Equity Interests and Personal Property. Each Loan Party will cause the Pledged Equity and all of its tangible and intangible personal property now owned or hereafter acquired by it to be subject at all times to a first priority, perfected Lien (subject to Permitted Liens) in favor of the Administrative Agent for the benefit of the Secured Parties to secure the Secured Obligations pursuant to the terms and conditions of the Collateral Documents.
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Samples: Credit Agreement (NV5 Global, Inc.), Credit Agreement (NV5 Global, Inc.), Credit Agreement (NV5 Global, Inc.)
Equity Interests and Personal Property. Each Loan Party will cause the Pledged Equity and the Borrower will cause all of its tangible and intangible personal property now owned or hereafter acquired by it to be subject at all times to a first priority, perfected Lien (subject to Permitted LiensLiens to the extent permitted by the Loan Documents) in favor of the Administrative Agent for the benefit of the Secured Parties to secure the Secured Obligations pursuant to the terms and conditions of the Collateral Documents.
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Equity Interests and Personal Property. Each Loan Party will cause the Pledged Equity and all of its tangible and intangible personal property now owned or hereafter acquired by it to be subject at all times to a first priority, perfected Lien (subject to Permitted Liens) in favor of the Administrative Agent for the benefit of the Secured Parties to secure the Secured Obligations pursuant to the terms and conditions of the Collateral Documents.Obligations
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Samples: Credit Agreement (Harmonic Inc)
Equity Interests and Personal Property. Each Loan Party will cause the Pledged Equity and the Borrowers will cause all of its their respective tangible and intangible personal property now owned or hereafter acquired by it them to be subject at all times to a first priority, perfected Lien (subject to Permitted LiensLiens to the extent permitted by the Loan Documents) in favor of the Administrative Agent for the benefit of the Secured Parties to secure the Secured Obligations pursuant to the terms and conditions of the Collateral Documents.
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