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.
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Samples: Loan Agreement (Westwood Group Inc), Term Loan Agreement (Emeritus Corp\wa\), Construction Loan Agreement (American Retirement Corp)
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 Administrative Agent, and its Administrative Agent's counsel.
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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.
Appears in 1 contract
Samples: Loan Agreement (Unitil Corp)
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 Agent, each of the Lenders and its Agent’s counsel.
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Validity and Sufficiency of Security Documents. The Mortgage and the other Security Documents shall have been filed or recorded as required to 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 Lender’s counsel.
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