{"component": "clause", "props": {"groups": [{"snippet": "Each Collateral Document delivered pursuant to Sections 4.02, 6.11 and 6.13 will, upon execution and delivery thereof, be effective to create in favor of the Collateral Agent for the benefit of the Secured Parties, legal, valid and enforceable Liens on, and security interests in, the Collateral described therein to the extent intended to be created thereby and (i) when financing statements and other filings in appropriate form are filed in the offices specified on Schedule 4 to the Perfection Certificate and (ii) upon the taking of possession or control by the Collateral Agent of such Collateral with respect to which a security interest may be perfected only by possession or control (which possession or control shall be given to the Collateral Agent to the extent possession or control by the Collateral Agent is required by the Security Agreement), the Liens created by the Collateral Documents shall constitute fully perfected Liens on, and security interests in (to the extent intended to be created thereby), all right, title and interest of the grantors in such Collateral to the extent perfection can be obtained by filing financing statements, in each case subject to no Liens other than Liens permitted hereunder.", "samples": [{"hash": "81dHtPV29kZ", "uri": "/contracts/81dHtPV29kZ#valid-liens", "label": "Credit Agreement (SeaWorld Entertainment, Inc.)", "score": 31.6064338684, "published": true}, {"hash": "9dhJypaIL9p", "uri": "/contracts/9dhJypaIL9p#valid-liens", "label": "Credit Agreement (SeaWorld Entertainment, Inc.)", "score": 31.3490753174, "published": true}, {"hash": "1gFf5mlWohg", "uri": "/contracts/1gFf5mlWohg#valid-liens", "label": "Credit Agreement (SeaWorld Entertainment, Inc.)", "score": 29.8323059082, "published": true}], "size": 95, "snippet_links": [{"key": "pursuant-to-sections", "type": "clause", "offset": [35, 55]}, {"key": "execution-and-delivery", "type": "clause", "offset": [87, 109]}, {"key": "in-favor-of", "type": "clause", "offset": [142, 153]}, {"key": "benefit-of-the-secured-parties", "type": "clause", "offset": [183, 213]}, {"key": "enforceable-liens", "type": "clause", "offset": [232, 249]}, {"key": "security-interests", "type": "clause", "offset": [258, 276]}, {"key": "to-the-extent", "type": "clause", "offset": [314, 327]}, {"key": "financing-statements-and-other-filings", "type": "clause", "offset": [372, 410]}, {"key": "appropriate-form", "type": "clause", "offset": [414, 430]}, {"key": "schedule-4", "type": "definition", "offset": [469, 479]}, {"key": "perfection-certificate", "type": "definition", "offset": [487, 509]}, {"key": "control-by-the-collateral-agent", "type": "clause", "offset": [552, 583]}, {"key": "with-respect-to", "type": "clause", "offset": [603, 618]}, {"key": "required-by", "type": "definition", "offset": [823, 834]}, {"key": "the-security-agreement", "type": "clause", "offset": [835, 857]}, {"key": "created-by", "type": "definition", "offset": [870, 880]}, {"key": "the-collateral-documents", "type": "clause", "offset": [881, 905]}, {"key": "perfected-liens", "type": "clause", "offset": [929, 944]}, {"key": "title-and-interest", "type": "clause", "offset": [1034, 1052]}, {"key": "the-grantors", "type": "clause", "offset": [1056, 1068]}, {"key": "filing-financing-statements", "type": "clause", "offset": [1132, 1159]}, {"key": "each-case", "type": "definition", "offset": [1164, 1173]}, {"key": "subject-to", "type": "definition", "offset": [1174, 1184]}, {"key": "no-liens", "type": "clause", "offset": [1185, 1193]}], "hash": "405e8f91487adc0a0948ed7c1eb95420", "id": 1}, {"snippet": "Each Security Document delivered pursuant to Sections 5.11 and 5.12 will, upon execution and delivery thereof, be effective to create in favor of the Collateral Agent, for the benefit of the Secured Parties, legal, valid and enforceable Liens on, and security interests in, all of the Loan Parties\u2019 right, title and interest in and to the Collateral thereunder, and (i) when all appropriate filings or recordings are made in the appropriate offices as may be required under applicable law and (ii) upon the taking of