Common use of Rights in Collateral; Priority of Liens Clause in Contracts

Rights in Collateral; Priority of Liens. Borrower and each other Loan Party own the property granted by it as Collateral under the Collateral Documents, free and clear of any and all Liens in favor of third parties other than Liens permitted pursuant to Section 7.10 of this Agreement. Upon the proper filing of UCC financing statements, and the taking of the other actions required by the Required Lenders, the Liens granted pursuant to the Collateral Documents will constitute valid and enforceable first, prior and perfected Liens on the Collateral in favor of Agent, for the ratable benefit of Agent and Lenders.

Rights in Collateral; Priority of Liens. Borrower and each other Loan Party own or have rights in the property granted by it as Collateral under the Collateral Documents, free and clear of any and all Liens in favor of third parties other than Liens permitted pursuant to Section 7.10 of this Agreementexcept Permitted Liens. Upon the proper filing of the Oil and Gas Mortgages and UCC financing statements, and the taking of the other actions required contemplated by the Required LendersCollateral Documents, the Liens granted pursuant to the Collateral Documents will constitute valid and enforceable first, prior and perfected Liens on the Collateral in favor of Agent, Administrative Agent for the ratable benefit of Agent and Lendersthe Secured Parties, except for Permitted Liens.

Rights in Collateral; Priority of Liens. Borrower and each other Loan Party own the property granted by it as Collateral under the Collateral Documents, free and clear of any and all Liens in favor of third parties other than Liens permitted pursuant to Section 7.10 of this AgreementPermitted Liens. Upon the proper filing of UCC financing statements, and the taking of the other actions required by the Required Lenders, the Liens granted pursuant to the Collateral Documents will constitute valid and enforceable first, prior first priority (except as to Permitted Liens of the type described in Section 7.01(i)) and perfected Liens on the Collateral in favor of Agent, for the ratable benefit of Agent and Lenders.

Rights in Collateral; Priority of Liens. Borrower and each other Loan Party own the property granted by it as Collateral under the Collateral Documents, free and clear of any and all Liens in favor of third parties other than Liens permitted pursuant to Section 7.10 of this Agreementexcept Permitted Liens. Upon the proper filing of the Oil and Gas Mortgages and UCC financing statements, and the taking of the other actions required by the Required Lenders, the Liens granted pursuant to the Collateral Documents will constitute valid and enforceable first, prior and perfected Liens on the Collateral in favor of Agent, Agent for the ratable benefit of Agent and Lenders, subject to Permitted Liens.

Rights in Collateral; Priority of Liens. Borrower and each other Loan Party own the property granted by it as Collateral under the Collateral Documents, free and clear of any and all Liens in favor of third parties other than Liens except as disclosed in Schedule 7.01 and except as permitted pursuant to Section 7.10 of this Agreementherein. Upon the proper filing of UCC financing statements, and the taking of the other actions required by the Required Lenders, the Liens granted pursuant to the Collateral Documents will constitute valid and enforceable first, prior and perfected Liens on the Collateral in favor of Agent, for the ratable benefit of Agent and Lenders.

Rights in Collateral; Priority of Liens. Borrower and each other Loan Party own the property granted by it as Collateral under the Collateral Documents, free and clear of any and all Liens in favor of third parties other than Liens permitted pursuant to by Section 7.10 of this Agreement7.1. Upon the proper filing of UCC financing statements, and the taking of the other actions required by the Required Lenders, the Liens granted pursuant to the Collateral Documents will constitute valid and enforceable first, prior and perfected Liens on the Collateral in favor of Administrative Agent, for the ratable benefit of Administrative Agent and Lenders.

Rights in Collateral; Priority of Liens. Borrower and each other Each Loan Party own owns the property granted by it as Collateral under the Collateral Documents, free and clear of any and all Liens in favor of third parties other than Liens permitted pursuant to by Section 7.10 of this Agreement7.01. Upon the proper filing of UCC financing statements, statements and the taking of the other actions required by the Required LendersLenders or the law, the Liens granted pursuant to the Collateral Documents will constitute valid and enforceable firstenforceable, Second Priority, prior and perfected Liens on the Collateral in favor of Administrative Agent, for the ratable benefit of Agent and Lendersthe Secured Parties.

