement (Renovis Inc), Loan and Security Agreement (Nuvasive Inc), Loan and Security Agreement (Depomed Inc)

No Prior Encumbrances. Borrower has good and indefeasible title to the --------------------- Collateral, free and clear of Liens, except for Permitted Liens.

Appears in 4 contracts

Samples: Loan and Security Agreement (Copper Mountain Networks Inc), Loan and Security Agreement (Silicon Gaming Inc), Loan and Security Agreement (Audible Inc)

No Prior Encumbrances. Borrower has good and indefeasible marketable title to the Collateral, free and clear of Liens, except for Permitted LiensLiens as determined to exist from time to time.

Appears in 4 contracts

Samples: Loan and Security Agreement (Force10 Networks Inc), Loan and Security Agreement (Applied Optoelectronics, Inc.), Loan and Security Agreement (Applied Optoelectronics, Inc.)

No Prior Encumbrances. Borrower has good and indefeasible --------------------- title to the Collateral, free and clear of Liens, except for Permitted Liens.

Appears in 3 contracts

Samples: Loan Modification Agreement (Interwoven Inc), Loan and Security Agreement (Manhattan Associates Inc), Loan and Security Agreement (Onsale Inc)

No Prior Encumbrances. Borrower has good and indefeasible marketable title to --------------------- the Collateral, free and clear of Liens, except for Permitted Liens.

Appears in 3 contracts

Samples: Loan and Security Agreement (Snowball Com Inc), Loan and Security Agreement (Iprint Technologies Inc), Loan and Security Agreement (Iprint Technologies Inc)

No Prior Encumbrances. Borrower has good and indefeasible marketable --------------------- title to the Collateral, free and clear of Liens, except for Permitted Liens.

Appears in 3 contracts

Samples: Loan and Security Agreement (Iprint Technologies Inc), Loan and Security Agreement (Logicvision Inc), Loan and Security Agreement (Iprint Technologies Inc)

No Prior Encumbrances. Borrower has good and indefeasible marketable title to the --------------------- Collateral, free and clear of Liens, except for Permitted Liens.

Appears in 2 contracts

Samples: Loan and Security Agreement (Egain Communications Corp), Loan and Security Agreement (Verisity LTD)

No Prior Encumbrances. Each Borrower has good and indefeasible --------------------- title to the Collateral, free and clear of Liens, except for Permitted Liens.

Appears in 2 contracts

Samples: Loan and Security Agreement (Ise Labs Inc), Loan and Security Agreement (SQL Financials International Inc /De)

No Prior Encumbrances. Borrower has and its Subsidiaries have good and indefeasible title to the Collateral, free and clear of Liens, except for Permitted Liens.

Appears in 1 contract

Samples: Loan and Security Agreement (Hie Inc)

No Prior Encumbrances. Borrower has good and indefeasible title to the CollateralBorrower's Assets, free and clear of Liens, except for Permitted Liens.

Appears in 1 contract

Samples: Loan Agreement (Advanced Technology Materials Inc /De/)

No Prior Encumbrances. Borrower has and its Subsidiaries have good and indefeasible title to the Collateral, free and clear of Liens, except for Permitted Liens.

Appears in 1 contract

Samples: Loan and Security Agreement (Hie Inc)

No Prior Encumbrances. Borrower has good and indefeasible title to the Collateral, free and clear of Liens, except for Permitted Liens.

Appears in 1 contract

Samples: Loan and Security Agreement (Ribogene Inc / Ca/)

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No Prior Encumbrances. Borrower has good and indefeasible --------------------- marketable title to the Collateral, free and clear of Liens, except for Permitted Liens.

Appears in 1 contract

Samples: Loan and Security Agreement (Iprint Technologies Inc)

No Prior Encumbrances. Borrower has good and --------------------- indefeasible title to the Collateral, free and clear of Liens, except for Permitted Liens.

Appears in 1 contract

Samples: Loan and Security Agreement (Thermatrix Inc)

No Prior Encumbrances. Borrower has good and indefeasible feasible title to the Collateral, free and clear of Liens, except for Permitted Liens.

Appears in 1 contract

Samples: Loan and Security Agreement (Synchronicity Inc)

No Prior Encumbrances. Borrower has good and indefeasible title to the ---- --------------------- Collateral, free and clear of Liens, except for Permitted Liens.

Appears in 1 contract

Samples: Loan and Security Agreement (Seachange International Inc)

No Prior Encumbrances. Borrower has good and indefeasible marketable title to the Collateral, free and clear of Liens, except for Permitted LiensLiens described in clause (a) or (b) of the definition thereof junior to the Liens granted to Bank as determined to exist from time to time.

Appears in 1 contract

Samples: Loan and Security Agreement (Intelepeer Inc)

No Prior Encumbrances. Borrower has good and indefeasible marketable title to the Collateral, free and clear of Liens, except for the Lien held by the Lender and except for other Permitted Liens.

Appears in 1 contract

Samples: Loan and Security Agreement (Knightscope, Inc.)

No Prior Encumbrances. Borrower has good and indefeasible marketable title to the Collateral, free and clear of Liens, except for Permitted Liens. Borrower has all right to dispose of the Collateral free and clear of all Liens except for Permitted Liens.

Appears in 1 contract

Samples: Equipment Loan and Security Agreement (Beyond Meat, Inc.)

No Prior Encumbrances. Borrower has good and indefeasible title to the Collateral, free and clear of Liens, except for Permitted Liens.. 5.4

Appears in 1 contract

Samples: Loan and Security Agreement (Arthrocare Corp)

No Prior Encumbrances. Borrower has good and indefeasible title to the Collateral, free --------------------- and clear of Liens, except for Permitted Liens.

Appears in 1 contract

Samples: Loan and Security Agreement (Liquid Audio Inc)

No Prior Encumbrances. Such Borrower has good and indefeasible title to the Collateral, free and clear of Liens, Liens except for Permitted LiensEncumbrances.

Appears in 1 contract

Samples: Security Agreement (Shells Seafood Restaurants Inc)

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