possession or control by the Collateral Agent of such Collateral with respect to which a security interest may be perfected only by possession or control (which possession or control shall be given to the Collateral Agent to the extent required by any Security Document), such Security Document will constitute fully perfected Liens on, and security interests in, all right, title and interest of the Loan Parties in such Collateral, in each case subject to no Liens other than the applicable Permitted Collateral Liens.", "samples": [{"hash": "2sSlelyDy2x", "uri": "/contracts/2sSlelyDy2x#valid-liens", "label": "Credit Agreement (TiVo Corp)", "score": 28.0691299438, "published": true}, {"hash": "8tHaTB2wpoR", "uri": "/contracts/8tHaTB2wpoR#valid-liens", "label": "Credit Agreement (Rovi Corp)", "score": 25.5010261536, "published": true}, {"hash": "945GKRekIYI", "uri": "/contracts/945GKRekIYI#valid-liens", "label": "Credit Agreement (Mattress Firm Holding Corp.)", "score": 25.1724853516, "published": true}], "size": 65, "snippet_links": [{"key": "security-document", "type": "definition", "offset": [5, 22]}, {"key": "pursuant-to-sections", "type": "clause", "offset": [33, 53]}, {"key": "execution-and-delivery", "type": "clause", "offset": [79, 101]}, {"key": "in-favor-of", "type": "clause", "offset": [134, 145]}, {"key": "benefit-of-the-secured-parties", "type": "clause", "offset": [176, 206]}, {"key": "enforceable-liens", "type": "clause", "offset": [225, 242]}, {"key": "security-interests", "type": "clause", "offset": [251, 269]}, {"key": "the-loan-parties", "type": "clause", "offset": [281, 297]}, {"key": "title-and-interest", "type": "clause", "offset": [306, 324]}, {"key": "applicable-law", "type": "definition", "offset": [474, 488]}, {"key": "control-by-the-collateral-agent", "type": "clause", "offset": [531, 562]}, {"key": "with-respect-to", "type": "clause", "offset": [582, 597]}, {"key": "to-the-extent", "type": "clause", "offset": [739, 752]}, {"key": "required-by", "type": "definition", "offset": [753, 764]}, {"key": "such-security", "type": "definition", "offset": [789, 802]}, {"key": "perfected-liens", "type": "clause", "offset": [834, 849]}, {"key": "interest-of-the-loan", "type": "clause", "offset": [902, 922]}, {"key": "each-case", "type": "definition", "offset": [954, 963]}, {"key": "subject-to", "type": "definition", "offset": [964, 974]}, {"key": "no-liens", "type": "clause", "offset": [975, 983]}, {"key": "the-applicable", "type": "clause", "offset": [995, 1009]}, {"key": "permitted-collateral-liens", "type": "definition", "offset": [1010, 1036]}], "hash": "40478c9407d88e757451680b7f89d2cc", "id": 2}, {"snippet": "Each Collateral Document delivered pursuant to \u200eSection 4.01 and Sections \u200e6.11, \u200e6.13 and \u200e6.16 will, upon execution and delivery thereof, be effective to create in favor of the Collateral Agent for the benefit of the Secured Parties, legal, valid and enforceable Liens on, and security interests in, the Collateral described therein to the extent intended to be created thereby, and (i) when financing statements and other filings in appropriate form are filed in the offices specified on Schedule 4 to the Perfection Certificate and (ii) upon the taking of possession or control by the Collateral Agent of such Collateral with respect to which a security interest may be perfected only by possession or control (which possession or control shall be given to the Collateral Agent to the extent possession or control by the Collateral Agent is required by the Security Agreement), the Liens created by the Collateral Documents (other than the Mortgages) shall constitute fully perfected Liens on, and security interests in (to the extent intended to be created thereby), all right, title and interest of the grantors in such Collateral to the extent perfection can be obtained by filing financing statements or the taking of possession or control, in each case subject to no Liens other than Liens permitted by \u200eSection 7.01.", "samples": [{"hash": "5NaNDonu3yc", "uri": "/contracts/5NaNDonu3yc#valid-liens", "label": "Credit Agreement (Alight, Inc. / Delaware)", "score": 