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

Title, Authorization, Validity and Enforceability. Grantor has good and valid rights in 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(f), and has full power and authority to grant to Secured Party the Security Interest in such Collateral pursuant hereto. The execution and delivery by Grantor of this Agreement has been duly authorized by proper limited liability company proceedings, and this Agreement constitutes a legal, valid and binding obligation of Grantor and creates a Security Interest which is enforceable against Grantor in all now owned and hereafter acquired Collateral. When financing statements have been filed in the appropriate offices against Grantor in the locations listed on Exhibit B, Secured Party will have a fully perfected first priority Security Interest in that Collateral in which a Security Interest may be perfected by filing, subject only to Liens permitted under Section 4.1(f).

Title, Authorization, Validity and Enforceability. Grantor The Debtor has good and valid rights in 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(f)4.1.6, and has full power and authority to grant to the Secured Party the Security Interest security interest in such Collateral pursuant hereto. The execution and delivery by Grantor the Debtor of this Agreement has been duly authorized by proper limited liability company corporate or other proceedings, and this Agreement constitutes a legal, valid and binding obligation of Grantor the Debtor and creates a Security Interest security interest which is enforceable against Grantor the Debtor in all now owned and hereafter acquired Collateral. When financing statements have been filed in the appropriate offices against Grantor the Debtor in the locations listed on Exhibit BSchedule 1, the Secured Party will have a fully perfected first priority 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(f)4.1.6.

Title, Authorization, Validity and Enforceability. Grantor has good and valid rights in 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(f), and has full power and authority to grant to Secured Party the Security Interest in such Collateral pursuant hereto. The execution and delivery by Grantor of this Agreement has been duly authorized by proper limited liability company corporate proceedings, and this Agreement constitutes a legal, valid and binding obligation of Grantor and creates a Security Interest which is enforceable against Grantor in all now owned and hereafter acquired Collateral. When financing statements have been filed in the appropriate offices against Grantor in the locations listed on Exhibit B, Secured Party will have a fully perfected first priority Security Interest in that Collateral in which a Security Interest may be perfected by filing, subject only to Liens permitted under Section 4.1(f).

Title, Authorization, Validity and Enforceability. Grantor Each Debtor has good and valid rights in 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(f)4.1.6, and has full power and authority to grant to Secured Party the Security Interest security interest in such Collateral pursuant hereto. The execution and delivery by Grantor each Debtor of this Security Agreement has been duly authorized by proper limited liability company corporate proceedings, and this Security Agreement constitutes a legal, valid and binding obligation of Grantor such Debtor and creates a Security Interest security interest which is enforceable against Grantor such Debtor in all now owned and hereafter acquired Collateral. When financing statements have been filed in the appropriate offices against Grantor each Debtor in the locations listed on Exhibit BC, Secured Party will have a fully perfected first priority 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(f)4.1.6.

Title, Authorization, Validity and Enforceability. Grantor has good and valid rights in 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(f)other Liens, and has full power and authority to grant to Secured Party the Security Interest in such Collateral pursuant hereto. The execution and delivery by Grantor of this Agreement has been duly authorized by proper limited liability company proceedings, and this Agreement constitutes a legal, valid and binding obligation of Grantor and creates a Security Interest which is enforceable against Grantor in all now owned and hereafter acquired Collateral. When financing statements have been filed in the appropriate offices against Grantor in the locations listed on Exhibit B, Secured Party will have a fully perfected first priority Security Interest in that Collateral in which a Security Interest may be perfected by filing, subject only to Liens permitted under Section 4.1(f)no other Liens.

Title, Authorization, Validity and Enforceability. Such Grantor has good and valid rights in 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(f)other Liens, and has full power and authority to grant to Secured Party the Security Interest in such Collateral pursuant hereto. The execution and delivery by such Grantor of this Agreement has been duly authorized by proper limited liability company proceedings, and this Agreement constitutes a legal, valid and binding obligation of such Grantor and creates a Security Interest which is enforceable against such Grantor in all now owned and hereafter acquired Collateral. When financing statements have been filed in the appropriate offices against such Grantor in the locations listed on Exhibit B, Secured Party will have a fully perfected first priority Security Interest in that Collateral in which a Security Interest may be perfected by filing, subject only to Liens permitted under Section 4.1(f)no other Liens.