Common use of Setoff, Etc Clause in Contracts

Setoff, Etc. Borrower and Guarantors are the owners of the Collateral free from any lien, security interest, encumbrance or other claim or demand, except those encumbrances permitted in the Security Documents or Permitted Liens.

Appears in 2 contracts

Sources: Revolving Credit Agreement (Forestar Group Inc.), Revolving and Term Credit Agreement (Forestar Group Inc.)

Setoff, Etc. Borrower and Guarantors are the owners of the Collateral free from any lien, security interest, encumbrance or other claim or demand, except those encumbrances permitted in the Security Documents Deeds or Permitted Liens.

Appears in 2 contracts

Sources: Revolving and Term Credit Agreement (Forestar Group Inc.), Revolving and Term Credit Agreement (Forestar Real Estate Group Inc.)

Setoff, Etc. Borrower Borrowers and Guarantors Holdings are the owners of the Collateral free from any lien, security interest, encumbrance or other claim or demand, except those encumbrances permitted in the Security Documents or Permitted Liens.

Appears in 1 contract

Sources: Credit Agreement (Emeritus Corp\wa\)