35.4284744263, "published": true}, {"hash": "7VT9GIuM1vn", "uri": "/contracts/7VT9GIuM1vn#valid-liens", "label": "Credit Agreement (Alight, Inc. / Delaware)", "score": 34.8316230774, "published": true}, {"hash": "eVKg0N6eNC6", "uri": "/contracts/eVKg0N6eNC6#valid-liens", "label": "Credit Agreement (Alight, Inc. / Delaware)", "score": 34.716632843, "published": true}], "size": 41, "snippet_links": [{"key": "pursuant-to", "type": "definition", "offset": [35, 46]}, {"key": "execution-and-delivery", "type": "clause", "offset": [108, 130]}, {"key": "in-favor-of", "type": "clause", "offset": [163, 174]}, {"key": "benefit-of-the-secured-parties", "type": "clause", "offset": [204, 234]}, {"key": "enforceable-liens", "type": "clause", "offset": [253, 270]}, {"key": "security-interests", "type": "clause", "offset": [279, 297]}, {"key": "to-the-extent", "type": "clause", "offset": [335, 348]}, {"key": "financing-statements-and-other-filings", "type": "clause", "offset": [394, 432]}, {"key": "appropriate-form", "type": "clause", "offset": [436, 452]}, {"key": "schedule-4", "type": "definition", "offset": [491, 501]}, {"key": "perfection-certificate", "type": "definition", "offset": [509, 531]}, {"key": "control-by-the-collateral-agent", "type": "clause", "offset": [574, 605]}, {"key": "with-respect-to", "type": "clause", "offset": [625, 640]}, {"key": "required-by", "type": "definition", "offset": [845, 856]}, {"key": "the-security-agreement", "type": "clause", "offset": [857, 879]}, {"key": "created-by", "type": "definition", "offset": [892, 902]}, {"key": "the-collateral-documents", "type": "clause", "offset": [903, 927]}, {"key": "the-mortgages", "type": "clause", "offset": [940, 953]}, {"key": "perfected-liens", "type": "clause", "offset": [978, 993]}, {"key": "title-and-interest", "type": "clause", "offset": [1083, 1101]}, {"key": "the-grantors", "type": "clause", "offset": [1105, 1117]}, {"key": "filing-financing-statements", "type": "clause", "offset": [1181, 1208]}, {"key": "each-case", "type": "definition", "offset": [1252, 1261]}, {"key": "subject-to", "type": "definition", "offset": [1262, 1272]}, {"key": "no-liens", "type": "clause", "offset": [1273, 1281]}], "hash": "65485368158fb79a65674d58dcc7e698", "id": 3}, {"snippet": "Each Collateral Document delivered pursuant to Sections 6.11 and 6.13 will, upon execution and delivery thereof, be effective to create in favor of the Collateral Agent, for the benefit of the Secured Parties, legal, valid and enforceable Liens on, and security interests in (to the extent intended to be created thereby), all of the Loan Parties\u2019 right, title and interest in and to the Collateral thereunder and (i) when all appropriate filings, recordings, registrations or notifications are made as may be required under applicable Law and (ii) upon the taking of possession or control by the Collateral Agent of such Collateral with respect to which a security interest may be perfected only by possession or control (which possession or control shall be given to the Collateral Agent to the extent required by any such Collateral Document), such Collateral Document will constitute fully perfected Liens on, and security interests in, all right, title and interest of the Loan Parties in such Collateral (to the extent required thereby), in each case subject to no Liens other than Liens permitted hereunder.", "samples": [{"hash": "gEFgG2M2KWk", "uri": "/contracts/gEFgG2M2KWk#valid-liens", "label": "Credit Agreement (Nielsen Holdings PLC)", "score": 31.5544147491, "published": true}, {"hash": "b6cjPQfT8IJ", "uri": "/contracts/b6cjPQfT8IJ#valid-liens", "label": "Credit Agreement (Nielsen Holdings PLC)", "score": 31.4229984283, "published": true}, {"hash": "jthnJOaXfPG", "uri": "/contracts/jthnJOaXfPG#valid-liens", "label": "Credit Agreement (Nielsen Holdings PLC)", "score": 29.5092411041, "published": true}], "size": 31, "snippet_links": [{"key": "collateral-document", "type": "clause", "offset": [5, 24]}, {"key": "pursuant-to-sections", "type": "clause", "offset": [35, 55]}, {"key": "execution-and-delivery", "type": "clause", "offset": [81, 103]}, {"key": "in-favor-of", "type": "clause", "offset": [136, 