Common use of Ownership of the Notes Clause in Contracts

Ownership of the Notes. The Seller is the beneficial owner of the Notes in the principal amount set forth by its name on Schedule 1 hereto and, upon sale and delivery of the Notes to the Purchaser and upon payment by the Purchaser as provided herein, the Seller will convey to the Purchaser good and marketable title to the Notes, free and clear of all Liens other than Liens, created by the Purchaser, if any.

Ownership of the Notes. The Seller is the beneficial owner of the Notes in the principal amount set forth by its name on Schedule 1 hereto of $15,000,000, and, upon sale and delivery of the Notes to the Purchaser and upon payment by the Purchaser as provided herein, the Seller will convey to the Purchaser good and marketable title to the Notes, free and clear of all Liens other than Liens, created by the Purchaser, if any.