Common use of Pledged Securities and Other Investment Property Clause in Contracts

Pledged Securities and Other Investment Property. Exhibit B sets forth a complete and accurate list of the Instruments, Securities and other Investment Property owned by each Debtor. Each Debtor is the direct and beneficial owner of each Instrument, Security and other type of Investment Property listed on Exhibit B as being owned by it, free and clear of any Liens, except for the security interest granted to Secured Party hereunder. Each Debtor further represents and warrants that (i) all such Instruments, Securities or other types of Investment Property which are shares of stock in a corporation or ownership interests in a partnership or limited liability company have been (to the extent such concepts are relevant with respect to such Instrument, Security or other type of Investment Property) duly and validly issued, are fully paid and non‑assessable and (ii) with respect to any certificates delivered to the Secured Party representing an ownership interest in a partnership or limited liability company, either such certificates are Securities as defined in Article 8 of the UCC of the applicable jurisdiction as a result of actions by the issuer or otherwise, or, if such certificates are not Securities, such Debtor has so informed Secured Party so that Secured Party may take steps to perfect its security interest therein as a General Intangible. With respect to ownership interests in its Subsidiaries, Borrower represents and warrants that the Pledged Securities constitute 100% of the issued and outstanding capital stock (or other equity interests) in all of the Debtors.

Pledged Securities and Other Investment Property. Exhibit B A sets forth a true, correct, and complete and accurate list of the Instruments, Securities and other Investment Property owned by each DebtorGrantor and pledged hereunder. Each Debtor Grantor is the direct and beneficial owner of each Instrument, Security and other type of Investment Property listed on Exhibit B A as being owned by it, free and clear of any Liens, except for the security interest granted to Secured Party hereunderother than Permitted Liens. Each Debtor Grantor further represents and warrants that (ia) all such Instruments, Securities Securities, or other types of Investment Property which are shares of stock in a corporation or ownership interests in a partnership or limited liability company have been (to the extent such concepts are relevant with respect to such Instrument, Security Security, or other type of Investment Property) duly and validly issued, are fully paid and non‑assessable non-assessable and (iib) with respect to any certificates delivered to the Secured Party representing an ownership interest in a partnership or limited liability company, either such certificates are Securities as defined in Article 8 of the UCC of the applicable jurisdiction as a result of actions by the issuer or otherwise, or, if such certificates are not Securities, such Debtor Grantor has so informed Secured Party so that Secured Party may take steps to perfect its security interest Security Interest therein as a General Intangible. With respect to ownership interests in its Subsidiaries, Borrower represents and warrants that the Pledged Securities constitute 100% of the issued and outstanding capital stock (or other equity interests) in all of the Debtorsgeneral intangible.

Pledged Securities and Other Investment Property. Exhibit B C sets forth a complete and accurate list of the Instruments, Securities and other Investment Property owned by each DebtorCorporation which are being pledged hereunder. Each Debtor The Corporation is the direct and beneficial owner of each Instrument, Security and other type of Investment Property listed on Exhibit B C as being owned by it, free and clear of any Liens, except for the security interest granted to Secured Party hereunderthe Lender hereunder and Permitted Liens. Each Debtor The Corporation further represents and warrants that (i) all such Instruments, Securities or other types of Investment Property which are shares of stock in a corporation or ownership interests in a partnership or limited liability company have been (to the extent such concepts are relevant with respect to such Instrument, Security or other type of Investment Property) duly and validly issued, are fully paid and non‑assessable are non-assessable and (ii) with respect to any certificates delivered to the Secured Party Lender representing an ownership interest in a partnership or limited liability company, either such certificates are Securities “securities” as defined in Article 8 of the UCC Uniform Commercial Code of the applicable jurisdiction as a result of actions by the issuer or otherwise, or, if such certificates are not Securitiessecurities, such Debtor the Corporation has so informed Secured Party the Lender so that Secured Party the Lender may take steps to perfect its security interest therein as a General Intangible. With respect to ownership interests in its Subsidiaries, Borrower represents and warrants that the Pledged Securities constitute 100% of the issued and outstanding capital stock (or other equity interests) in all of the Debtors.