147]}, {"key": "benefit-of-the-secured-parties", "type": "clause", "offset": [178, 208]}, {"key": "enforceable-liens", "type": "clause", "offset": [227, 244]}, {"key": "security-interests", "type": "clause", "offset": [253, 271]}, {"key": "to-the-extent", "type": "clause", "offset": [276, 289]}, {"key": "the-loan-parties", "type": "clause", "offset": [330, 346]}, {"key": "title-and-interest", "type": "clause", "offset": [355, 373]}, {"key": "applicable-law", "type": "definition", "offset": [525, 539]}, {"key": "control-by-the-collateral-agent", "type": "clause", "offset": [582, 613]}, {"key": "with-respect-to", "type": "clause", "offset": [633, 648]}, {"key": "required-by", "type": "definition", "offset": [804, 815]}, {"key": "perfected-liens", "type": "clause", "offset": [894, 909]}, {"key": "interest-of-the-loan", "type": "clause", "offset": [962, 982]}, {"key": "each-case", "type": "definition", "offset": [1047, 1056]}, {"key": "subject-to", "type": "definition", "offset": [1057, 1067]}, {"key": "no-liens", "type": "clause", "offset": [1068, 1076]}], "hash": "9a743bdd626f80626244ebad559c2753", "id": 4}, {"snippet": "Subject to Section 4.01(k), each Security Document delivered pursuant to Article IV, Section 5.10, and Section 5.11 will, upon execution and delivery thereof, be effective to create in favor of the Collateral Agent, for its benefit and the benefit of the other Secured Parties, legal, valid and enforceable Liens on, and security interests in, all of the Credit Parties\u2019 right, title and interest in and to the Collateral thereunder under applicable Requirements of Law (to the extent required hereunder and thereunder), except as such enforceability may be limited by Debtor Relief Laws and by general principles of equity and capital maintenance rules and (i) when appropriate filings or recordings are made in the appropriate offices as may be required under applicable Requirements of Law (to the extent required hereunder and thereunder), and (ii) upon the taking of possession, control or other action by the Collateral Agent of such Collateral with respect to which a security interest may be perfected only by possession, control or other action (which possession, control or other action shall be given to the Collateral Agent or taken by the Collateral Agent to the extent required by any Security Document), the Liens in favor of Collateral Agent will, to the extent required by the Loan Documents (including the Security Documents), constitute fully perfected Liens on, and security interests in, all right, title and interest of the Credit Parties in such Collateral, in each case under applicable Requirements of Law (to the extent required hereunder and thereunder), subject to no Liens other than the applicable Permitted Liens.", "samples": [{"hash": "3MOrAQ7YXKk", "uri": "/contracts/3MOrAQ7YXKk#valid-liens", "label": "Credit Agreement (Ping Identity Holding Corp.)", "score": 32.9123878479, "published": true}, {"hash": "cH66ilntSIf", "uri": "/contracts/cH66ilntSIf#valid-liens", "label": "Assumption Agreement and Amendment No. 2 (iCIMS Holding LLC)", "score": 32.6303901672, "published": true}, {"hash": "7oJVym95cEm", "uri": "/contracts/7oJVym95cEm#valid-liens", "label": "Credit Agreement (iCIMS Holding LLC)", "score": 32.6303901672, "published": true}], "size": 28, "snippet_links": [{"key": "subject-to-section", "type": "clause", "offset": [0, 18]}, {"key": "article-iv", "type": "definition", "offset": [73, 83]}, {"key": "execution-and-delivery", "type": "clause", "offset": [127, 149]}, {"key": "in-favor-of", "type": "clause", "offset": [182, 193]}, {"key": "the-benefit", "type": "clause", "offset": [236, 247]}, {"key": "other-secured-parties", "type": "definition", "offset": [255, 276]}, {"key": "enforceable-liens", "type": "clause", "offset": [295, 312]}, {"key": "security-interests", "type": "clause", "offset": [321, 339]}, {"key": "the-credit-parties", "type": "clause", "offset": [351, 369]}, {"key": "title-and-interest", "type": "clause", "offset": [378, 396]}, {"key": "applicable-requirements-of-law", "type": "definition", "offset": [439, 469]}, {"key": "to-the-extent", "type": "clause", "offset": [471, 