Common use of Security Agreement Collateral Clause in Contracts

Security Agreement Collateral. The provisions of the Security Agreement are effective to create in favor of Agent for the benefit of the Lenders a legal, valid and enforceable security interest in all right, title and interest of Borrower in the Collateral, and the Security Agreement, together with the timely filings of Form UCC-1 creates a fully perfected first lien on, and security interest in, all right, title and interest of Borrower in all of the Collateral described therein, subject to no other Liens other than Permitted Liens. The recordation in the United States Patent and Trademark Office and in the United States copyright office of assignments for security made pursuant to the Security Agreement, together with filings on Form UCC-1 made pursuant to the Security Agreement, will be effective, under Federal law, to perfect the security interest granted to Agent in the trademarks, patents and copyrights covered by the Security Agreement, and the filing of an assignment for security made pursuant to the Security Agreement, with the United States Copyright Office together with filings on Form UCC-1 made pursuant to the Security Agreement, will be effective under Federal law to perfect the security interest granted to Agent in the copyrights covered by the Security Agreement.

Security Agreement Collateral. The provisions of the Domestic Security Agreement are effective to create in favor of Collateral Agent for the benefit of the Lenders Secured Creditors a legal, valid and enforceable security interest in all right, title and interest of Borrower the Company and its Domestic Subsidiaries in the Collateral, and the Domestic Security Agreement, together with the timely filings of Form UCC-1 the UCC initial financing statements described therein creates a fully perfected first priority lien on, and security interest in, all right, title and interest of Borrower the Company and its Domestic Subsidiaries in all of the Collateral described therein, subject to no other Liens other than Permitted Liens. The recordation in the United States Patent and Trademark Office and of grants of security interest in the United States copyright office of assignments for security Company's and/or its Subsidiaries patents and trademarks made pursuant to the Domestic Security Agreement, together with filings on Form UCC-1 made pursuant to the Domestic Security Agreement, will be effective, under applicable Federal and state law, to perfect the security interest granted to Administrative Agent in the trademarks, trademarks and patents and copyrights covered by the Domestic Security Agreement, and the filing of an assignment for security made pursuant to the Domestic Security Agreement, with the United States Copyright Office together with filings on Form UCC-1 of UCC initial financing statements made pursuant to the Domestic Security Agreement, will be effective under applicable Federal and state law to perfect the security interest granted to Administrative Agent in the copyrights covered by the Domestic Security Agreement.

Security Agreement Collateral. The provisions of the Security Agreement are effective to create in favor of Collateral Agent for the benefit of the Lenders Secured Creditors a legal, valid and enforceable security interest in all right, title and interest of Borrower each Credit Party in the Collateral, and the Security Agreement, together with the timely filings of Form UCC-1 creates a fully perfected first lien on, and security interest in, all right, title and interest of Borrower each Credit Party in all of the Collateral (other than trademarks, patents and copyrights) described therein, subject to no other Liens other than Permitted Liens. The recordation in the United States Patent and Trademark Office and in the United States copyright office Copyright Office of assignments for grants of security interests made pursuant to the Security Agreement, together with filings on Form UCC-1 made pursuant to the Security Agreement, will be effective, under Federal law, to perfect the security interest granted to Agent in the registered trademarks, patents and copyrights covered by the Security Agreement, and the filing of an assignment for grants of security interests made pursuant to the Security Agreement, with the United States Copyright Office together with filings on Form UCC-1 made pursuant to the Security Agreement, will be effective under Federal law to perfect the security interest granted to Collateral Agent in the registered copyrights covered by the Security Agreement. Each Credit Party has good and marketable title to, or rights in, all Security Agreement Collateral, free and clear of all Liens except Permitted Liens.

