First Priority. Assuming the timely filing of financing statements covering the Collateral, the security interest granted hereby constitutes a first priority security interest in and Lien on all of the Collateral, subject only to Permitted Liens.
First Priority. Reinstatement from layoff, return from leave of absence granted for medical reasons. To fill a vacancy in the first priority category, the HRO will submit the names of all qualified applicants to the Hiring Manager.
First Priority. Except for Permitted Liens, when the initial Loans are made hereunder, this Agreement, together with the other Loan Documents, will create valid and perfected first priority security interests and liens in and upon the Collateral covered thereby, in each case enforceable against the Borrower or such Subsidiary and all other Persons in all relevant jurisdictions and securing the payment of all Obligations purported to be secured thereby.
First Priority. It will take all actions, sign all documents, effect all registrations and otherwise act so as to carry out the intent of this Agreement which is that the Liens created by the Security Documents are to rank first against all of its undertaking, property and assets subject only to Permitted Liens.
First Priority. Any resident of a household with no greater than 80% Median Income that resides within the Low and Moderate Income Areas identified in Figure 3-12 of the City of Santa Monica’s 2013-2021 Housing Element;
First Priority. All newly arriving refugees/entrants during their first year in the U.S. who apply for services;
First Priority. Each of the Pledge Agreements and each of the Security Agreements (assuming possession by the Agent of certificates representing Collateral consisting of Securities and proper and timely filing of the Financing Statements and continuation statements in the locations set forth in the Schedules to the Security Agreements) creates a valid and perfected first priority security interest and lien in and to the Collateral described therein, in each case enforceable against the Borrower Affiliate party thereto and all third parties in all relevant jurisdictions and securing the payment of all Obligations purported to be secured thereby.
First Priority. The Liens granted to Agent, on behalf of itself and Lenders, pursuant to the Collateral Documents will at all times be fully perfected first priority Liens in and to the Collateral described therein, subject, as to priority, only to Permitted Encumbrances with respect to the Collateral other than Accounts.
First Priority. This Agreement shall be registered as first priority against title to the Land and shall take priority over any vendor take-back mortgages or subsequent mortgages and registrations or any other encumbrances against title to the Land. No work shall be performed on the Land nor any use made of the Land with respect to the proposed development except in conformity with all provisions of this Agreement and appended schedules which form part of this Agreement. The Owner shall, prior to commencing any work on the Land with respect to the proposed development, obtain all necessary permits and approvals from the Municipality and from all Ministries and agencies, including, but not limited to the Nottawasaga Valley Conservation Authority.
First Priority. To pay all administrative and operating expenses; --------------
