Common use of The Pledged Collateral Clause in Contracts

The Pledged Collateral. As of the date of this Agreement, Shareholder has good, valid and marketable title to all of the Pledged Collateral that has been issued to date, free and clear of any and all Encumbrances other than the restrictions on the transfer thereof as provided in preexisting agreements with InterCept.

Appears in 2 contracts

Sources: Loan Agreement (Intercept Group Inc), Loan Agreement (Intercept Group Inc)