Common use of GSA Clause in Contracts

GSA. Upon execution and delivery thereof, the GSA will create valid and enforceable Liens upon the Collateral on the terms set out therein, subject only to the terms of this Agreement and to Permitted Liens.

GSA. Upon execution and delivery thereof, the The GSA will create creates valid and enforceable Liens upon the Collateral on the terms set out therein, subject only to the terms of this Agreement and to Permitted Liens.