Security Agreement Collateral. The provisions of the Security Agreement are effective to create in favor of Collateral Agent for the benefit of the Lenders Secured Creditors a legal, valid and enforceable security interest in all right, title and interest of Borrower each Credit Party in the Collateral, and the Security Agreement, together with the timely filings of Form UCC-1 creates a fully perfected first lien on, and security interest in, all right, title and interest of Borrower each Credit Party in all of the Collateral described therein, subject to no other Liens other than Permitted Liens. The recordation in the United States Patent and Trademark Office and in the United States copyright office Copyright Office of assignments for security made pursuant to the Security Agreement, together with filings on Form UCC-1 made pursuant to the Security Agreement, will be effective, under Federal law, to perfect the security interest granted to Administrative Agent in the trademarks, patents and copyrights covered by the Security Agreement, and the filing of an assignment for security made pursuant to the Security Agreement, with the United States Copyright Office together with filings on Form UCC-1 made pursuant to the Security Agreement, will be effective under Federal law to perfect the security interest granted to Collateral Agent in the copyrights covered by the Security Agreement. Each Credit Party has good and marketable title to, or rights in, all Security Agreement Collateral, free and clear of all Liens except Permitted Liens.

Security Agreement Collateral. The provisions of the Security Agreement Agreements upon execution and delivery thereof are effective to create in favor of the Collateral Agent for the benefit of the Lenders Secured Creditors a legal, valid and enforceable security interest in all right, title and interest of Borrower the applicable Credit Party in the CollateralCollateral (other than the Collateral described in the Mortgages) owned by such Credit Party, and the Security AgreementAgreements, together with the timely filings of Form UCC-1 creates (or other similar filing, if any) in all relevant jurisdictions and delivery of all possessory collateral create a fully perfected first lien on, and security interest inin (or similar interest in respect of), all right, title and interest of the Borrower and such Credit Parties in all of the Collateral described therein, subject to no other Liens other than Permitted Liens. All such Liens are fully perfected Liens (or similar legal status). The recordation in the United States Patent and Trademark Office and in the United States copyright office Copyright Office of assignments for security made pursuant to the Security Agreement, together with filings on Form UCC-1 made pursuant to the Security Agreement, Agreements will be effective, under Federal law, to perfect the security interest granted to the Collateral Agent for the benefit of the Secured Creditors in the trademarks, patents and copyrights covered by such the Security AgreementAgreements. Each Credit Party has good and marketable title to, or rights in, all Security Agreement Collateral, free and the filing clear of an assignment for security made pursuant to the Security Agreement, with the United States Copyright Office together with filings on Form UCC-1 made pursuant to the Security Agreement, will be effective under Federal law to perfect the security interest granted to Agent in the copyrights covered by the Security Agreementall Liens except Permitted Liens.

Security Agreement Collateral. The provisions of the Security Agreement are effective to create in favor of Collateral Agent for the benefit of the Lenders Secured Creditors a legal, valid and enforceable security interest in all right, title and interest of Borrower each Credit Party in the Collateral, and the Security Agreement, together with the timely filings of Form UCC-1 creates a fully perfected first lien on, and security interest in, all right, title and interest of Borrower each Credit Party in all of the Collateral (other than trademarks, patents and copyrights) described therein, subject to no other Liens other than Permitted Liens. The recordation in the United States Patent and Trademark Office and in the United States copyright office Copyright Office of assignments for grants of security interests made pursuant to the Security Agreement, together with filings on Form UCC-1 made pursuant to the Security Agreement, will be effective, under Federal law, to perfect the 102 109 security interest granted to Agent in the registered trademarks, patents and copyrights covered by the Security Agreement, and the filing of an assignment for grants of security interests made pursuant to the Security Agreement, with the United States Copyright Office together with filings on Form UCC-1 made pursuant to the Security Agreement, will be effective under Federal law to perfect the security interest granted to Collateral Agent in the registered copyrights covered by the Security Agreement. Each Credit Party has good and marketable title to, or rights in, all Security Agreement Collateral, free and clear of all Liens except Permitted Liens.