Common use of Documents, Instruments, and Chattel Paper Clause in Contracts

Documents, Instruments, and Chattel Paper. The Borrower represents and warrants to the Agent and the Lenders that (i) all documents, instruments, and chattel paper describing, evidencing, or constituting Collateral, Pledged Collateral or Guarantor Collateral, as the case may be, and all signatures and endorsements thereon, are and will be complete, valid, and genuine, and (ii) all goods evidenced by such documents, instruments, and chattel paper are and will be owned by the Borrower or a Guarantor, as the case may be, free and clear of all Liens other than Permitted Liens. The Borrower agrees that it shall deliver and shall cause each Guarantor to deliver to the Agent, at the Closing Date, and thereafter, promptly upon obtaining possession thereof, the originals of all instruments and chattel paper received by the Borrower or such Guarantor.