Common use of No Prior Encumbrances Clause in Contracts

No Prior Encumbrances. Each Debtor has good and defensible title to the Collateral, free and clear of all Liens except Permitted Liens.

Appears in 1 contract

Samples: Security Agreement (Elgar Holdings Inc)

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No Prior Encumbrances. Each Debtor has good and defensible indefeasible title to the Collateral, free and clear of all Liens Liens, except for Permitted Liens.

Appears in 1 contract

Samples: Security Agreement (Fitzgeralds Gaming Corp)

No Prior Encumbrances. Each Such Debtor has good and defensible indefeasible title to the Collateral, free and clear of all Liens except for Permitted Liens.

Appears in 1 contract

Samples: Guarantor Security Agreement (Majestic Investor Capital Corp)

No Prior Encumbrances. Each Debtor has good and defensible --------------------- indefeasible title to the Collateral, free and clear of all Liens except for Permitted Liens.

Appears in 1 contract

Samples: Security Agreement (Microstrategy Inc)

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No Prior Encumbrances. Each Debtor has good and defensible marketable title to the its Collateral, free and clear of all Liens except Permitted Liens.

Appears in 1 contract

Samples: Security Agreement (Mattress Holding Corp.)

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