Collateral and Liens. Borrower is the legal and beneficial owner of and has good and marketable title to the property granted by it as collateral hereunder, free from any lien, encumbrance or restriction whatsoever and it has full power and authority to grant the security interest in such property as collateral.
Appears in 2 contracts
Sources: Credit Agreement (B2 Health, Inc.), Credit Agreement (Golden West Brewing Company, Inc.)