Common use of Representations and Warranties Concerning Collateral, Etc Clause in Contracts

Representations and Warranties Concerning Collateral, Etc. The Company further represents and warrants to the Secured Party as follows: (a) the Company is the owner of or has other rights in or power to transfer the Collateral, free from any right or claim of any person or any adverse lien, except for the security interest created by this Agreement and the Permitted Liens, (b) none of the account debtors or other persons obligated on any of the Collateral is a governmental authority covered by the Federal Assignment of Claims Act or like federal, state or local statute or rule in respect of such Collateral, (c) the Company holds no commercial tort claim except as indicated on the Company's Perfection Certificate, (d) all other information set forth on the Company's Perfection Certificate pertaining to the Collateral is accurate and complete, and (e) there has been no change in any of such information since the date on which the Company's Perfection Certificate was signed by the Company.

Appears in 8 contracts

Samples: Security Agreement (Bio Key International Inc), Security Agreement (Wisa Technologies, Inc.), Amended and Restated Security Agreement (Bio Key International Inc)

AutoNDA by SimpleDocs

Representations and Warranties Concerning Collateral, Etc. The Company further represents and warrants to the Secured Party as follows: (a) the Company is the owner of or has other rights in or power to transfer the Collateral, free from any right or claim of any person or any adverse lien, except for the security interest created by this Agreement and the Permitted Liens, (b) none of the account debtors or other persons obligated on any of the Collateral is a governmental authority covered by the Federal Assignment of Claims Act or like federal, state or local statute or rule in respect of such Collateral, (c) the Company holds no commercial tort claim except as indicated on the Company's ’s Perfection Certificate, (d) all other information set forth on the Company's ’s Perfection Certificate pertaining to the Collateral is accurate and complete, and (e) there has been no change in any of such information since the date on which the Company's ’s Perfection Certificate was signed by the Company.

Appears in 5 contracts

Samples: Security Agreement (Boxlight Corp), Security Agreement (Marizyme Inc), Security Agreement (Boxlight Corp)

Representations and Warranties Concerning Collateral, Etc. The Company further represents and warrants to the Secured Party as follows: (a) the Company is the owner of or has other rights in or power to transfer the CollateralCollateral to the extent set forth in this Agreement, free from any right or claim of any person Person or any adverse lien, except for the security interest created by this Agreement and the Permitted Liens, (b) none of the account debtors or other persons Persons obligated on any of the Collateral is a governmental authority covered by the Federal Assignment of Claims Act or like federal, state or local statute or rule in respect of such Collateral, (c) the Company holds no commercial tort claim except as indicated on the Company's ’s Perfection Certificate, (d) all other information set forth on the Company's ’s Perfection Certificate pertaining to the Collateral is accurate and complete, and (e) there has been no material change in any of such information since the date on which the Company's ’s Perfection Certificate was signed by the Company.

Appears in 2 contracts

Samples: Security Agreement (AERWINS Technologies Inc.), Guarantor Security Agreement (AERWINS Technologies Inc.)

Representations and Warranties Concerning Collateral, Etc. The Each Company further represents and warrants to the Secured Party as follows: (a) the such Company is the owner of or has other rights in or power to transfer the CollateralCollateral of such Company, free from any right or claim of any person Person or any adverse lien, except for the security interest created by this Agreement and the Permitted Liens, (b) none of the account debtors or other persons Persons obligated on any of the Collateral is a governmental authority covered by the Federal Assignment of Claims Act or like federal, state or local statute or rule in respect of such Collateral, (c) the such Company holds no commercial tort claim except as indicated on the such Company's ’s Perfection Certificate, (d) all other information set forth on the such Company's ’s Perfection Certificate pertaining to the Collateral is accurate and complete, and (e) there has been no material change in any of such information since the date on which the such Company's ’s Perfection Certificate was signed by the such Company.

Appears in 1 contract

Samples: Guarantor Security Agreement (Abvc Biopharma, Inc.)

Representations and Warranties Concerning Collateral, Etc. The Company further represents and warrants to the Secured Party as follows: (a) the Company is the owner of or has other rights in or power to transfer the CollateralCollateral of the Company, free from any right or claim of any person Person or any adverse lien, except for the security interest created by this Agreement and the Permitted Liens, (b) none of the account debtors or other persons Persons obligated on any of the Collateral is a governmental authority covered by the Federal Assignment of Claims Act or like federal, state or local statute or rule in respect of such Collateral, (c) the Company holds no commercial tort claim except as indicated on the Company's ’s Perfection Certificate, (d) all other information set forth on the Company's ’s Perfection Certificate pertaining to the Collateral is accurate and complete, and (e) there has been no material change in any of such information since the date on which the Company's ’s Perfection Certificate was signed by the Company.

Appears in 1 contract

Samples: Securities Purchase Agreement (SinglePoint Inc.)

AutoNDA by SimpleDocs

Representations and Warranties Concerning Collateral, Etc. The Company further represents and warrants to the Secured Party as follows: (a) the Company is the owner of or has other rights in or power to transfer the Collateral, free from any right or claim of any person Person or any adverse lien, except for the security interest created by this Agreement and the Permitted Liens, (b) none of the account debtors or other persons Persons obligated on any of the Collateral is a governmental authority covered by the Federal Assignment of Claims Act or like federal, state or local statute or rule in respect of such Collateral, (c) the Company holds no commercial tort claim except as indicated on the Company's ’s Perfection Certificate, (d) all other information set forth on the Company's ’s Perfection Certificate pertaining to the Collateral is accurate and complete, and (e) there has been no material change in any of such information since the date on which the Company's ’s Perfection Certificate was signed by the Company.

Appears in 1 contract

Samples: Security Agreement (Abvc Biopharma, Inc.)

Representations and Warranties Concerning Collateral, Etc. The Company further represents and warrants to the Secured Party as follows: (a) the Company is the owner of or has other rights in or power to transfer the CollateralCollateral of the Company, free from any right or claim of any person Person or any adverse lien, except for the security interest created by this Agreement and the Permitted Liens, (b) none of the account debtors or other persons Persons obligated on any of the Collateral is a governmental authority covered by the Federal Assignment of Claims Act or like federal, state or local statute or rule in respect of such Collateral, (c) the Company holds no commercial tort claim except as indicated on the Company's Perfection Certificate, (d) all other information set forth on the Company's Perfection Certificate pertaining to the Collateral is accurate and completecomplete in all material respects, and (e) there has been no material change in any of such information since the date on which the Company's Perfection Certificate was signed by the Company.

Appears in 1 contract

Samples: Security Agreement (PaxMedica, Inc.)

Representations and Warranties Concerning Collateral, Etc. The Company further represents and warrants to the Secured Party and the Investors as follows: (a) the Company is the owner of or has other rights in or power to transfer the Collateral, free from any right or claim of any person or any adverse lien, except for the security interest created by this Agreement and the Permitted Liens, (b) none of the account debtors or other persons obligated on any of the Collateral is a governmental authority covered by the Federal Assignment of Claims Act or like federal, state or local statute or rule in respect of such Collateral, (c) the Company holds no commercial tort claim except as indicated on the Company's ’s Perfection Certificate, (d) all other information set forth on the Company's ’s Perfection Certificate pertaining to the Collateral is accurate and complete, and (e) there has been no change in any of such information since the date on which the Company's ’s Perfection Certificate was signed by the Company.

Appears in 1 contract

Samples: Third Amended And (Boxlight Corp)

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