Common use of List of Collateral Clause in Contracts

List of Collateral. Contemporaneous with the execution hereof the Debtor has furnished to the Secured Party a listing of all of the Collateral presently owned by it; provided, however, the Secured Party shall have a security interest in any and all Collateral whether or not such Collateral is described generally or specifically on such list. The Debtor warrants and agrees that it is the owner of the Collateral free and clear of all liens and security interests except the security interest granted by this Security Agreement or as set forth on Exhibit B hereto (herein called "Permitted Encumbrances")

List of Collateral. Contemporaneous with the execution hereof hereof, the Debtor has furnished to the Secured Party a listing of all of the Collateral presently owned by it; provided, however, the Secured Party shall have a security interest in any and all Collateral whether or not such Collateral is described generally or specifically on such list. The Debtor warrants and agrees that it is the owner of the Collateral free and clear of all liens and security interests except the security interest granted by this Security Agreement or as set forth on Exhibit B hereto (herein called "Permitted Encumbrances")interests.