Common use of Ownership of Collateral Clause in Contracts

Ownership of Collateral. Each Grantor has good title to the Collateral owned by it, free and clear of all Liens other than Permitted Liens.

Appears in 24 contracts

Sources: Credit and Guaranty Agreement (Spirit Airlines, Inc.), Credit and Guaranty Agreement (Spirit Airlines, Inc.), Term Loan Credit and Guaranty Agreement (United Airlines, Inc.)

Ownership of Collateral. Each Grantor has good title to the Collateral owned by it, free and clear of all Liens other than Permitted Liens.. #4835-7899-9450v13 #4834-7509-9972

Appears in 1 contract

Sources: Credit and Guaranty Agreement (Jetblue Airways Corp)