484]}, {"key": "debtor-relief-laws", "type": "clause", "offset": [569, 587]}, {"key": "general-principles", "type": "definition", "offset": [595, 613]}, {"key": "maintenance-rules", "type": "clause", "offset": [636, 653]}, {"key": "taking-of-possession", "type": "clause", "offset": [862, 882]}, {"key": "action-by-the-collateral-agent", "type": "clause", "offset": [901, 931]}, {"key": "with-respect-to", "type": "clause", "offset": [951, 966]}, {"key": "required-by", "type": "definition", "offset": [1183, 1194]}, {"key": "the-liens", "type": "clause", "offset": [1219, 1228]}, {"key": "the-loan-documents", "type": "clause", "offset": [1290, 1308]}, {"key": "the-security-documents", "type": "clause", "offset": [1320, 1342]}, {"key": "perfected-liens", "type": "clause", "offset": [1362, 1377]}, {"key": "each-case", "type": "definition", "offset": [1484, 1493]}, {"key": "no-liens", "type": "clause", "offset": [1593, 1601]}, {"key": "the-applicable", "type": "clause", "offset": [1613, 1627]}, {"key": "permitted-liens", "type": "definition", "offset": [1628, 1643]}], "hash": "60ba56d876dabb3857a69d0c8def690f", "id": 5}, {"snippet": "Each Security Document (other than the Mortgages) is, or on execution and delivery thereof by the parties thereto will be, effective to create (to the extent described therein) in favor of the Collateral Agent for the benefit of the Secured Parties, legal, valid and enforceable Liens on, or security interests in, the Collateral described therein to the extent required by the terms thereof, except as such enforceability may be limited by bankruptcy, insolvency, reorganization, receivership, moratorium or other Laws affecting creditors\u2019 rights generally and by general principles of equity.\n(a) When financing statements and other filings in appropriate form are filed in the offices of the Secretary of State of each Loan Party\u2019s jurisdiction of organization or formation and applicable documents are filed and recorded in the United States Copyright Office and the United States Patent and Trademark Office, and (b) upon the taking of possession or control by the Collateral Agent of such Collateral with respect to which a security interest may be perfected only by possession or control (which possession or control shall be given to the Collateral Agent to the extent possession or control by the Collateral Agent is required by the Security Agreement), the Liens created by the Security Documents (other than the Mortgages) shall constitute to the extent required by the terms thereof fully perfected Liens on, and security interests in, all right, title and interest of the grantors in such Collateral, in each case free and clear of any Liens other than Permitted Liens.", "samples": [{"hash": "8t5pMaA4UTs", "uri": "/contracts/8t5pMaA4UTs#valid-liens", "label": "Incremental Commitment Amendment (Warner Music Group Corp.)", "score": 35.7104721069, "published": true}, {"hash": "gQY3IubcXZz", "uri": "/contracts/gQY3IubcXZz#valid-liens", "label": "Credit Agreement (Warner Music Group Corp.)", "score": 35.1026687622, "published": true}, {"hash": "9jWdtANLyTa", "uri": "/contracts/9jWdtANLyTa#valid-liens", "label": "Incremental Commitment Amendment (Warner Music Group Corp.)", "score": 35.0616035461, "published": true}], "size": 22, "snippet_links": [{"key": "the-mortgages", "type": "clause", "offset": [35, 48]}, {"key": "execution-and-delivery", "type": "clause", "offset": [60, 82]}, {"key": "by-the-parties", "type": "clause", "offset": [91, 105]}, {"key": "to-the-extent", "type": "clause", "offset": [144, 157]}, {"key": "in-favor-of", "type": "clause", "offset": [177, 188]}, {"key": "benefit-of-the-secured-parties", "type": "clause", "offset": [218, 248]}, {"key": "enforceable-liens", "type": "clause", "offset": [267, 284]}, {"key": "security-interests", "type": "clause", "offset": [292, 310]}, {"key": "required-by", "type": "definition", "offset": [362, 373]}, {"key": "the-terms", "type": "clause", "offset": [374, 383]}, {"key": "other-laws", "type": "clause", "offset": [509, 519]}, {"key": "rights-generally", "type": "clause", "offset": [541, 