Common use of First Lien Status Clause in Contracts

First Lien Status. Mortgagor shall preserve and protect the first lien and security interest status of this Mortgage. If any lien or security interest other than a Permitted Lien is asserted against the Mortgaged Property, Mortgagor shall promptly take such action as may be required pursuant to the Credit Agreement so as to cause it to be released or contested (including, if applicable, the requirement of providing a bond or other security reasonably satisfactory to Mortgagee).

First Lien Status. Except for Permitted Liens, Mortgagor shall preserve and protect the first lien and security interest status of this MortgageMortgage against the Mortgaged Property. If any lien or security interest other than a Permitted Lien is asserted against the Mortgaged Property, Mortgagor shall as promptly as practical, and at its expense, take such reasonable action as may be required pursuant to the Credit Agreement so as to cause it to be released or contested contest the same (including, if applicableas determined by Mortgagor) in compliance with the requirements of the Credit Agreement, the requirement of providing a bond or Loan Documents and the other security reasonably satisfactory to Mortgagee)Security Documents.

First Lien Status. Mortgagor shall preserve and protect the first lien and security interest status of this Mortgage. If any lien or security interest other than a the Permitted Lien Encumbrances is asserted against the Mortgaged Property, Mortgagor shall promptly upon obtaining notice thereof, and at its expense, (a) give Mortgagee a detailed written notice of such lien or security interest (including origin, amount and other terms), and (b) pay the underlying claim in full or take such other action as may be required pursuant to the Credit Agreement so as to cause it to be released or contested (including, if applicable, contest the requirement same in compliance with the requirements of providing a bond or other security reasonably satisfactory to Mortgagee)the Credit Agreement.

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

First Lien Status. Mortgagor shall preserve and protect the first lien and security interest status of this MortgageMortgage and the other Credit Documents to the extent related to the Mortgaged Property. If Mortgagor will not directly or indirectly, create, incur, assume or permit to exist any lien or security interest other than a Permitted Lien is asserted against on the Mortgaged Property, Mortgagor shall promptly take such action except Permitted Liens as may be required pursuant to set forth in Section 6.2 of the Credit Agreement so as to cause it to be released or contested (including, if applicable, the requirement of providing a bond or other security reasonably satisfactory to Mortgagee)Agreement.

First Lien Status. Mortgagor shall preserve and protect the first priority lien and security interest status of this Mortgage. If any lien or security interest other than a the Permitted Lien Liens is asserted against the Mortgaged Property, Mortgagor shall promptly promptly, and at its expense, give Agent a detailed written notice of such lien or security interest (including origin, amount and such other information as Agent may reasonably request), and shall either (a) pay or otherwise satisfy the underlying claim in full or take such other action as may be required pursuant to the Credit Agreement so as to cause it to be released released, or contested (including, if applicable, b) contest the requirement same in compliance with the requirements of providing a bond or other security reasonably satisfactory to Mortgagee)the Credit Agreement.

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