Common use of Title to Collateral; Perfected Security Interest Clause in Contracts

Title to Collateral; Perfected Security Interest. Pledgor has good and marketable title to the Substituted Collateral, free of all Liens (other than the Lien created by the Collateral Agreement) and Transfer Restrictions and has good, right and lawful authority to assign, transfer and pledge such Substitute Collateral under the Collateral Agreement. Upon delivery of the Substituted Collateral to the Collateral Agent under the Collateral Agent, the Collateral Agent will obtain a valid, first priority perfected security interest in, and a first lien upon, such Substituted Collateral subject to no other Lien. None of such Substituted Collateral is or shall be pledged by Pledgor as collateral for any other purpose. This Certificate may be relied upon by Purchaser as fully and to the same extent as if this Certificate had been specifically addressed to Purchaser. Capitalized terms not otherwise defined Certificate have the respective meanings specified in the Collateral Agreement.

Title to Collateral; Perfected Security Interest. Pledgor has good and marketable title to the Substituted Additional Collateral, free of all Liens (other than the Lien created by the Collateral Agreement) and Transfer Restrictions and has good, right and lawful authority to assign, transfer and pledge such Substitute Additional Collateral under the Collateral Agreement. Upon delivery of the Substituted Additional Collateral to the Collateral Agent under the Collateral Agent, the Collateral Agent will obtain a valid, first priority perfected security interest in, and a first lien upon, such Substituted Additional Collateral subject to no other Lien. None of such Substituted Additional Collateral is or shall be pledged by Pledgor as collateral for any other purpose. This Certificate may be relied upon by Purchaser as fully and to the same extent as if this Certificate had been specifically addressed to Purchaser. Capitalized terms not otherwise defined Certificate have the respective meanings specified in the Collateral Agreement.

Title to Collateral; Perfected Security Interest. Pledgor has good and marketable title to the Substituted Collateral, free of all Liens (other than the Lien created by the Collateral Agreement) and Transfer Restrictions and has good, right and lawful authority to assign, transfer and pledge such Substitute Collateral under the Collateral Agreement. Upon delivery of the Substituted Collateral to the Collateral Agent under the Collateral Agent, the Collateral Agent will obtain a valid, first priority perfected security interest in, and a first lien upon, such Substituted Collateral subject to no other Lien. None of such Substituted Collateral is or shall be pledged by Pledgor as collateral for any other purpose. This Certificate may be relied upon by Purchaser as fully and to the same extent as if this Certificate had been specifically addressed to Purchaser. Capitalized terms not otherwise defined Certificate have the respective meanings specified in the Collateral Agreement.

Title to Collateral; Perfected Security Interest. Pledgor has good and marketable title to owns the Substituted Substitute Collateral, free of all Liens (other than the Lien created by the Collateral Agreement) and Transfer Restrictions and has good, right and lawful authority to assign, transfer and pledge such Substitute Collateral under the Collateral Agreement. Upon delivery of the Substituted Substitute Collateral to the Collateral Agent under the Collateral AgentAgreement, the Collateral Agent will obtain a valid, first priority perfected security interest in, and a first lien upon, such Substituted Substitute Collateral subject to no other Lien. None of such Substituted Substitute Collateral is or shall be pledged by Pledgor as collateral for any other purpose. This Certificate may be relied upon by Purchaser as fully and to the same extent as if this Certificate had been specifically addressed to Purchaser. Capitalized terms not otherwise defined Certificate have the respective meanings specified in the Collateral Agreement.