Common use of Title to Collateral; Perfected Security Interest Clause in Contracts

Title to Collateral; Perfected Security Interest. The Pledgor has good and marketable title to the Additional Collateral, free of all Liens (other than the Lien created by the Collateral Agreement) and Transfer Restrictions. Upon delivery of the Collateral to the Collateral Agent, the Collateral Agent will obtain a valid, first priority perfected security interest in, and a first lien upon, such additional Collateral subject to no other Lien. None of such Additional Collateral is or shall be pledged by the Pledgor as collateral for any other purpose. This Certificate may be relied upon by the Trust as fully and to the same extent as if this Certificate had been specifically addressed to the Trust.

Appears in 13 contracts

Samples: Collateral Agreement (Estee Lauder Automatic Common Exchange Security Trust), Collateral Agreement (Estee Lauder Automatic Common Exchange Security Trust Ii), Collateral Agreement (Automatic Common Exchange Security Trust Ii)

AutoNDA by SimpleDocs

Title to Collateral; Perfected Security Interest. The Pledgor has good and marketable title to the Additional Substituted Collateral, free of all Liens (other than the Lien created by the Collateral Agreement) and Transfer Restrictions. Upon delivery of the Collateral to the Collateral Agent, the Collateral Agent will obtain a valid, first priority perfected security interest in, and a first lien upon, such additional Substituted Collateral subject to no other Lien. None of such Additional Substituted Collateral is or shall be pledged by the Pledgor as collateral for any other purpose. This Certificate may be relied upon by the Trust as fully and to the same extent as if this Certificate had been specifically addressed to the Trust.

Appears in 11 contracts

Samples: Collateral Agreement (Second Automatic Common Exchange Security Trust), Collateral Agreement (Decs Trust), Collateral Agreement (Third Automatic Common Exchange Security Trust)

Title to Collateral; Perfected Security Interest. The Pledgor has good and marketable title to the Additional Collateral, free of all Liens (other than the Lien created by the Collateral Agreement) and Transfer Restrictions. Upon delivery of the Collateral to the Collateral Agent, the Collateral Agent will obtain a valid, first priority perfected security interest in, and a first lien upon, such additional Collateral subject to no other Lien. None of such Additional Collateral is or shall be pledged by the Pledgor as collateral for any other purpose. This Certificate may be relied upon by the Trust as fully and to the same extent as if this Certificate had been specifically addressed to the Trust.. 30

Appears in 1 contract

Samples: Collateral Agreement (Second Automatic Common Exchange Security Trust)

Title to Collateral; Perfected Security Interest. The Pledgor has good and marketable title to the Additional Substituted Collateral, free of all Liens (other than the Lien created by the Collateral Agreement) and Transfer Restrictions. Upon delivery of the Substituted Collateral to the Collateral Agent, the Collateral Agent will obtain a valid, first priority perfected security interest in, and a first lien upon, such additional Substituted Collateral subject to no other Lien. None of such Additional Substituted Collateral is or shall be pledged by the Pledgor as collateral for any other purpose. This Certificate may be relied upon by the Trust as fully and to the same extent as if this Certificate had been specifically addressed to the Trust.

Appears in 1 contract

Samples: Collateral Agreement (Mandatory Common Exchange Trust)

Title to Collateral; Perfected Security Interest. The Pledgor has good and marketable title to the Additional Collateral, free of all Liens (other than the Lien created by the Collateral Agreement) and Transfer Restrictions. Upon delivery of the Additional Collateral to the Collateral Agent, the Collateral Agent will obtain a valid, first priority perfected security interest in, and a first lien upon, such additional Additional Collateral subject to no other Lien. None of such Additional Collateral is or shall be pledged by the Pledgor as collateral for any other purpose. This Certificate may be relied upon by the Trust as fully and to the same extent as if this Certificate had been specifically addressed to the Trust.

Appears in 1 contract

Samples: Collateral Agreement (Mandatory Common Exchange Trust)

Title to Collateral; Perfected Security Interest. The Pledgor has good and marketable title to the Additional Substituted Collateral, free of all Liens (other than the Lien created by the Collateral Agreement) and Transfer Restrictions. Upon delivery of the Collateral to the Collateral Agent, the Collateral Agent Purchaser will obtain a valid, first priority perfected security interest in, and a first lien upon, such additional Substituted Collateral subject to no other Lien. None of such Additional Substituted Collateral is or shall be pledged by the Pledgor as collateral for any other purpose. This Certificate may be relied upon by the Trust Purchaser as fully and to the same extent as if this Certificate had been specifically addressed to the TrustPurchaser.

Appears in 1 contract

Samples: Collateral Agreement (STT Communications LTD)

Title to Collateral; Perfected Security Interest. The ------------------------------------------------ Pledgor has good and marketable title to the Additional Substituted Collateral, free of all Liens (other than the Lien created by the Collateral Agreement) and Transfer Restrictions. Upon delivery of the Collateral to the Collateral Agent, the Collateral Agent will obtain a valid, first priority perfected security interest in, and a first lien upon, such additional Substituted Collateral subject to no other Lien. None of such Additional Substituted Collateral is or shall be pledged by the Pledgor as collateral for any other purpose. This Certificate may be relied upon by the Trust as fully and to the same extent as if this Certificate had been specifically addressed to the Trust.

