Common use of Perfection of Security Interests in the Collateral Clause in Contracts

Perfection of Security Interests in the Collateral. The Collateral Documents, once executed and delivered by the parties thereto, create valid security interests in, and Liens on, the Collateral purported to be covered thereby to the extent such security interests may be created pursuant to Article 9 of the UCC, which security interests and Liens will be, upon the timely and proper filings, deliveries, notations and other actions contemplated in the Collateral Documents, perfected security interests and Liens (to the extent that such security interests and Liens can be perfected by such filings, deliveries, notations and other actions), prior to all other Liens other than Permitted Liens.

Perfection of Security Interests in the Collateral. The Collateral Documents, once executed and delivered by the parties thereto, Documents create valid security interests in, and Liens on, the Collateral purported to be covered thereby to the extent such security interests may be created pursuant to Article 9 of the UCC, which security interests and Liens will be, upon the timely and proper filings, deliveries, notations and other actions contemplated in the Collateral Documents, Documents perfected security interests and Liens (to the extent that such security interests and Liens can be perfected by such filings, deliveries, notations and other actions), prior to all other Liens other than Permitted Liens.

Perfection of Security Interests in the Collateral. The Collateral Documents, once executed and delivered by the parties thereto, Documents create valid security interests in, and Liens on, the Collateral purported to be covered thereby to the extent such security interests may be created pursuant to Article 9 of the UCCthereby, which security interests and Liens will be, upon filing of UCC-1 statements, filing of intellectual property notices and the timely delivery of any instruments and proper filings, deliveries, notations and other actions contemplated in the Collateral Documentsstock certificates as required hereunder, perfected security interests and Liens (to the extent that such security interests and Liens can be perfected by such filings, deliveries, notations and other actions)Liens, prior to all other Liens other than Permitted Liens.

Perfection of Security Interests in the Collateral. The Collateral Documents, once executed and delivered by the parties thereto, Documents create valid security interests in, and Liens on, the Collateral purported to be covered thereby thereby, which security interests and Liens, to the extent such security interests may perfection can be created effected pursuant to Article 8 or 9 of the UCC, which security interests and Liens will be, upon the timely and proper filings, deliveries, notations and other actions contemplated in the Collateral Documents, shall be perfected security interests and Liens (to the extent that such security interests and Liens can be perfected by such filings, deliveries, notations and other actions)Liens, prior to all other Liens Liens, other than Permitted Liens, the filing of UCC financing statements and the taking of such other actions contemplated by the Loan Documents.