Common use of Valid Liens Clause in Contracts

Valid Liens. Borrower and SDFC hereby acknowledge and agree that the liens and security interests of the Loan Documents, as modified by the transactions herein contemplated, are valid and subsisting liens and security interests and are superior to all liens and security interests other than those exceptions approved by Lender in writing. Nothing herein contained shall affect or impair the validity or priority of the liens and security interests under the Loan Documents.

Valid Liens. Borrower hereby acknowledges and SDFC hereby acknowledge and agree agrees that the liens ----------- and security interests of the Loan Documents, as modified by the transactions herein contemplated, Documents are valid and subsisting liens and security interests and are superior to all liens and security interests other than those exceptions approved by Lender in writing. Nothing herein contained shall affect or impair the validity or priority of the liens and security interests under the Loan Documents.

Valid Liens. Borrower hereby acknowledges and SDFC hereby acknowledge and agree agrees that the liens ------------ and security interests of the Loan Documents, as modified by the transactions herein contemplated, Documents are valid and subsisting liens and security interests and are superior to all liens and security interests other than those exceptions approved by Lender in writing. Nothing herein contained shall affect or impair the validity or priority of the liens and security interests under the Loan Documents.