Ownership and Liens. Each Borrower has title to or leasehold interests in all of its assets, including the Collateral, and none of the Collateral or such assets is subject to any Lien, except Liens created or permitted by this Agreement or the other Loan Documents.
Appears in 5 contracts
Samples: Loan and Security Agreement (NCI, Inc.), Loan and Security Agreement (Global Defense Technology & Systems, Inc.), Loan and Security Agreement (Global Defense Technology & Systems, Inc.)
Ownership and Liens. Each Borrower has title to or leasehold interests in all of its assets, including the Collateral, and none of the Collateral or such assets is subject to any Lien, except Liens created or permitted by this Agreement or the other Loan DocumentsAgreement.
Appears in 3 contracts
Samples: Loan and Security Agreement (Titan Corp), Loan and Security Agreement (Halifax Corp), Loan Agreement (Execustay Corp)
Ownership and Liens. Each Borrower has title to or leasehold interests in all of its assets, including the Collateral, and none of the Collateral or such assets is subject to any Lien, except Liens created or permitted by this Agreement or the other Loan Documents.
Appears in 2 contracts
Samples: Loan and Security Agreement (NCI, Inc.), Loan and Security Agreement (NCI, Inc.)
Ownership and Liens. Each The Borrower has title to or leasehold interests in all of its assets, including the Collateral, and none of the Collateral or such assets is subject to any Lien, except Liens created or permitted by this Agreement or the other Loan DocumentsAgreement.
Appears in 1 contract
Ownership and Liens. Each The Borrower has title to or leasehold interests in all of its assets, including the Collateral, and none of the Collateral or such assets is subject to any Lien, except Liens created or permitted by this Agreement or the other Loan Documents, including the Liens on the Excluded Collateral granted to the Repo Lenders.
Appears in 1 contract
Samples: Loan and Security Agreement (Friedman Billings Ramsey Group Inc)
Ownership and Liens. Each Borrower has title to or leasehold interests in all ------------------- of its assets, including the Collateral, and none of the Collateral or such assets is subject to any Lien, except Liens created or permitted by this Agreement or the other Loan DocumentsAgreement.
Appears in 1 contract
Ownership and Liens. Each Borrower has title to to, or valid leasehold interests in in, all of its property and assets, including the Collateralreal and personal, and none of the Collateral or such assets is subject to any Lienlien, security interest or encumbrance, except Liens created or permitted by this Agreement or the other Loan Documentsin favor of Lender.
Appears in 1 contract
Samples: Loan Agreement (Foreland Corp)
Ownership and Liens. Each The Borrower has title to or leasehold interests in all of its assets, including the Collateral, and none of the Collateral or such assets is subject to any Lien, except such Liens created or as are permitted by this Agreement or the other Loan DocumentsAgreement.
Appears in 1 contract
Ownership and Liens. Each The Borrower has title to or leasehold interests in all of its assets, including the Collateral, and none of the Collateral or such assets is subject to any Lien, except such Liens created or as are permitted by this Agreement or the other Loan DocumentsAgreement.
Appears in 1 contract
Samples: Credit Agreement (Microdyne Corp)
