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

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

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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

Samples: Pledge and Security Agreement (LaSalle Hotel Properties), Senior Unsecured Credit Agreement (LaSalle Hotel Properties), Guaranty and Contribution Agreement (LaSalle Hotel Properties)

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

Samples: Mortgage, Security Agreement (Midamerican Energy Co)

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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

Samples: Assignment and Assumption (Gogo Inc.)

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