Common use of Ownership of Pledged Property Clause in Contracts

Ownership of Pledged Property. Pledgor is the legal and equitable owner of the Pledged Property free and clear of all liens, charges, encumbrances and security interests of every kind and nature, other than those created hereunder.

Appears in 2 contracts

Sources: Collateral Pledge Agreement (Bell Sports Corp), Collateral Pledge Agreement (Bell Sports Corp)

Ownership of Pledged Property. Pledgor is the legal and equitable owner of the Pledged Property free and clear of all liens, charges, encumbrances and security interests of every kind and nature, other than that those created hereunder.

Appears in 1 contract

Sources: Collateral Pledge Agreement (Bell Sports Corp)