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Title to receivables / No lien: the company is the sole legal owner of the existing receivables and will be the sole legal owner of the future receivables and proceeds, which are (and will be) free from any LIEN as well as obligations, charges, burdens, seizures...
LIEN= diritto di prelazione, diritto di riservato dominio, diritto di pegno, diritto di pegno (quale termine è meglio? o sono equivalenti?)