Common use of Title to Collateral Clause in Contracts

Title to Collateral. Except for the security interests granted to the Agent pursuant to this Security Agreement and as otherwise permitted by Section 6.2(a) of the Revolving Credit Agreement, the Debtor is the sole owner of each item of the Collateral, having good and marketable title thereto, free and clear of any and all Liens.

Appears in 14 contracts

Sources: Security Agreement (Hagler Bailly Inc), Security Agreement (Hagler Bailly Inc), Revolving Credit Agreement (Hagler Bailly Inc)

Title to Collateral. Except for the security interests granted to the Agent Bank pursuant to this Security Agreement and as otherwise permitted by Section 6.2(a) of the Revolving Credit Agreement, the Debtor Borrower is the sole owner of each item of the Collateral, having good and marketable title thereto, free and clear of any and all Liens, except Permitted Liens.

Appears in 4 contracts

Sources: Loan and Security Agreement (Widepoint Corp), Loan and Security Agreement (Versar Inc), Loan and Security Agreement (Versar Inc)

Title to Collateral. Except for the security interests granted to the Agent Bank pursuant to this Security Agreement and as otherwise permitted by Section 6.2(a) of the Revolving Credit Agreement, the Debtor is the sole owner of each item of the Collateral, having good and marketable title thereto, free and clear of any and all Liens except Permitted Liens.

Appears in 1 contract

Sources: Security Agreement (Microstrategy Inc)

Title to Collateral. Except for the security interests granted to the Agent Provider pursuant to this Security Agreement and as otherwise permitted by Section 6.2(a) of the Revolving Credit Agreement, the Debtor Client is the sole owner of each item of the Collateral, having good and marketable title thereto, free and clear of any and all Liens, except for Permitted Liens.

Appears in 1 contract

Sources: Security Agreement (Summer Energy Holdings Inc)

Title to Collateral. Except for the security interests granted to the Agent Bank pursuant to this Security Agreement and as otherwise permitted by Section 6.2(a) of the Revolving Credit Agreement, the Debtor Borrower is the sole owner owners of each item of the Collateral, having good and marketable title thereto, free and clear of any and all Liens, except Permitted Liens.

Appears in 1 contract

Sources: Loan and Security Agreement (Hadron Inc)