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Common use of Collateral Free and Clear Clause in Contracts

Collateral Free and Clear. Borrower shall keep the Collateral free and clear of any and all Liens, except for Permitted Liens.

Appears in 2 contracts

Sources: Master Security Agreement (Liberty Livewire Corp), Master Security Agreement (Sound Advice Inc)

Related Clauses

  • Collateral Fund
  • Collateral Locations
  • Collateral Matters; Swap Agreements
  • Eligible Collateral
  • Collateral Matters

Parent Clauses

  • Representations, Warranties and Covenants
  • Warranties, Representations and Covenants
  • Existing Notes and Requested Financing
  • Warranties and Representations
  • REPRESENTATIONS AND AFFIRMATIVE COVENANTS
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