Common use of Title, Authorization, Validity and Enforceability Clause in Contracts

Title, Authorization, Validity and Enforceability. The Grantor has good and valid rights in or the power to transfer the Collateral and title to the Collateral with respect to which it has purported to grant a security interest hereunder, free and clear of all Liens except for Liens permitted under Section 4.1.6, and has full power and authority to grant to the Agent the security interest in such Collateral pursuant hereto. The execution and delivery by the Grantor of this Security Agreement has been duly authorized by proper corporate proceedings, and this Security Agreement constitutes a legal, valid and binding obligation of the Grantor and creates a security interest which is enforceable against the Grantor in all now owned and hereafter acquired Collateral. When financing statements have been filed in the appropriate offices against the Grantor in the locations listed on Exhibit "F", the Agent will have a fully perfected first priority 152 security interest in that Collateral in which a security interest may be perfected by filing, subject only to Liens permitted under Section 4.1.6.

Title, Authorization, Validity and Enforceability. The Grantor Each Debtor has good and valid rights in or the power to transfer the Collateral and title to the Collateral with respect to which it has purported to grant a security interest hereunder, free and clear of all Liens except for Liens permitted under Section 4.1.6, and has full power and authority to grant to the Agent Secured Party the security interest in such Collateral pursuant hereto. The execution and delivery by the Grantor each Debtor of this Security Agreement has been duly authorized by proper corporate proceedings, and this Security Agreement constitutes a legal, valid and binding obligation of the Grantor such Debtor and creates a security interest which is enforceable against the Grantor such Debtor in all now owned and hereafter acquired Collateral. When financing statements have been filed in the appropriate offices against the Grantor each Debtor in the locations listed on Exhibit "F"C, the Agent Secured Party will have a fully perfected first priority 152 security interest in that Collateral in which a security interest may be perfected by filing, subject only to Liens permitted under Section 4.1.6.

Title, Authorization, Validity and Enforceability. The Grantor Debtor has good and valid rights in or the power to transfer the Collateral and title to the Collateral with respect to which it has purported to grant a security interest hereunder, free and clear of all Liens except for Liens permitted under Section 4.1.6, and has full power and authority to grant to the Agent Secured Party the security interest in such Collateral pursuant hereto. The execution and delivery by the Grantor Debtor of this Security Agreement has been duly authorized by proper corporate or other proceedings, and this Security Agreement constitutes a legal, valid and binding obligation of the Grantor Debtor and creates a security interest which is enforceable against the Grantor Debtor in all now owned and hereafter acquired Collateral. When financing statements have been filed in the appropriate offices against the Grantor Debtor in the locations listed on Exhibit "F"Schedule 1, the Agent Secured Party will have a fully perfected first priority 152 security interest in that Collateral in which a security interest may be perfected by filing, subject only to Liens permitted under Section 4.1.6.

Title, Authorization, Validity and Enforceability. The Grantor has good and valid rights in or the power to transfer the Collateral and title to the Collateral with respect to which it has purported to grant a security interest Security Interest hereunder, free and clear of all Liens except for Liens permitted under Section 4.1.64.1(f), and has full power and authority to grant to Secured Party the Agent the security interest Security Interest in such Collateral pursuant hereto. The execution and delivery by the Grantor of this Security Agreement has been duly authorized by proper corporate proceedings, and this Security Agreement constitutes a legal, valid and binding obligation of the Grantor and creates a security interest Security Interest which is enforceable against the Grantor in all now owned and hereafter acquired Collateral. When financing statements have been filed in the appropriate offices against the Grantor in the locations listed on Exhibit "F"B, the Agent Secured Party will have a fully perfected first priority 152 security interest Security Interest in that Collateral in which a security interest Security Interest may be perfected by filing, subject only to Liens permitted under Section 4.1.64.1(f).

Title, Authorization, Validity and Enforceability. The Grantor has good and valid rights in or the power to transfer the Collateral and title to the Collateral with respect to which it has purported to grant a security interest Security Interest hereunder, free and clear of all Liens except for Liens permitted under Section 4.1.6other Liens, and has full power and authority to grant to Secured Party the Agent the security interest Security Interest in such Collateral pursuant hereto. The execution and delivery by the Grantor of this Security Agreement has been duly authorized by proper corporate limited liability company proceedings, and this Security Agreement constitutes a legal, valid and binding obligation of the Grantor and creates a security interest Security Interest which is enforceable against the Grantor in all now owned and hereafter acquired Collateral. When financing statements have been filed in the appropriate offices against the Grantor in the locations listed on Exhibit "F"B, the Agent Secured Party will have a fully perfected first priority 152 security interest Security Interest in that Collateral in which a security interest Security Interest may be perfected by filing, subject only to Liens permitted under Section 4.1.6no other Liens.

Title, Authorization, Validity and Enforceability. The Each Grantor has good and valid rights in or the power to transfer the Collateral and title to the Collateral with respect to which it has purported to grant a security interest hereunder, free and clear of all Liens except for Liens permitted under Section 4.1.6, and has full power and authority to grant to the Collateral Agent the security interest in such Collateral pursuant hereto. The execution and delivery by the each Grantor of this Security Agreement has been duly authorized by proper corporate proceedings, and this Security Agreement constitutes a legal, valid and binding obligation of the each Grantor and creates a security interest which is enforceable against the Grantor in all now owned and hereafter acquired Collateral. When financing statements have been filed in the appropriate offices against the each Grantor in the locations listed on Exhibit "F", the Collateral Agent will have a fully perfected first priority 152 security interest in that Collateral in which a security interest may be perfected by filing, subject only to Liens permitted under Section 4.1.6.

Title, Authorization, Validity and Enforceability. The Grantor has good and valid rights in or the power to transfer the Collateral and title to the Collateral with respect to which it has purported to grant a security interest Security Interest hereunder, free and clear of all Liens except for Liens permitted under Section 4.1.64.1(f), and has full power and authority to grant to Secured Party the Agent the security interest Security Interest in such Collateral pursuant hereto. The execution and delivery by the Grantor of this Security Agreement has been duly authorized by proper corporate limited liability company proceedings, and this Security Agreement constitutes a legal, valid and binding obligation of the Grantor and creates a security interest Security Interest which is enforceable against the Grantor in all now owned and hereafter acquired Collateral. When financing statements have been filed in the appropriate offices against the Grantor in the locations listed on Exhibit "F"B, the Agent Secured Party will have a fully perfected first priority 152 security interest Security Interest in that Collateral in which a security interest Security Interest may be perfected by filing, subject only to Liens permitted under Section 4.1.64.1(f).

Title, Authorization, Validity and Enforceability. The Such Grantor has good and valid rights in or the power to transfer the Collateral and title to the Collateral with respect to which it has purported to grant a security interest Security Interest hereunder, free and clear of all Liens except for Liens permitted under Section 4.1.6other Liens, and has full power and authority to grant to Secured Party the Agent the security interest Security Interest in such Collateral pursuant hereto. The execution and delivery by the such Grantor of this Security Agreement has been duly authorized by proper corporate limited liability company proceedings, and this Security Agreement constitutes a legal, valid and binding obligation of the such Grantor and creates a security interest Security Interest which is enforceable against the such Grantor in all now owned and hereafter acquired Collateral. When financing statements have been filed in the appropriate offices against the such Grantor in the locations listed on Exhibit "F"B, the Agent Secured Party will have a fully perfected first priority 152 security interest Security Interest in that Collateral in which a security interest Security Interest may be perfected by filing, subject only to Liens permitted under Section 4.1.6no other Liens.