Common use of Valid Liens Clause in Contracts

Valid Liens. Each Security Instrument delivered pursuant to Section 6.01, Section 8.12, Section 8.14 or Section 8.20, upon execution and delivery thereof, is effective to create in favor of the Administrative Agent, for the benefit of the Secured Parties, legal, valid and enforceable Liens on, and security interests in, all of the Collateral thereunder, and (i) when financing statements and other filings in appropriate form are filed or recorded in the appropriate offices as are required by the Guaranty and Collateral Agreement and Schedule 7.19, and (ii) upon the taking of possession or control by the Administrative Agent of the Collateral with respect to which a security interest may be perfected only by possession or control, the Liens created by such Security Instrument will constitute fully perfected first priority Liens on, and security interests in, all right, title and interest of the Loan Parties in such Collateral (other than such Collateral in which a Lien or security interest cannot be perfected by filing, possession or control under the Uniform Commercial Code as in effect at the relevant time in the relevant jurisdiction), in each case with no other Liens except for Liens permitted under Section 9.03.

Valid Liens. Each Security Instrument Document delivered pursuant to Section 6.01, Section 8.12, Section 8.14 or Section 8.206.13 will, upon execution and delivery thereof, is be effective to create in favor of the Administrative Collateral Agent, for the benefit of the Secured Parties, legal, valid and enforceable Liens on, and security interests in, all of the Loan Parties’ right, title and interest in and to the Collateral thereunder, and (i) when financing statements and other all appropriate filings in appropriate form or recordings are filed or recorded made in the appropriate offices as are may be required by the Guaranty and Collateral Agreement and Schedule 7.19, under applicable law and (ii) upon the taking of possession or control by the Administrative Collateral Agent of the such Collateral with respect to which a security interest may be perfected only by possession or controlcontrol (which possession or control shall be given to the Collateral Agent to the extent required by any Security Document), the Liens created by such Security Instrument Document will constitute fully perfected first priority Liens on, and security interests in, all right, title and interest of the Loan Parties in such Collateral (other than such Collateral in which a Lien or security interest cannot be granted or cannot be perfected by filingfiling financing statements, possession or control (to the extent required by the Security Agreement) under the Uniform Commercial Code as in effect at the relevant time in the relevant jurisdictionUCC), in each case with subject to no Liens other Liens except for Liens permitted under Section 9.03than Permitted Liens.

Valid Liens. Each Security Instrument Document delivered pursuant to Section 6.01, Section 8.12, Section 8.14 or Section 8.206.13 will, upon execution and delivery thereof, is be effective to create in favor of the Administrative Collateral Agent, for the benefit of the Secured Parties, legal, valid and enforceable Liens on, and security interests in, all of the Loan Parties’ right, title and interest in and to the Collateral thereunder, and (i) when financing statements and other all appropriate filings in appropriate form or recordings are filed or recorded made in the appropriate offices as are may be required by the Guaranty and Collateral Agreement and Schedule 7.19, under applicable law and (ii) upon the taking of possession or control by the Administrative Collateral Agent of the such Collateral with respect to which a security interest may be perfected only by possession or controlcontrol (which possession or control shall be given to the Collateral Agent to the extent required by any Security Document), the Liens created by such Security Instrument Document will constitute fully perfected first priority Liens on, and security interests in, all right, title and interest of the Loan Parties in such Collateral (other than such Collateral in which a Lien or security interest cannot be granted or cannot be perfected by filing, possession or control filing financing statements under the Uniform Commercial Code as in effect at the relevant time in the relevant jurisdictionUCC), in each case with subject to no Liens other Liens except for Liens permitted under Section 9.03than Permitted Liens.

Valid Liens. Each Security Instrument delivered pursuant to Section 6.01, Section 8.12, Section 8.14 or 8.14, and Section 8.20, 8.20 upon execution and delivery thereof, is effective to create in favor of the Administrative Agent, for the benefit of the Secured Parties, legal, valid and enforceable Liens on, and security interests in, all of the Collateral thereunder, and (i) when financing statements and other filings in appropriate form are filed or recorded in the appropriate offices as are required by the Guaranty and Collateral Agreement and Schedule 7.19, and (ii) upon the taking of possession or control by the Administrative Agent (or the Revolver Administrative Agent as gratuitous bailee under the Intercreditor Agreement) of the Collateral with respect to which a security interest may be perfected only by possession or control, the Liens created by such Security Instrument will constitute fully perfected first priority Liens on, and security interests in, all right, title and interest of the Loan Parties in such Collateral (other than such Collateral in which a Lien or security interest cannot be perfected by filing, possession or control under the Uniform Commercial Code as in effect at the relevant time in the relevant jurisdiction), in each case with no other Liens except for Liens permitted under Section 9.03.

Valid Liens. Each Security Instrument delivered pursuant to Section 6.01, Section 8.12, Section 8.14 8.05 or Section 8.208.07, upon execution and delivery thereof, is effective to create in favor of the Administrative Agent, for the benefit of the Secured Parties, legal, valid and enforceable Liens on, and security interests in, all of the Collateral thereunderdescribed therein, and (i) when financing statements and other filings in appropriate form are filed or recorded in the appropriate offices as are required by the Guaranty and Collateral Agreement and Schedule 7.19such Security Instrument, and (ii) upon the taking of possession or control by the Administrative Agent of the Collateral described therein with respect to which a security interest may be perfected only by possession or control, the Liens created by such Security Instrument will constitute fully perfected first priority Liens on, and security interests in, all right, title and interest of the Loan Parties Obligors that are parties to such Security Instrument in such Collateral (other than such Collateral in which a Lien or security interest cannot be perfected by filing, possession or control under the Uniform Commercial Code as in effect at the relevant time in the relevant jurisdiction), in each case with no free of all Liens other Liens except for Liens permitted under Section 9.03than Permitted Liens.