Common use of Perfection of Security Interests in Incremental Term Loan Cash Collateral Clause in Contracts

Perfection of Security Interests in Incremental Term Loan Cash Collateral. So long as any Incremental Term Loan is outstanding hereunder, the Incremental Term Loan Agreements and/or the Account Control Agreements create valid security interests in, and Liens on, the Incremental Term Loan Cash Collateral purported to be covered thereby, which security interests and Liens are, if applicable, perfected security interests and Liens, prior to all other Liens (other than inchoate Liens permitted under Section 7.01).