Appears in 1 contract

Samples: Collateral Agreement (Decs Trust V)

Title to Collateral; Perfected Security Interest. The Pledgor has good and marketable title to the Additional Collateral, free of all Liens (other than the Lien created by the Collateral Agreement) and Transfer Restrictions. Upon delivery of the Collateral to the Collateral Agent, the Collateral Agent Purchaser will obtain a valid, first priority perfected security interest in, and a first lien upon, such additional Collateral subject to no other Lien. None of such Additional Collateral is or shall be pledged by the Pledgor as collateral for any other purpose. This Certificate may be relied upon by the Trust Purchaser as fully and to the same extent as if this Certificate had been specifically addressed to the TrustPurchaser.

Appears in 1 contract

Samples: Collateral Agreement (STT Communications LTD)

Title to Collateral; Perfected Security Interest. The Pledgor has good and marketable title to the Additional Substituted Collateral, free of all Liens (other than the Lien created by the Collateral Security and Pledge Agreement) and Transfer Restrictions. Upon delivery Delivery of the Substituted Collateral to the Collateral Agent, the Collateral Agent will obtain a valid, first priority perfected security interest in, and a first lien upon, such additional Substituted Collateral subject to no other Lien. None of such Additional Substituted Collateral is or shall be pledged by the Pledgor as collateral for any other purpose. This Certificate may be relied upon by the Trust as fully and to the same extent as if this Certificate had been specifically addressed to the Trust.

Appears in 1 contract

Samples: Security and Pledge Agreement (Nextel Strypes Trust)

AutoNDA by SimpleDocs

Title to Collateral; Perfected Security Interest. The Pledgor has good and marketable title to the Additional Collateral, free of all Liens (other than the Lien created by the Collateral Agreement) and Transfer Restrictions. Upon delivery of the Additional Collateral to the Collateral AgentTrust, the Collateral Agent Trust will obtain a valid, first priority perfected security interest in, and a first lien upon, such additional Additional Collateral subject to no other Lien. None of such Additional Collateral is or shall be pledged by the Pledgor as collateral for any other purpose. This Certificate may be relied upon by the Trust as fully and to the same extent as if this Certificate had been specifically addressed to the Trust.

Appears in 1 contract

Samples: Collateral Agreement (Peak Trends Trust)

Title to Collateral; Perfected Security Interest. The Pledgor has good and marketable title to the Additional Substituted Collateral, free of all Liens (other than the Lien created by the Collateral Agreement) Agreement and Transfer RestrictionsRestrictions {(other than Transfer Restrictions imposed by the Stock Control Agreement)}. Upon delivery of the Collateral to the Collateral Agent, the Collateral Agent will obtain a valid, first priority perfected security interest in, and a first lien upon, such additional Substituted Collateral subject to no other Lien. None of such Additional Substituted Collateral is or shall be pledged by the Pledgor as collateral for any other purpose. This Certificate may be relied upon by the Trust as fully and to the same extent as if this Certificate had been specifically addressed to the Trust.

Appears in 1 contract

Samples: Collateral Agreement (Decs Trust Ii)

Title to Collateral; Perfected Security Interest. The ------------------------------------------------ Pledgor has good and marketable title to the Additional Collateral, free of all Liens (other than the Lien created by the Collateral Agreement) and Transfer Restrictions. Upon delivery of the Collateral to the Collateral Agent, the Collateral Agent will obtain a valid, first priority perfected security interest in, and a first lien upon, such additional Collateral subject to no other Lien. None of such Additional Collateral is or shall be pledged by the Pledgor as collateral for any other purpose. This Certificate may be relied upon by the Trust as fully and to the same extent as if this Certificate had been specifically addressed to the Trust.

Appears in 1 contract

Samples: Collateral Agreement (Decs Trust V)

Title to Collateral; Perfected Security Interest. The Pledgor has good and marketable title to the Additional Collateral, free of all Liens (other than the Lien created by the Collateral Security and Pledge Agreement) and Transfer Restrictions. Upon delivery Delivery of the Additional Collateral to the Collateral Agent, the Collateral Agent will obtain a valid, first priority perfected security interest in, and a first lien upon, such additional Additional Collateral subject to no other Lien. None of such Additional Collateral is or shall be pledged by the Pledgor as collateral for any other purpose. This Certificate may be relied upon by the Trust as fully and to the same extent as if this Certificate had been specifically addressed to the Trust.

Appears in 1 contract

Samples: Security and Pledge Agreement (Nextel Strypes Trust)

Title to Collateral; Perfected Security Interest. The Pledgor has good and marketable title to the Additional Substituted Collateral, free of all Liens (other than the Lien created by the Collateral Agreement) and Transfer Restrictions. Upon delivery of the Substituted Collateral to the Collateral AgentTrust, the Collateral Agent Trust will obtain a valid, first priority perfected security interest in, and a first lien upon, such additional Substituted Collateral subject to no other Lien. None of such Additional Substituted Collateral is or shall be pledged by the Pledgor as collateral for any other purpose. This Certificate may be relied upon by the Trust as fully and to the same extent as if this Certificate had been specifically addressed to the Trust.

Appears in 1 contract

Samples: Collateral Agreement (Peak Trends Trust)

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