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 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 Substituted Collateral subject to no other

Appears in 3 contracts

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

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Title to Collateral; Perfected Security Interest. The Pledgor has good and marketable title to the Substituted CollateralPledged Items, free of all Liens (other than the Lien created by the this Collateral Agreement) and Transfer Restrictions. Upon delivery of the Collateral to the Collateral AgentTrust hereunder, the Collateral Agent Trust will obtain a valid, first priority perfected security interest in, and a first lien upon, such Substituted Collateral subject to no otherother Lien; none of such Collateral is or shall be pledged by the Pledgor as collateral for any other purpose.

Appears in 1 contract

Samples: Collateral Agreement (Peak Trends Trust)

Title to Collateral; Perfected Security Interest. The Pledgor [/GRIT] has good and marketable title to the Substituted Additional Collateral, free of all Liens (other than the Lien created by the Additional 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 Substituted Additional Collateral subject to no otherother Lien; none of such Additional Collateral is or shall

Appears in 1 contract

Samples: Collateral Agreement (Amway Japan LTD)

Title to Collateral; Perfected Security Interest. The Pledgor has good and marketable title to the Substituted Collateral, free of all Liens (other than the Lien created by the Collateral this Agreement) and Transfer RestrictionsRestrictions and has good, right and lawful authority to assign, transfer and pledge such Collateral and all additions to such Collateral and substitutions for such Collateral under this Agreement. Upon delivery of the any Collateral to the Collateral AgentAgent hereunder, the Collateral Agent will obtain a valid, first priority perfected security interest in, and a first lien upon, such Substituted Collateral subject to no other,

Appears in 1 contract

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

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Title to Collateral; Perfected Security Interest. The Pledgor has good and marketable title to the Substituted Collateral, free of all Liens (other than the Lien created by the Substituted 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 Substituted Collateral subject to no other)

Appears in 1 contract

Samples: Collateral Agreement (Amway Japan LTD)

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