Ownership of Accounts. Prior to the Lender making any Loan as set forth herein, the Borrower will be the sole owner of, and have good and marketable title to the Accounts pledged as security for such Loan.
Appears in 3 contracts
Sources: Loan and Security Agreement (Clixhealth Com Inc), Loan and Security Agreement (Healthcare Imaging Services Inc), Loan and Security Agreement (American Healthchoice Inc /Ny/)
Ownership of Accounts. Prior to the Lender making any Loan as set forth hereinAdvance, the Borrower or a Guarantor will be the sole owner of, and have good and marketable title to the Accounts pledged as security for such Loan.
Appears in 1 contract