Common use of Collateral Security Clause in Contracts

Collateral Security. The Liens granted in favor of the Purchaser under the Collateral Documents constitute valid, enforceable, perfected and continuing security interests and Liens in, on and to the Collateral to secure the payment and performance in full of all Obligations, including all Indebtedness under the November 1999 Note and all other Obligations, and such security interests and liens are subject, as to priority, only to the Senior Liens and Permitted Liens to the extent entitled to priority under Applicable Law.

Collateral Security. The Liens granted in favor of the Purchaser under the Collateral Documents (including after giving effect to the execution and delivery of the joinder agreements and amendments contemplated in Sections 3(i) through (v) above) constitute valid, enforceable, perfected enforceable and continuing first priority security interests and Liens liens in, on and to the Collateral to and secure the payment and performance in full of all Obligations, including all Indebtedness and other Obligations under the November 1999 Note and all other Obligations, and such security interests and liens are subject, as to priority, only to the Senior Liens and Permitted Liens to the extent entitled to priority under Applicable LawNotes.

Collateral Security. The Liens granted in favor of the Purchaser under the Collateral Documents constitute valid, enforceableenforceable and continuing first priority, perfected and continuing security interests and Liens liens in, on and to the all Collateral to and secure the payment and performance in full of all Obligations, including all Indebtedness and other Obligations under the November 1999 Term B Note, the Term D Note and all other Obligations, and such security interests and liens are subject, as to priority, only to the Senior Liens and Permitted Liens to the extent entitled to priority under Applicable LawTerm E Note.

Collateral Security. The Liens granted in favor of the Purchaser under the Collateral Documents constitute valid, enforceable, perfected enforceable and continuing first priority security interests and Liens liens in, on and to the Collateral to and secure the payment and performance in full of all Obligations, including all Indebtedness and other Obligations under the November 1999 Term B Note, the Bridge Note, the Term C Note and all other Obligations, and such security interests and liens are subject, as to priority, only to the Senior Liens and Permitted Liens to the extent entitled to priority under Applicable LawTerm D Note.

Collateral Security. The Liens granted in favor of the Purchaser under the Collateral Documents constitute valid, enforceable, perfected enforceable and continuing first priority security interests and Liens in, on and to the Collateral to and secure the payment and performance in full of all Obligations, including all Indebtedness under the November 1999 Note and all other Obligations, and such security interests and liens are subject, as to priority, only to the Senior Liens and Permitted Liens to the extent entitled to priority under Applicable LawTerm A Note.

Collateral Security. The Liens granted in favor of the Purchaser under the Collateral Documents constitute valid, enforceableenforceable and continuing first priority, perfected and continuing security interests and Liens liens in, on and to the all Collateral to and secure the payment and performance in full of all Obligations, including all Indebtedness and other Obligations under the November 1999 Term B Note, the Term D Note, the Term E Note and all other Obligations, and such security interests and liens are subject, as to priority, only to the Senior Liens and Permitted Liens to the extent entitled to priority under Applicable LawTerm F Note.

Collateral Security. The Liens granted in favor of the Purchaser under the Collateral Documents constitute valid, enforceableenforceable and continuing first priority, perfected and continuing security interests and Liens liens in, on and to the all Collateral to and secure the payment and performance in full of all Obligations, including all Indebtedness and other Obligations under the November 1999 Note and all other Obligations, and such security interests and liens are subject, as to priority, only to the Senior Liens and Permitted Liens to the extent entitled to priority under Applicable LawNotes.

Collateral Security. The Liens granted in favor of the Purchaser under the Collateral Documents constitute valid, enforceable, perfected and continuing security interests and Liens liens in, on and to the Collateral to secure the payment and performance in full of all Obligations, including all Indebtedness under the November 1999 Note and all other Obligations, and such security interests and liens are subject, as to priority, only to the Senior Liens and Permitted Liens to the extent entitled to priority under Applicable Law.

Collateral Security. The Liens granted in favor of the Purchaser under the Collateral Documents constitute valid, enforceable, perfected enforceable and continuing first priority security interests and Liens liens in, on and to the Collateral to and secure the payment and performance in full of all Obligations, including all Indebtedness and other Obligations under the November 1999 Term B Note, the Term C Note and all other Obligations, and such security interests and liens are subject, as to priority, only to the Senior Liens and Permitted Liens to the extent entitled to priority under Applicable LawTerm D Note.