Validity and Sufficiency of Security Documents. The Security Documents shall create a valid and perfected lien in and to the Collateral and each of the Security Documents and related UCC filings will be filed to the satisfaction of the Administrative Agent and the Administrative Agent’s counsel, including, without limitation, as follows:
Validity and Sufficiency of Security Documents. The Mortgage and the other Security Documents shall create a valid and perfected lien on the property described therein ("Collateral") and each of the Security Documents and related UCC filings shall have been duly recorded and filed to the satisfaction of Lender and its counsel.
Validity and Sufficiency of Security Documents. The Security Agreement, UCC-1 Filing Statements and the other Security Documents shall create valid and perfected liens on the Property and all Collateral and each of the Security Documents and related UCC filings shall have been duly recorded and filed to the satisfaction of Lender and its counsel.
Validity and Sufficiency of Security Documents. The Security Documents shall create a valid lien on, or security interest in, the Collateral, as applicable, and:
Validity and Sufficiency of Security Documents. The Security Documents shall create a valid and perfected lien on the Collateral described therein and all related UCC filings shall have been duly filed to the satisfaction of Agent and its counsel. The Agent shall have received stock certificates and stock powers from each of the Borrower, the Guarantor and the Pledgor Stockholders with respect to the stock and related rights covered by their respective Pledge and Security Agreements.
Validity and Sufficiency of Security Documents. UCC financing statements naming the Borrower as debtor and the Agent as secured party covering the Collateral shall have been duly recorded and filed to the satisfaction of Agent and its counsel.
Validity and Sufficiency of Security Documents. Each of the Security Documents and related UCC filings shall be in proper form for recording and filing and shall have been duly recorded and filed, or satisfactory gap arrangements have been made for the issuance of the Lender’s title insurance policy, each to the satisfaction of Lender and Lender’s counsel.
Validity and Sufficiency of Security Documents. The Security Documents shah create (or continue to maintain) a valid and perfected lien on the Collateral in favor of the Administrative Agent and for the benefit of the Administrative Agent and the Lenders, and each of the Security Documents and related UCC filings shall have been duly recorded or filed to the satisfaction of Administrative Agent, and Administrative Agent’s counsel.
Validity and Sufficiency of Security Documents. All applicable parties shall have executed and delivered to the First Union Lender the applicable Security Documents and such Security Documents shall create a valid and perfected lien on the Collateral described therein and each of the Security Documents and related UCC filings shall have been duly recorded and filed to the satisfaction of the First Union Lender.
Validity and Sufficiency of Security Documents. The Security Documents shall, upon filing of the related UCC financing statements, create a valid and perfected lien on the Collateral.
