Common use of Representations and Warranties by the Issuer as to Security Interest Clause in Contracts

Representations and Warranties by the Issuer as to Security Interest. (a) This Indenture creates a valid and continuing security interest (as defined in the applicable UCC) in the Collateral in favor of the Indenture Trustee which security interest is prior to all other liens, and is enforceable as such as against creditors of and purchasers from the Issuer.