Common use of SECURITY DOCUMENTS AND INSTRUMENTS Clause in Contracts

SECURITY DOCUMENTS AND INSTRUMENTS. The Agent shall have received, in sufficient copies for each Lender, (a) all the instruments and documents then required to be delivered pursuant to Section 4 hereof or any other provision of this Agreement or pursuant to the instruments and documents referred to in Section 4 hereof and the same shall be in full force and effect and shall grant or create the Liens, rights, powers, priorities, remedies and benefits contemplated herein or therein, as the case may be, (b) all necessary consents relating thereto from third parties so that the same shall be valid and not result in any violation of any material agreement running in favor of such third party and (c) all satisfactions of mortgages, termination statements under the UCC and other instruments releasing Liens as may be necessary or desirable in connection with the foregoing.