Common use of No third party Security Interests Clause in Contracts

No third party Security Interests. At the time of execution and delivery of this Agreement and the Security Documents: (a) the Borrower will have the right to create all the Security Interests which the Security Documents purport to create; and (b) no third party will have any Security Interest or any interest, right of claim over, in or in relation to, any asset to which any such Security Interest, by its terms, relates.

Appears in 2 contracts

Sources: Loan Agreement (Aegean Marine Petroleum Network Inc.), Amendment Agreement (Aegean Marine Petroleum Network Inc.)