Common use of Ownership and Liens Clause in Contracts

Ownership and Liens. Pledgor has good and marketable title to the Collateral free and clear of all Liens, encumbrances or adverse claims, except for the security interest created by this Agreement. No effective financing statement or other instrument similar in effect covering all or any part of the Collateral is on file in any recording office except such as have been filed in favor of Pledgee relating to this Agreement.

Appears in 5 contracts

Samples: Credit Agreement (GeoMet, Inc.), Credit Agreement (Exco Resources Inc), Credit Agreement (Quicksilver Resources Inc)

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Ownership and Liens. Pledgor has good and marketable title to the Collateral free and clear of all Liens, encumbrances or adverse claims, except for the security interest created by this AgreementAgreement and except as provided in Section 3.1(d)(iv). No effective financing statement or other instrument similar in effect covering all or any part of the Collateral is on file in any recording office except such as have been filed in favor of Pledgee relating to this AgreementAgreement or the other Loan Documents.

Appears in 3 contracts

Samples: Credit Agreement (Chaparral Energy, Inc.), Credit Agreement (Chaparral Energy, Inc.), Credit Agreement (Ellora Energy Inc)

Ownership and Liens. Pledgor has good and marketable title to the Collateral free and clear of all Liens, encumbrances or adverse claims, except for the security interest created by this AgreementAgreement and except as provided in Section 3.1(d)(iv). No effective financing statement or other instrument similar in effect covering all or any part of the Collateral is on file in any recording office except such as have been filed in favor of Pledgee relating to this AgreementPledgee.

Appears in 2 contracts

Samples: Credit Agreement (Ellora Energy Inc), Credit Agreement (Ellora Energy Inc)

Ownership and Liens. Pledgor has good and marketable title to the Collateral free and clear of all Liens, encumbrances or adverse claims, except for the security interest Lien created by this Agreement. No effective financing statement or other instrument similar in effect covering all or any part of the Collateral is on file in any recording office except such as have been filed in favor of Pledgee relating to this Agreement.

Appears in 2 contracts

Samples: Credit Agreement (Quest Resource Corp), Pledge Agreement (Quest Resource Corp)

Ownership and Liens. Pledgor has good and marketable title to the Collateral free and clear of all Liens, encumbrances or adverse claims, except for the security interest Lien created by this AgreementAgreement and Permitted Subordinate Liens. No effective financing statement or other instrument similar in effect covering all or any part of the Collateral is on file in any recording office except such as have been filed in favor of Pledgee relating to this Agreement.

Appears in 2 contracts

Samples: Credit Agreement (Quest Resource Corp), Pledge Agreement (Quest Resource Corp)

Ownership and Liens. Pledgor has good and marketable title to the Collateral free and clear of all Liens, encumbrances or adverse claims, except for the security interest created by this AgreementAgreement and except as provided in Section 3.1(d)(iv). No effective financing statement or other instrument similar in effect covering all or any part of the Collateral is on file in any recording office except such as have been filed in favor of Pledgee relating to this AgreementAgreement or the other Loan Papers.

Appears in 2 contracts

Samples: Credit Agreement (Chaparral Energy, Inc.), Credit Agreement (Ellora Energy Inc)

Ownership and Liens. Pledgor has good and marketable title to the Collateral free and clear of all Liens, encumbrances or adverse claims, except for the security interest created by this AgreementAgreement and except as provided in Section 3.1(d)(iv). No effective financing statement or other instrument similar in effect covering all or any part of the Collateral is on file in any recording office except such as have been filed in favor of Pledgee relating to this AgreementAgreement or the other Loan Documents or other Permitted Liens.

Appears in 2 contracts

Samples: Pledge Agreement (Par Petroleum Corp/Co), Pledge Agreement (Par Petroleum Corp/Co)

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Ownership and Liens. Pledgor has good and marketable title to the Collateral free and clear of all Liens, encumbrances or adverse claims, except for the security interest created by this AgreementAgreement and the Bank One Pledge. No effective financing statement or other instrument similar in effect covering all or any part of the Collateral is on file in any recording office except such as have been filed in favor of Pledgee relating to this AgreementAgreement and as have been filed in connection with the Bank One Pledge.

Appears in 1 contract

Samples: Pledge Agreement (Quest Resource Corp)

Ownership and Liens. Pledgor has good and marketable title to the Collateral (other than the Pledged Equity) free and clear of all Liens, encumbrances or adverse claims, except for the security interest created by this Agreement. No effective financing statement or other instrument similar in effect covering all or any part of the Collateral is on file in any recording office except such as have been filed in favor of Pledgee relating to this Agreement.

Appears in 1 contract

Samples: Credit Agreement (Denbury Resources Inc)

Ownership and Liens. Pledgor has good and marketable title to the Collateral free and clear of all Liensliens, security interests, encumbrances or adverse claims, except for the security interest created by this Agreement. No effective Pledgor has not executed any other security agreement currently affecting the Collateral and no financing statement or other instrument similar in effect covering all or any part of the Collateral is on file in any recording office except such as may have been executed or filed in favor of Pledgee relating to this AgreementSecured Party.

Appears in 1 contract

Samples: Pledge Agreement (Asd Systems Inc)

Ownership and Liens. Pledgor has good and marketable title to the ------------------- Collateral free and clear of all Liens, encumbrances or adverse claims, except for the security interest created by this Agreement. No effective financing statement or other instrument similar in effect covering all or any part of the Collateral is on file in any recording office except such as have been filed in favor of Pledgee relating to this Agreement.

Appears in 1 contract

Samples: Credit Agreement (Quicksilver Resources Inc)

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