557]}, {"key": "general-principles", "type": "definition", "offset": [565, 583]}, {"key": "financing-statements-and-other-filings", "type": "clause", "offset": [604, 642]}, {"key": "appropriate-form", "type": "clause", "offset": [646, 662]}, {"key": "state-of", "type": "definition", "offset": [708, 716]}, {"key": "each-loan-party", "type": "definition", "offset": [717, 732]}, {"key": "jurisdiction-of-organization", "type": "clause", "offset": [735, 763]}, {"key": "applicable-documents", "type": "definition", "offset": [781, 801]}, {"key": "in-the-united-states", "type": "clause", "offset": [825, 845]}, {"key": "copyright-office", "type": "definition", "offset": [846, 862]}, {"key": "united-states-patent-and-trademark-office", "type": "clause", "offset": [871, 912]}, {"key": "control-by-the-collateral-agent", "type": "clause", "offset": [955, 986]}, {"key": "with-respect-to", "type": "clause", "offset": [1006, 1021]}, {"key": "the-security-agreement", "type": "clause", "offset": [1238, 1260]}, {"key": "created-by", "type": "definition", "offset": [1273, 1283]}, {"key": "the-security-documents", "type": "clause", "offset": [1284, 1306]}, {"key": "perfected-liens", "type": "clause", "offset": [1401, 1416]}, {"key": "and-security", "type": "clause", "offset": [1421, 1433]}, {"key": "title-and-interest", "type": "clause", "offset": [1459, 1477]}, {"key": "the-grantors", "type": "clause", "offset": [1481, 1493]}, {"key": "each-case", "type": "definition", "offset": [1517, 1526]}, {"key": "free-and-clear", "type": "definition", "offset": [1527, 1541]}, {"key": "permitted-liens", "type": "definition", "offset": [1566, 1581]}], "hash": "f3082411432fe032c95a904ca7244a97", "id": 6}, {"snippet": "Each Security Document delivered after the Closing Date pursuant to Sections 6.12 and 6.13 will, upon execution and delivery thereof, be effective to create in favor of the Collateral Agent, for the benefit of the Secured Parties, legal, valid and enforceable Liens on, and security interests in, all of the Loan Parties\u2019 right, title and interest in and to the Collateral thereunder, and when all appropriate filings or recordings are made in the appropriate offices as may be required under applicable law, such Security Document will constitute fully perfected Liens on, and security interests in, all right, title and interest of the Loan Parties in such Collateral, in each case subject to no Liens other than Liens permitted pursuant to Section 7.1.", "samples": [{"hash": "e8bfkT5T8Nl", "uri": "/contracts/e8bfkT5T8Nl#valid-liens", "label": "Credit Agreement", "score": 29.3408622742, "published": true}, {"hash": "aQ7EB0GouRF", "uri": "/contracts/aQ7EB0GouRF#valid-liens", "label": "Credit Agreement (Davita Healthcare Partners Inc.)", "score": 25.5804252625, "published": true}, {"hash": "kfGMzuWc9pY", "uri": "/contracts/kfGMzuWc9pY#valid-liens", "label": "Credit Agreement (Davita Inc)", "score": 23.6557159424, "published": true}], "size": 17, "snippet_links": 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569]}, {"key": "interest-of-the-loan", "type": "clause", "offset": [622, 642]}, {"key": "each-case", "type": "definition", "offset": [674, 683]}, {"key": "subject-to", "type": "definition", "offset": [684, 694]}, {"key": "no-liens", "type": "clause", "offset": [695, 703]}, {"key": "section-71", "type": "clause", "offset": [743, 754]}], "hash": "abb2b243f3d32942107431311ba5d63e", "id": 7}, {"snippet": "Each Security Document delivered pursuant to Sections 5.10 and 5.11, 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 its and its Restricted Subsidiaries\u2019 right, title and interest in and to the Collateral thereunder, and when all appropriate filings or recordings are made in the appropriate offices as may be required under applicable Governmental Requirements, such Security Document will constitute First Priority fully perfected Liens on, and security interests in, all right, title and interest of it and its Restricted Subsidiaries in such Collateral, in each case with no other Liens except for Permitted Encumbrances.", "samples": [{"hash": "hPgfUHf6CdS", "uri": "/contracts/hPgfUHf6CdS#valid-liens", "label": "Credit Agreement (Genesis Energy Lp)", "score": 35.5817947388, "published": true}, {"hash": "3GA3JNcfnQ3", "uri": "/contracts/3GA3JNcfnQ3#valid-liens", "label": "Credit Agreement (Genesis Energy Lp)", "score": 34.1444206238, "published": true}, {"hash": "7RtxSf0LjHy", "uri": "/contracts/7RtxSf0LjHy#valid-liens", "label": "Fifth Amended and Restated Credit Agreement (Genesis Energy Lp)", "score": 33.5831604004, "published": true}], "size": 13, "snippet_links": [{"key": "security-document", "type": "definition", "offset": [5, 22]}, {"key": "pursuant-to-sections", "type": "clause", "offset": [33, 53]}, {"key": "execution-and-delivery", "type": "clause", "offset": [74, 96]}, {"key": "in-favor-of", "type": "clause", "offset": [129, 140]}, {"key": "the-administrative-agent", "type": "clause", "offset": [141, 165]}, {"key": "benefit-of-the-secured-parties", "type": "clause", "offset": [175, 205]}, {"key": "enforceable-liens", "type": "clause", "offset": [224, 241]}, {"key": "security-interests", "type": "clause", "offset": [250, 268]}, {"key": "restricted-subsidiaries", "type": "definition", "offset": [292, 315]}, {"key": "title-and-interest", "type": "clause", "offset": [324, 342]}, {"key": "the-collateral", "type": "clause", "offset": [353, 367]}, {"key": "applicable-governmental-requirements", "type": "clause", "offset": [488, 524]}, {"key": "such-security", "type": "definition", "offset": [526, 539]}, {"key": "first-priority", "type": "definition", "offset": [565, 579]}, {"key": "perfected-liens", "type": "clause", "offset": [586, 601]}, {"key": "each-case", "type": "definition", "offset": [724, 733]}, {"key": "no-other-liens", "type": "clause", "offset": [739, 753]}, {"key": "except-for-permitted-encumbrances", "type": "clause", "offset": [754, 787]}], "hash": "73920aff7e309b39d72d65e029bf5dd2", "id": 8}, {"snippet": "Each Security Document delivered pursuant to Sections 5.10 and 5.11 will, upon execution and delivery thereof, be effective to create in favor of the Collateral Agent, for the benefit of the Secured Parties, legal, valid and enforceable Liens on, and security interests in, all of the Loan Parties\u2019 right, title and interest in and to the Collateral thereunder to the extent that Liens thereon and security interests therein can be created under the UCC, and (i) when all appropriate filings are made in the appropriate UCC filing offices as may be required under the UCC and (ii) upon the taking of possession or control by the Collateral Agent of such Collateral with respect to which a security interest may be perfected only by possession or control (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 Document will constitute fully perfected Liens on, and security interests in, all right, title and interest of the Loan Parties in such Collateral to the extent that such Liens and security interests can be perfected under the UCC by the filing of financing statements and the taking of possession or control (excluding Collateral as to which the provision of possession or control is not required under the Security Agreement), in each case subject to no Liens other than the applicable Permitted Liens.", "samples": [{"hash": "dyJIpP4iAvc", "uri": "/contracts/dyJIpP4iAvc#valid-liens", "label": "Credit Agreement (CSG Systems International Inc)", "score": 36.3483924866, "published": true}, {"hash": "gQc59tQxK24", "uri": "/contracts/gQc59tQxK24#valid-liens", "label": "Credit Agreement (CSG Systems International Inc)", "score": 34.2813148499, "published": true}, {"hash": "7PuoXM7gU2m", "uri": "/contracts/7PuoXM7gU2m#valid-liens", 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{"key": "required-by", "type": "definition", "offset": [836, 847]}, {"key": "created-by", "type": "definition", "offset": [882, 892]}, {"key": "such-security", "type": "definition", "offset": [893, 906]}, {"key": "perfected-liens", "type": "clause", "offset": [938, 953]}, {"key": "interest-of-the-loan", "type": "clause", "offset": [1006, 1026]}, {"key": "liens-and-security-interests", "type": "clause", "offset": [1078, 1106]}, {"key": "filing-of-financing-statements", "type": "clause", "offset": [1145, 1175]}, {"key": "provision-of", "type": "clause", "offset": [1254, 