Common use of Title to Collateral; Perfection; Permitted Liens Clause in Contracts

Title to Collateral; Perfection; Permitted Liens. (a) Borrower is now, and will at all times in the future be, the sole owner of all the Collateral, except for items of Equipment which are leased to Borrower. The Collateral now is and will remain free and clear of any and all liens, charges, security interests, encumbrances and adverse claims, except for Permitted Liens. PFG now has, and will continue to have, a first-priority perfected and enforceable security interest in all of the Collateral, subject only to the Permitted Liens, and Borrower will at all times defend PFG and the Collateral against all claims of others.

Title to Collateral; Perfection; Permitted Liens. (a) Borrower is now, and will at all times in the future be, the sole owner of all the Collateral, except for items of Equipment which are leased to Borrower. The Collateral now is and will remain free and clear of any and all liens, charges, security interests, encumbrances and adverse claims, except for Permitted Liens. PFG Lender now has, and will continue to have, a first-priority perfected and enforceable security interest in all of the Collateral, subject only to the Permitted Liens, and Borrower will at all times defend PFG Lender and the Collateral against all claims of others.

Title to Collateral; Perfection; Permitted Liens. (a) Borrower is now, and will at all times in the future be, the sole owner of all the Collateral, except for items of Equipment which are leased or licensed to Borrower. The Collateral now is and will remain free and clear of any and all liens, charges, security interests, encumbrances and adverse claims, except for Permitted Liens. PFG Bank now has, and will continue to have, a first-priority perfected and enforceable security interest in all of the Collateral, subject only to the Permitted Liens, and Borrower will at all times defend PFG Bank and the Collateral against all claims of others.

Title to Collateral; Perfection; Permitted Liens. (a) Borrower is nowas of the Effective Date, and will at all times in the future be, the sole owner of all the its Collateral, except for items of Equipment Collateral which are is leased or licensed to Borrower. The Collateral now is as of the Effective Date and will remain free and clear of any and all liens, charges, security interests, encumbrances and adverse claims, except for Permitted Liens. As of the Effective Date, PFG now haswill have, and will continue to have, a firstFirst-priority Priority perfected and enforceable security interest in all of the Collateral, subject only to the Permitted Liens, Collateral and Borrower will at all times defend PFG and the Collateral against all claims of others.

Title to Collateral; Perfection; Permitted Liens. (a) Borrower Each Obligor is now, and will at all times in the future be, the sole owner of all the CollateralCollateral owned by it, except for items of Equipment which are leased to Borroweran Obligor. The All such Collateral now is and will remain free and clear of any and all liens, charges, security interests, encumbrances and adverse claims, except for Permitted Liens. PFG now has, and will continue to have, a firstFirst-priority Priority perfected and enforceable security interest in all of the Collateral, subject only to the Permitted Liens, and Borrower each Obligor will at all times defend PFG and the Collateral against all claims of others.

Title to Collateral; Perfection; Permitted Liens. (a) Borrower is now, and will at all times in the future be, the sole owner of all the Collateral, except for items of Equipment which are leased to Borrower. The Collateral now is and will remain free and clear of any and all liens, charges, security interests, encumbrances and adverse claims, except for Permitted Liens. PFG now has, and will continue to have, a firstFirst-priority Priority perfected and enforceable security interest in all of the Collateral, subject only to the Permitted LiensLiens that have not been subordinated by agreement to the liens of PFG, and Borrower will at all times defend PFG and the Collateral against all claims of others.

Title to Collateral; Perfection; Permitted Liens. (a) Borrower Debtor is now, and will at all times in the future be, the sole owner of all the Collateral, except for items of Equipment which are leased to BorrowerDebtor and except for Permitted Liens. The Collateral now is and will remain free and clear of any and all liens, charges, security interests, encumbrances and adverse claims, except for Permitted Liens. PFG now has, and will continue to have, a first-priority perfected and an enforceable security interest in all of the Collateral, subject only to the Permitted Liens, and Borrower Debtor will at all times defend PFG and the Collateral against all claims of others.

