No liens clause samples

While we take no satisfaction in the economic and human toll this global pandemic has created, we recognize that our survival is due to having been fiscally conservative since our establishment. The company today is financially strong, with no long-term debt, no loans, and no liens. In short, we are well-positioned to weather the storm, so to speak. Additionally, we are not dependent on business in the United States, nor on Chinese manufacturing. Equally important, we have streamlined our entire organization.

3.5. No Liens.There exists no lien, claim, charge, pledge, lease, hypothecation, security interest or other interest (collectively, “Claims”) in, or encumbrance on, against or in connection with, the Asset, or any portion thereof.

Section 2.06 No Liens. Upon update of the books and records of the Company to reflect the Purchase, the Buyer will acquire good and valid title to the Shares, free and clear of all Liens, other than any Permitted Liens.