Common use of First Lien Status Clause in Contracts

First Lien Status. Grantor shall preserve and protect the first priority lien of this Deed of Trust. If any lien or security interest other than a Permitted Lien is asserted against the Mortgaged Property, Grantor shall promptly, and at its expense, (a) give Beneficiary a detailed written notice of such lien or security interest (including origin, amount and other terms), and (b)(i) pay the underlying claim in full or take such other action so as to cause it to be released or (ii) contest the same in compliance with the requirements of the Loan Agreement (including, if applicable, any requirement to provide a bond or other security satisfactory to Beneficiary).

First Lien Status. Grantor shall preserve and protect the first priority lien and security interest status of this Deed of TrustTrust and the other Loan Documents. If any lien or security interest other than a the Permitted Lien Encumbrances is asserted against the Mortgaged Property, Grantor shall promptly, and at its expense, (a) give Beneficiary a detailed written notice of such lien or security interest (including origin, amount and other terms), and (b)(i) pay the underlying claim in full or take such other action so as to cause it to be released or (ii) contest the same in compliance with the requirements of the Loan Credit Agreement (including, if applicable, any including the requirement to provide of providing a bond or other security satisfactory to Beneficiary).

First Lien Status. Grantor shall preserve and protect the first priority lien and security interest status of this Deed of TrustTrust and the other Loan Documents. If any lien or security interest other than a the Permitted Lien Encumbrances is asserted against the Mortgaged Property, Grantor shall promptly, and at its expense, (a) give Beneficiary a detailed written notice of such lien or security interest (including origin, amount and other terms), and (b)(ib) pay the underlying claim in full or take such other action so as to cause it to be released or (ii) contest the same in compliance with the requirements of the Loan Agreement (including, if applicable, any including the requirement to provide of providing a bond or other security satisfactory to Beneficiary).

First Lien Status. Except for Permitted Liens, Grantor shall preserve and protect the first priority lien and security interest status of this Deed of Trust. If any lien or security interest other than a Permitted Lien is asserted against the Mortgaged Property, Grantor shall promptly, and at its expense, (a) give Beneficiary a detailed written notice of such lien or security interest (including origin, amount and other terms), and (b)(ib) pay the underlying claim in full or take such other action so as to cause it to be released or (ii) contest the same in compliance with the requirements of the Loan Credit Agreement and the Collateral Trust Agreement (including, if applicable, any including the requirement to provide of providing a bond or other security satisfactory to Beneficiary).

First Lien Status. Grantor shall preserve and protect ----------------- the first priority lien and security interest status of this Deed of TrustTrust and the other Loan Documents. If any lien or security interest other than a the Permitted Lien Encumbrances is asserted against the Mortgaged Trust Property, Grantor shall promptly, and at its expense, (a) give Beneficiary a detailed written notice of such lien or security interest (including origin, amount and other terms), and (b)(ib) pay the underlying claim in full or take such other action so as to cause it to be released or (ii) contest the same in compliance with the requirements of the Loan Credit Agreement (including, if applicable, any including the requirement to provide of providing a bond or other security satisfactory to Beneficiary).

First Lien Status. Grantor shall preserve and protect the first priority lien and security interest status of this Deed of TrustTrust and the other Loan Documents. If any lien or security interest other than a Permitted Lien is asserted against the Mortgaged Property, Grantor shall promptly, and at its expense, (a) give Beneficiary a detailed written notice of such lien or security interest (including origin, amount and other terms), and (b)(ib) pay the underlying claim in full or take such other action so as to cause it to be released or (ii) contest the same in compliance with the requirements of the Loan Agreement Credit Agreements (including, if applicable, any including the requirement to provide of providing a bond or other security satisfactory to Beneficiary).

First Lien Status. Grantor shall preserve and protect the first priority lien and security interest status of this Deed of TrustTrust and the other Loan Documents. If any lien or security interest other than a the Permitted Lien Encumbrances is asserted against the Mortgaged Property, Grantor shall promptly, and at its expense, (a) give Beneficiary a detailed written notice of such lien or security interest (including origin, amount and other terms), and (b)(ib) pay the underlying claim in full or take such other action so as to cause it to be released or (ii) contest the same in compliance with the requirements of the Loan Credit Agreement (including, if applicable, any including the requirement to provide of providing a bond or other security satisfactory to Beneficiary).

First Lien Status. Grantor shall preserve and protect the first priority lien and security interest status of this Deed of TrustMortgage and the other Loan Documents. If any lien or security interest other than a Permitted Lien is asserted against the Mortgaged Property, Grantor shall promptly, and at its expense, (a) give Beneficiary a detailed written notice of such lien or security interest (including origin, amount and other terms), and (b)(ib) pay the underlying claim in full or take such other action so as to cause it to be released or (ii) contest the same in compliance with the requirements of the Loan Credit Agreement (including, if applicable, any including the requirement to provide of providing a bond or other security satisfactory to Beneficiary).

First Lien Status. Grantor shall preserve and protect the first priority lien and security interest status of this Deed of TrustTrust and the other Loan Documents. If any lien or security interest interest, other than a the Permitted Lien Liens, is asserted against the Mortgaged Trust Property, Grantor shall promptly, and at its expense, (a) give Beneficiary a detailed written notice of such lien or security interest (including origin, amount and other terms), and (b)(ib) pay the underlying claim in full or take such other action so as to cause it to be released or (ii) contest the same in compliance with the requirements of the Loan Agreement (including, if applicable, any including the requirement to provide of providing a bond or other security satisfactory to Beneficiary), and act in compliance with any other requirements of the Loan Agreement.

First Lien Status. Grantor shall preserve and protect the first priority lien and security interest status of this Deed of TrustTrust and the other Loan Documents. If any lien or security interest other than a Permitted Lien is asserted against the Mortgaged Property, Grantor shall promptly, and at its expense, (a) give Beneficiary a detailed written notice of such lien or security interest (including origin, amount and other terms), and (b)(ib) pay the underlying claim in full or take such other action so as to cause it to be released or (ii) contest the same in compliance with the requirements of the Loan Credit Agreement (including, if applicable, any including the requirement to provide of providing a bond or other security satisfactory to Beneficiary).

First Lien Status. Grantor shall preserve and protect the first priority lien and security interest status of this Deed of TrustTrust and the other Loan Documents. If any lien or security interest interest, other than a the Permitted Lien Liens, is asserted against the Mortgaged Trust Property, Grantor shall promptly, and at its expense, (a) give Beneficiary a detailed written notice of such lien or security interest (including origin, amount and other terms), and (b)(ib) pay the underlying claim in full or take such other action so as to cause it to be released or (ii) contest the same in compliance with the requirements of the Loan Agreement (including, if applicable, any including the requirement to provide of providing a bond or other security satisfactory to Beneficiary).

First Lien Status. Grantor shall preserve and protect the first priority lien and security interest status of this Deed of TrustTrust and the other Loan Documents. If any lien or security interest interest, other than a the Permitted Lien Liens, is asserted against the Mortgaged Trust Property, Grantor shall promptly, and at its expense, (a) give Beneficiary a detailed written notice of such lien or security interest (including origin, amount and other terms), and (b)(ib) pay the underlying claim in full or take such other action so as to cause it to be released or (ii) contest the same in compliance with the requirements of the Loan Credit Agreement (including, if applicable, any including the requirement to provide of providing a bond or other security satisfactory to Beneficiary).