Title to Collateral; Perfection; Permitted Liens. (a) Borrower is now, and will at all times in the future be, the sole owner of all the Collateral, except for items of Equipment which are leased to Borrower. The Collateral now is and will remain free and clear of any and all liens, charges, security interests, encumbrances and adverse claims, except for Permitted Liens. PFG now has, and will continue to have, a first-priority perfected and enforceable security interest in all of the Collateral, subject only to the Permitted Liens, and Borrower will at all times defend PFG and the Collateral against all claims of others.. Partners for Growth Loan and Security Agreement

Title to Collateral; Perfection; Permitted Liens. (a) Borrower is now, and will at all times in the future be, the sole owner of all the Collateral, except for items of Equipment which are leased to Borrower. The Collateral now is and will remain free and clear of any and all liens, charges, Partners for Growth II, L.P. Loan and Security Agreement security interests, encumbrances and adverse claims, except for Permitted Liens. PFG now has, and will continue to have, a firstFirst-priority Priority perfected and enforceable security interest in all of the Collateral, subject only to the Permitted Liens, and Borrower will at all times defend PFG and the Collateral against all claims of others.

Title to Collateral; Perfection; Permitted Liens. (a) Borrower is now, and will at all times in the future be, the sole owner of all the Collateral, except for items of Equipment which are leased to Borrower. The Collateral now is and will remain free and clear of any and all liens, charges, security interests, encumbrances and adverse claims, except for Permitted Liens. PFG Lender now has, and will continue to have, a first-priority perfected and enforceable security interest in­terest in all of the Collateral, subject only to the Permitted Liens, and Borrower will at all times defend PFG Lender and the Collateral against all claims of others.

Title to Collateral; Perfection; Permitted Liens. (a) Borrower is now, and will at all times in the future be, the sole owner of all the Collateral, except for items of Equipment which are leased to Borrower. The Collateral now is and will remain free and clear of any and all liens, charges, security interests, encumbrances and adverse claimsLiens, except for Permitted Liens. PFG now has, and will continue to have, a firstFirst-priority Priority perfected and enforceable (except as may be limited by bankruptcy, insolvency, moratorium, fraudulent conveyance or other laws applicable to creditors’ rights generally) security interest in all of the Collateral, subject only to the Permitted Liens, Collateral and Borrower will at all times defend PFG and the Collateral against all claims of others.

Title to Collateral; Perfection; Permitted Liens. (a) Borrower is now, and will at all times in the future be, the sole owner of all the Collateral, except for items of Equipment which are leased to BorrowerBorrower and except for Permitted Liens. The Collateral now is and will remain free and clear of any and all liens, charges, security interests, encumbrances and adverse claims, except for Permitted Liens. PFG now has, and will continue to have, a first-priority perfected and an enforceable security interest in all of the Collateral, subject only to the Permitted Liens, and Borrower will at all times defend PFG and the Collateral against all claims of others.

Title to Collateral; Perfection; Permitted Liens. (a) Borrower is now, and will at all times in the future be, the sole owner of all the Collateral, except for items of Equipment which are leased to Borrower. The Collateral now is and will remain free and clear of any and all liens, charges, security interests, encumbrances and adverse claims, except for Permitted Liens. Subject to the rights of the Senior Lender, PFG now has, and will continue to have, a first-priority perfected and enforceable security interest in all of the Collateral, subject only to the Permitted Liens, and Borrower will at all times defend PFG and the Collateral against all claims of others.

Title to Collateral; Perfection; Permitted Liens. (a) Borrower is now, and will at all times in the future be, the sole owner of all the Collateral, except for items of Equipment which are leased to Borrower. The Collateral now is and will remain free and clear of any and all liens, charges, security interests, encumbrances and adverse claims, except for Permitted Liens. PFG now has, and will continue to have, a first-priority perfected and enforceable security interest in all of the Collateral, subject only to the Permitted Liens, and Borrower will at all times rimes defend PFG and the Collateral against all claims of others.

Title to Collateral; Perfection; Permitted Liens. (a) Borrower is now, and will at all times in the future be, the sole owner of all the Collateral, except for items of Equipment which are leased to Borrower. The Collateral now is and will remain free and clear of any and all liens, charges, security interests, encumbrances and adverse claimsLiens, except for Permitted Liens. PFG now has, and will continue to have, a firstFirst-priority Priority perfected and enforceable security interest in­terest in all of the Collateral, subject only to the Permitted Liens, and Borrower will at all times defend PFG and the Collateral against all claims of others.