1266]}, {"key": "not-required", "type": "clause", "offset": [1292, 1304]}, {"key": "the-security-agreement", "type": "clause", "offset": [1311, 1333]}, {"key": "each-case", "type": "definition", "offset": [1339, 1348]}, {"key": "subject-to", "type": "definition", "offset": [1349, 1359]}, {"key": "no-liens", "type": "clause", "offset": [1360, 1368]}, {"key": "the-applicable", "type": "clause", "offset": [1380, 1394]}, {"key": "permitted-liens", "type": "definition", "offset": [1395, 1410]}], "hash": "3d50f58613aad3fd5b771072fb807d20", "id": 9}, {"snippet": "Each Collateral Document delivered pursuant to Section 5.9 will, upon execution and delivery thereof, be effective to create in favor of Collateral Agent, for the benefit of Secured Parties, legal, valid and enforceable Liens on, and security interests in, all of Credit Parties\u2019 right, title and interest in and to the Collateral thereunder, and (i) when all appropriate filings or recordings are made in the appropriate offices as may be required under applicable law and (ii) upon the taking of possession by Collateral Agent of certificates, if any, representing the Collateral (as defined in the Pledge Agreement), such Collateral Document will constitute fully perfected Liens on, and security interests in, all right, title and interest of Credit Parties in such Collateral, in each case subject to no Liens other than (A) Qualified Permitted Liens, in the case of the Pledged Properties and (B) Permitted Liens, in the case of the Mortgaged Properties; provided, however, that no default under this Section 4.19(c) shall be deemed to arise with respect to Mortgaged Properties having, individually or in the aggregate, an equity value less than $25,000,000 so long as (i) the failure to duly perfect the Lien under any Mortgage as otherwise contemplated herein is a result of an inadvertent error in the form or filing of the Mortgages or as a result of an act or omission of Collateral Agent, and (ii) any such error is corrected and such Mortgages constitute fully perfected First Priority Liens on such Mortgaged Properties within ten (10) days after the applicable Credit Party is notified or otherwise obtains knowledge of such error.", "samples": [{"hash": "fRXpiN0EHBZ", "uri": "/contracts/fRXpiN0EHBZ#valid-liens", "label": "Credit and Guaranty Agreement (General Growth Properties, Inc.)", "score": 22.1800136566, "published": true}, 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"ClQSTmoVc35sYXdpbnNpZGVyY29udHJhY3RzcjALEhZDbGF1c2VTbmlwcGV0R3JvdXBfdjU2IhR2YWxpZC1saWVucyMwMDAwMDAwYQyiAQJlbhgAIAA=", "clause": {"children": [["", ""], ["financial-statements", "Financial Statements"], ["notices", "Notices"], ["use-of-proceeds", "Use of Proceeds"], ["maintenance-of-insurance", "Maintenance of Insurance"]], "parents": [["security-documents", "Security Documents"], ["representations-and-warranties", "Representations and Warranties"], ["collateral-documents", "Collateral Documents"], ["security-instruments", "Security Instruments"], ["miscellaneous", "Miscellaneous"]], "title": "Valid Liens", "size": 523, "id": "valid-liens", "related": [["valid-lien", "Valid Lien", "Valid Lien"], ["permitted-liens", "Permitted Liens", "Permitted Liens"], ["liens", "Liens", "Liens"], ["permitted-encumbrances", "Permitted Encumbrances", "Permitted Encumbrances"], ["mechanics-liens", "Mechanic\u2019s Liens", "Mechanic\u2019s Liens"]], "related_snippets": [], "updated": "2026-03-29T04:25:46+00:00", "also_ask": [], "drafting_tip": null, "explanation": "The Valid Liens clause ensures that any liens or encumbrances on property or assets involved in the agreement are legitimate and properly recorded. In practice, this means that the party making representations about the property must confirm that any claims, such as mortgages or security interests, are valid and enforceable, and that there are no undisclosed or fraudulent liens. This clause serves to protect the interests of the parties by ensuring transparency and preventing disputes over ownership or priority of claims, thereby reducing the risk of unexpected liabilities."}, "json": true, "cursor": ""}}