Common use of Secured Party’s Security Interest Clause in Contracts

Secured Party’s Security Interest. This Security Agreement creates a valid and binding security interest in the Collateral provided by Debtor securing the Secured Obligations. All filings (which filings with Governmental Authorities are described in Article IV of this Security Agreement) and other actions necessary to perfect or protect such security interest have been duly or will be promptly taken by Debtor. No further or subsequent filing, recording, registration or other public notice of such security interest is necessary in any governmental office or jurisdiction in order to perfect such security interest or to continue, preserve or protect such security interest except for continuation statements or for filings upon the occurrence of any of the events stated in Section 4.10 of this Security Agreement. Such perfected security interest in the Collateral constitutes a first-priority (except as to Permitted Liens) security interest under the Code.

Secured Party’s Security Interest. This Security Agreement creates a valid and binding security interest in the Collateral provided by Debtor securing the Secured Obligations. All filings (which filings with Governmental Authorities are described in Article IV Section 4.9 of this Security Agreement) and other actions necessary or desirable to perfect or protect such security interest have been duly or will be promptly taken by Debtortaken. No further or subsequent filing, recording, registration or other public notice of such security interest is necessary in any governmental office or jurisdiction in order to perfect such security interest or to continue, preserve or protect such security interest except for continuation statements or for filings upon the occurrence of any of the events stated in Section 4.10 4.9 of this Security Agreement. Such perfected security interest in the Collateral constitutes a first-priority (except as to Permitted Liens) security interest under the CodeCode senior to all other security interests.

Secured Party’s Security Interest. This Security Agreement creates a valid and binding security interest in the Collateral provided by Debtor securing the Secured Obligations. All filings (which filings with Governmental Authorities are described in Article IV of this Security Agreement) and other actions necessary to perfect or protect such security interest have been duly or will be promptly taken by Debtorthe Debtors. No further or subsequent filing, recording, registration or other public notice of such security interest in the Collateral is necessary in any governmental office or jurisdiction in order to perfect such security interest or to continue, preserve or protect such security interest except for continuation statements or for filings upon the occurrence of any of the events stated in Section 4.10 Article IV of this Security Agreement. Such perfected security interest in the Collateral constitutes a first-priority (except as to Permitted Liens) security interest under the Code.

Secured Party’s Security Interest. This Security Agreement creates a valid and binding security interest in the Collateral provided by Debtor securing the Secured Obligations. All filings (which filings with Governmental Authorities are described in Article IV Section 4.10 of this Security Agreement) and other actions necessary or desirable to perfect or protect such security interest have been duly or will be promptly taken by Debtortaken. No further or subsequent filing, recording, registration or other public notice of such security interest is necessary in any governmental office or jurisdiction in order to perfect such security interest or to continue, preserve or protect such security interest except for continuation statements or for filings upon the occurrence of any of the events stated in Section 4.10 of this Security Agreement. Such perfected security interest in the Collateral constitutes a first-priority (except as to Permitted Liens) security interest under the Code.. ARTICLE IV

Secured Party’s Security Interest. This Security Agreement creates a valid and binding security interest in the Collateral provided by Debtor securing the Secured ObligationsIndebtedness. All filings (which filings with Governmental Authorities are described in Article IV Section 4.7 of this Security Agreement) and other actions necessary or desirable to perfect or protect such security interest have been duly or will be promptly immediately taken by DebtorDebtors. No further or subsequent filing, recording, registration or other public notice of such security interest is necessary in any governmental office or jurisdiction in order to perfect such security interest or to continue, preserve or protect such security interest except for continuation statements or for filings upon the occurrence of any of the events stated in Section 4.10 4.7 of this Security Agreement. Such To the extent such security interest can be perfected under the Code, such perfected security interest in the Collateral constitutes a first-priority (except as to Permitted Liens) security interest under the Code.