Common use of Secured Obligation Clause in Contracts

Secured Obligation. The parties acknowledge and agree that the obligations of the Company under this Agreement and the Debentures, are subject to the security interest granted by the Company and its Subsidiaries pursuant to that certain Security Agreement and Subsidiary Guarantee, dated November 30, 2007, by and among the Company, its Subsidiaries and the secured parties thereto and that such obligations are “Obligations” under such Security Agreement and are guaranteed by the Subsidiaries pursuant to any Subsidiary Guarantee entered into in connection therewith. The Company and the Subsidiaries shall take any and all actions as may be necessary or appropriate in order to grant the Purchasers a first priority security interest in the assets of the Company and the Subsidiaries, including all UCC-1 filing receipts if required.

Secured Obligation. The parties acknowledge and agree that the obligations of the Company under this Agreement and the Debentures, Debentures are subject to (i) the security interest granted by the Company and its Subsidiaries pursuant to that certain the 2009 Security Agreement and that such obligations are “Obligations” under the 2009 Security Agreement and (ii) the guarantee given by the Subsidiaries pursuant to that certain Subsidiary Guarantee, dated November 30as of December 9, 20072009, by and among the Company, its Subsidiaries and the secured parties thereto and that such obligations are “Obligations” under such Security Agreement and are guaranteed by the Subsidiaries pursuant to any Subsidiary Guarantee entered into in connection therewithGuarantee. The Company and the Subsidiaries shall take any and all actions as may be necessary or appropriate in order to grant the Purchasers a first priority security interest in the assets of the Company and the Subsidiaries, including all UCC-1 filing receipts receipts, if required.

Secured Obligation. The parties acknowledge and agree that the obligations of the Company under this Agreement and the DebenturesDebenture, are subject to the security interest granted by the Company and its Subsidiaries pursuant to that certain Security Agreement and Subsidiary Guarantee, dated November 30October 31, 20072008, by and among the Company, its Subsidiaries and the secured parties thereto and that such obligations are “Obligations” under such Security Agreement and are guaranteed by the Subsidiaries pursuant to any Subsidiary Guarantee entered into in connection therewith. The Company and the Subsidiaries shall take any and all actions as may be necessary or appropriate in order to grant the Purchasers a first priority security interest in the assets of the Company and the Subsidiaries, including all UCC-1 filing receipts if required.

Secured Obligation. The parties acknowledge and agree that the obligations of the Company under this Agreement and the Debentures, are subject to the security interest granted by the Company and its Subsidiaries pursuant to that certain Security Agreement and Subsidiary Guarantee, dated November 30December __, 20072009, by and among the Company, its Subsidiaries and the secured parties thereto and that such obligations are “Obligations” under such Security Agreement and are guaranteed by the Subsidiaries pursuant to any Subsidiary Guarantee entered into in connection therewith. The Company and the Subsidiaries shall take any and all actions as may be necessary or appropriate in order to grant the Purchasers a first priority security interest in the assets of the Company and the Subsidiaries, including all UCC-1 filing receipts if required.

Secured Obligation. The parties acknowledge and agree that the obligations of the Company under this Agreement and the Debentures, are subject to the security interest granted by the Company and its Subsidiaries pursuant to that certain Amended and Restated Security Agreement and Subsidiary Guarantee, dated November June 30, 20072008, by and among the Company, its Subsidiaries and the secured parties thereto and that such obligations are “"Obligations” " under such Amended and Restated Security Agreement and are guaranteed by the Subsidiaries pursuant to any Subsidiary Guarantee entered into in connection therewith. The Company and the Subsidiaries shall take any and all actions as may be necessary or appropriate in order to grant the Purchasers a first priority security interest in the assets of the Company and the Subsidiaries, including all UCC-1 filing receipts if required.

Secured Obligation. The parties acknowledge and agree that the obligations of the Company under this Agreement and the DebenturesDebenture, are subject to the security interest granted by the Company and its Subsidiaries pursuant to that certain Amended and Restated Security Agreement and Subsidiary Guarantee, dated November June 30, 20072008, by and among the Company, its Subsidiaries and the secured parties thereto and that such obligations are “"Obligations” " under such Amended and Restated Security Agreement and are guaranteed by the Subsidiaries pursuant to any Subsidiary Guarantee entered into in connection therewith. The Company and the Subsidiaries shall take any and all actions as may be necessary or appropriate in order to grant the Purchasers a first priority security interest in the assets of the Company and the Subsidiaries, including all UCC-1 filing receipts if required.

Secured Obligation. The parties acknowledge and agree that the obligations of the Company under this Agreement and the Transaction Documents, including but not limited to the Debentures, are subject to the security interest granted by the Company and its Subsidiaries pursuant to that certain Security Agreement and Subsidiary Guarantee, dated November August 30, 2007, by and among the Company, its Subsidiaries Company and the secured parties thereto and that such obligations are “Obligations” under such Security Agreement and are guaranteed by the Subsidiaries pursuant to any Subsidiary Guarantee entered into in connection therewith. The Company and the Subsidiaries shall take any and all actions as may be necessary or appropriate requested by the Purchasers in order to grant the Purchasers a first priority security interest in the assets of the Company and the Subsidiaries, including all UCC-1 filing receipts if required.