Common use of Ownership of Pledged Collateral Clause in Contracts

Ownership of Pledged Collateral. With respect to the Pledged Equity Interests of any Pledgor such Pledgor is, and with respect to any Additional Collateral such Pledgor will be, the legal record and beneficial owner thereof, and has and will have good and marketable title thereto, subject to no Lien except for the pledge and security interest created by this Agreement.

Appears in 1 contract

Sources: Pledge Agreement (Pacer International Inc)

Ownership of Pledged Collateral. With respect to the Pledged Equity Interests of any Pledgor such Pledgor isShares the Pledgors are, and with respect to any Additional Collateral such Pledgor the Pledgors will be, the legal record and beneficial owner owners thereof, and has have and will have good and marketable title thereto, subject to no Lien except for the pledge pledge, charge and security interest created by this Agreement.

Appears in 1 contract

Sources: Credit Agreement (Read Rite Corp /De/)

Ownership of Pledged Collateral. With respect to the Pledged Equity Interests of any Pledgor such Pledgor is, and with respect to any Additional Collateral such Pledgor will be, the legal record and beneficial owner thereof, and has and will have good and marketable title thereto, subject to no Lien except for the pledge and security interest created by this AgreementAgreement or Permitted Encumbrances.

Appears in 1 contract

Sources: Revolving Credit and Term Loan Agreement (Four Corners Property Trust, Inc.)

Ownership of Pledged Collateral. With respect to the Pledged Debt and the Pledged Equity Interests of any Pledgor such Pledgor is, and with respect to any Additional Pledged Collateral such Pledgor will be, the legal record and beneficial owner thereof, and has and will have good and marketable title thereto, subject to no Lien except for the pledge and security interest created by this Pledge Agreement.

Appears in 1 contract

Sources: Credit Agreement (Catellus Development Corp)