Common use of Ownership of Pledged Collateral Clause in Contracts

Ownership of Pledged Collateral. The Company warrants and represents that it is the legal and beneficial owner of the Pledged Collateral free and clear of any lien, security interest, option or other charge or encumbrance except for the security interest created by this Agreement.

Appears in 5 contracts

Sources: Securities Purchase Agreement (Planetlink Communications Inc), Security Agreement (Platina Energy Group Inc.), Security Agreement (Vortex Resources Corp.)

Ownership of Pledged Collateral. The Except for the liens and security interests described on Schedule 7.1 attached hereto, the Company warrants and represents that it is the legal and beneficial owner of the Pledged Collateral free and clear of any lien, security interest, option or other charge or encumbrance except for the security interest created by this Agreement.

Appears in 1 contract

Sources: Security Agreement (Buckeye Ventures, Inc.)

Ownership of Pledged Collateral. The Company warrants and represents that it is the legal and beneficial owner of the Pledged Collateral free and clear of any lien, security interest, option or other charge or encumbrance except for the security interests referred in Section 2.3 hereof and the security interest created by this Agreement.

Appears in 1 contract

Sources: Security Agreement (Smartire Systems Inc)