Common use of Collateral and Perfection Clause in Contracts

Collateral and Perfection. Neither the Debtor nor, to the best of the Debtor’s knowledge, any affiliate (as such term is used in Rule 405 under the Securities Act of 1933, as amended (“Affiliates”)) have performed any acts which might prevent the Secured Party from enforcing any of the terms of this Agreement or which would limit the Secured Party in any such enforcement. No collateral is in the possession of any person (other than Debtor) asserting any claim thereto or security interest therein. The security interests created hereunder constitute valid security interests under the Uniform Commercial Code securing the Obligations to the extent that a security interest may be created in the Collateral.

Collateral and Perfection. Neither the Debtor nor, to the best of the Debtor’s 's knowledge, any affiliate (as such term is used in Rule 405 under the Securities Act of 1933, as amended (“"Affiliates”")) have performed any acts which might prevent the Secured Party from enforcing any of the terms of this Agreement or which would limit the Secured Seemed Party in any such enforcement. No collateral is in the possession of any person (other than Debtor) asserting any claim thereto or security interest therein. The security interests created hereunder constitute valid security interests under the Uniform Commercial Code securing the Obligations to the extent that a security interest may be created in the Collateral.

Collateral and Perfection. Neither the Debtor nor, to the best of the Debtor’s knowledge, any affiliate (as such term is used in Rule 405 under the Securities Act of 1933, as amended (“Affiliates”)) have performed any acts which might prevent the Secured Party Representative from enforcing any of the terms of this Agreement or which would limit the Secured Party Representative in any such enforcement. No collateral is in the possession of any person (other than Debtor) asserting any claim thereto or security interest therein. The security interests created hereunder constitute valid security interests under the Uniform Commercial Code securing the Obligations to the extent that a security interest may be created in the Collateral.

Collateral and Perfection. Neither the Debtor nor, to the best of the Debtor’s knowledge, any affiliate (as such term is used in Rule 405 under the Securities Act of 1933, as amended (“Affiliates”)) have performed any acts which might prevent the Secured Party Collateral Agent from enforcing any of the terms of this Agreement or which would limit the Secured Party Collateral Agent in any such enforcement. No collateral is in the possession of any person (other than Debtor) asserting any claim thereto or security interest therein. The security interests created hereunder constitute valid first priority security interests under the Uniform Commercial Code securing the Obligations to the extent that a security interest may be created in the Collateral.

Collateral and Perfection. Neither the Debtor nor, to the best of the Debtor’s knowledge, any affiliate (as such term is used in Rule 405 under the Securities Act of 1933, as amended (“Affiliates”)) have performed any acts which might prevent the Secured Party from enforcing any of the terms of this Agreement or which would limit the Secured Party in any such enforcement. No collateral Collateral is in the possession of any person Person (other than Debtor) asserting any claim thereto or security interest therein. The security interests created hereunder constitute valid first priority security interests under the Uniform Commercial Code securing the Obligations to the extent that a security interest may be created in the Collateral.

Collateral and Perfection. Neither the Debtor nor, to the best of the Debtor’s 's knowledge, any affiliate (as such term is used in Rule 405 under the Securities Act of 1933, as amended (“"Affiliates”")) have performed any acts which might prevent the Secured Party from enforcing any of the terms of this Agreement or which would limit the Secured Party in any such enforcement. No collateral is in the possession of any person (other than Debtor) asserting any claim thereto or security interest therein. The security interests created hereunder constitute valid security interests under the Uniform Commercial Code securing the Obligations to the extent that a security interest may be created in the Collateral.