Ownership of Pledged Collateral. Pledgor is the legal, record and beneficial owner of the Pledged Collateral free and clear of any Lien except for the security interest created by this Agreement.
Ownership of Pledged Collateral. Except as otherwise permitted by the Loan Agreement, such Pledgor at all times will be the sole beneficial owner of the Pledged Collateral pledged by it.
Ownership of Pledged Collateral. Pledgor is the legal, record and beneficial owner of the Pledged Collateral pledged by such Pledgor free and clear of any lien, except for the security interests created by this Pledge Agreement and the lien of Foothill Capital Corporation, as AG Collateral Agent (as defined in the Intercreditor Agreement).
Ownership of Pledged Collateral. The Company warrants and represents that it is the legal and beneficial owner of the Pledged Collateral free and clear of any lien, security interest, option or other charge or encumbrance except for the security interest created by this Agreement.
Ownership of Pledged Collateral. Pledgor warrants and represents that Pledgor is the legal and beneficial owner of the Pledged Collateral.
Ownership of Pledged Collateral. Each Grantor is the legal, record and beneficial owner of the Pledged Collateral and its interests in the Pledged Collateral are free and clear of any Lien except for Permitted Liens.
Ownership of Pledged Collateral. With respect to the Pledged Debt and the Pledged Equity Interests of any Pledgor such Pledgor is, and with respect to any Additional Pledged Collateral such Pledgor will be, the legal record and beneficial owner thereof, and has and will have good and marketable title thereto, subject to no Lien except for the pledge and security interest created by this Pledge Agreement.
Ownership of Pledged Collateral. Each Pledgor is the legal, ------------------------------- record and beneficial owner of the Pledged Collateral free and clear of any Lien except for the security interest created by this Agreement.
Ownership of Pledged Collateral. Such Pledgor is the legal, record and beneficial owner of the Pledged Collateral free and clear of any Lien except for the security interest created by this Agreement.
Ownership of Pledged Collateral. Pledgor is the direct and beneficial owner of all Equity Interests, free and clear of any Liens, except for the security interest granted to the Collateral Agent hereunder. Pledgor further represents and warrants that (i) all Equity Interests have been duly and validly issued and, as of the date hereof, constitute all of the membership or partnership interests, as applicable, in Issuer outstanding and (ii) the applicable Pledgor(s) constitute either the sole member or partner or all of the members or partners, as applicable, of the respective Issuer therefor.