Rights in Collateral; Priority of Liens. Borrower The Company and each other Loan Party own the property granted by it as Collateral under the Collateral Documents, free and clear of any and all Liens in favor of third parties other than Liens permitted pursuant to Section 7.10 of this Agreementparties, except for Permitted Liens. Upon the proper filing of UCC financing statements, and the taking of the other actions required by the Required LendersAdministrative Agent, the Liens granted pursuant to the Collateral Documents will will, subject only to Permitted Liens, constitute valid and enforceable first, prior and perfected Liens on the Collateral in favor of the Administrative Agent, for the ratable benefit of the Administrative Agent and Lenders.

Rights in Collateral; Priority of Liens. Borrower and each other Loan Party own the property granted by it as Collateral under the Collateral Documents, free and clear of any and all Liens in favor of third parties parties, other than Liens permitted pursuant to Section 7.10 of this AgreementPermitted Liens. Upon the proper filing of UCC financing statementsstatements in the proper locations, and the taking of the other actions required by the Required Lenders, the Liens granted pursuant to the Collateral Documents will constitute valid and enforceable first, prior and perfected Liens on the Collateral in favor of Agent, for the ratable benefit of Agent and Lenders, subject to Permitted Liens.

Rights in Collateral; Priority of Liens. Borrower and each other Loan Party own owns the property granted by it as Collateral under the Collateral Documents, free and clear of any and all Liens in favor of third parties parties, other than Liens permitted pursuant to by Section 7.10 of this Agreement7.01. Upon the proper filing of UCC financing statements, and the taking of the other actions required by Law or the Required Lenders, the Liens granted pursuant to the Collateral Documents will constitute valid and enforceable first, prior and perfected Liens (subject to Liens permitted by Section 7.01) on the Collateral in favor of Agent, for the ratable benefit of Agent and Lenders.

Rights in Collateral; Priority of Liens. Except as otherwise provided on Schedule 5.18, Borrower and each other Loan Party own the property granted by it as Collateral under the Collateral Documents, free and clear of any and all Liens in favor of third parties other than Liens permitted pursuant to Section 7.10 of this Agreementparties. Upon Except as otherwise provided on Schedule 5.18, upon the proper filing of UCC financing statements, and the taking of the other actions required by the Required Lenders, the Liens granted pursuant to the Collateral Documents will constitute valid and enforceable first, prior and perfected Liens on the Collateral in favor of Agent, for the ratable benefit of Agent and Lenders.

Rights in Collateral; Priority of Liens. Each Borrower and each other Loan Party own the property granted by it as Collateral under the Collateral Documents, free and clear of any and all Liens in favor of third parties other than Liens permitted pursuant to under Section 7.10 of this Agreement7.01. Upon the proper filing of UCC financing statements, and the taking of the other actions required by the Required Lenders, the Liens granted pursuant to the Collateral Documents will constitute valid and enforceable first, prior and perfected Liens (subject to Permitted Liens) on the Collateral in favor of Agent, for the ratable benefit of Agent and LendersLenders (subject to federal law and regulations limiting the reassignment of rights in Medicaid/Medicare/TRICARE receivables).

Rights in Collateral; Priority of Liens. Borrower and each other Loan Party own the property granted by it as Collateral under the Collateral Documents, free and clear of any and all Liens in favor of third parties other than Liens expressly permitted pursuant to by Section 7.10 of this Agreement7.01. Upon the proper filing of UCC financing statements, and the taking of the other actions required by the Required LendersUCC, the Liens granted pursuant to the Collateral Documents will constitute valid and enforceable first, prior and perfected Liens on the Collateral in favor of Agent, for the ratable benefit of Agent and Lenders.

Rights in Collateral; Priority of Liens. Borrower and each other Loan Party own the property granted by it as Collateral under the Collateral Documents, free and clear of any and all Liens in favor of third parties other than Liens permitted pursuant to under Section 7.10 of this Agreement7.01. Upon the proper filing of UCC financing statements, and the taking of the other actions required by the Required Lenders, the Liens granted pursuant to the Collateral Documents will constitute valid and enforceable first, prior and perfected Liens on the Collateral in favor of Agent, for the ratable benefit of Agent and Lenders, subject, however, to the provisions of the Intercreditor and Collateral Agency Agreement.

Rights in Collateral; Priority of Liens. Borrower and each other Loan Party own the property granted by it as Collateral under the Collateral Documents, free and clear of any and all Liens in favor of third parties other than except Liens permitted pursuant to Section 7.10 of this Agreement7.01. Upon the due and proper filing of UCC financing statements, and the taking of the other actions required by the Required LendersLenders to perfect the security interests in the Collateral, the Liens granted pursuant to the Collateral Documents will constitute valid and enforceable first, prior and perfected Liens on the Collateral in favor of Agent, for the ratable benefit of Agent and Lenders.