Common use of Ownership, No Liens, etc Clause in Contracts

Ownership, No Liens, etc. The Borrower is the legal and beneficial owner of, and has good and marketable title to (and has full right and authority to pledge and assign) such Collateral, free and clear of all liens, security interests, options, or other charges or encumbrances, except any lien or security interest granted pursuant hereto in favor of the Agent.

Appears in 4 contracts

Samples: First Amendment Pledge Agreement (Calpine Corp), Pledge Agreement (Calpine Corp), Pledge Agreement (Calpine Corp)

AutoNDA by SimpleDocs

Ownership, No Liens, etc. The Borrower is the legal and beneficial owner of, and has good and marketable title to (and has full right and authority to pledge and assign) such Collateral, the Collateral free and clear of all liens, security interests, options, or other charges or encumbrances, except any lien or security interest granted pursuant hereto in favor of the Closed-End Collateral Agent.

Appears in 4 contracts

Samples: Pledge and Security Agreement (World Omni Auto Leasing LLC), Pledge and Security Agreement (World Omni LT), Pledge and Security Agreement (World Omni LT)

AutoNDA by SimpleDocs

Ownership, No Liens, etc. The Borrower is the legal and beneficial owner of, and has good and marketable title to (and has full right and authority to pledge and assign) such the Collateral, free and clear of all liens, security interests, options, options or other charges or encumbrances, except any lien or security interest granted pursuant hereto in favor of the Administrative Agent.

Appears in 2 contracts

Samples: Credit Agreement (Amc Entertainment Inc), Pledge Agreement (Amc Entertainment Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.