Common use of Personal Property Searches Clause in Contracts

Personal Property Searches. Searches of the appropriate public offices demonstrating that no Lien is of record affecting any of the Loan Parties’ properties except Permitted Liens.

Appears in 2 contracts

Sources: Credit Agreement (Orion Energy Systems, Inc.), Credit Agreement (Orion Energy Systems, Inc.)

Personal Property Searches. Searches of the appropriate public offices demonstrating that no Lien is of record affecting any of the Loan Parties’ Company or its properties except Permitted Liens.

Appears in 1 contract

Sources: Credit Agreement (Magnetek, Inc.)