Common use of First Lien Status Clause in Contracts

First Lien Status. Mortgagor shall preserve and protect the first priority lien and security interest status of this Mortgage to the extent related to the Mortgaged Property.

Appears in 4 contracts

Sources: Asset Purchase Agreement (Armstrong Coal Company, Inc.), Asset Purchase Agreement (Armstrong Energy, Inc.), Asset Purchase Agreement (Armstrong Energy, Inc.)

First Lien Status. Mortgagor shall preserve and protect the first priority lien and security interest status of this Mortgage to the extent related to the Mortgaged PropertyMortgage.

Appears in 3 contracts

Sources: Senior Unsecured Credit Agreement (LaSalle Hotel Properties), Senior Unsecured Credit Agreement (LaSalle Hotel Properties), Senior Unsecured Credit Agreement (LaSalle Hotel Properties)

First Lien Status. Mortgagor shall preserve and protect the first priority lien and security interest status of this Mortgage and the other Loan Documents to the extent related to the Mortgaged Property.

Appears in 1 contract

Sources: Credit Agreement (Gogo Inc.)

First Lien Status. The Mortgagor shall preserve and protect the first priority lien and security interest status (subject to Prior Liens permitted by the Mortgage Bond Indenture and other Permissible Encumbrances) of this Mortgage to the extent related to the Mortgaged Property.

Appears in 1 contract

Sources: Mortgage, Security Agreement, Fixture Filing and Financing Statement (Midamerican Energy Co)