Common use of First Priority Lien Clause in Contracts

First Priority Lien. Receipt by the Agent of evidence satisfactory in form and substance to the Agent, that the Agent, on behalf of the Lenders, holds a perfected, first priority lien, subject to no other Liens other than Permitted Liens, in the Collateral.

First Priority Lien. Receipt by the Agent of evidence satisfactory in form and substance to the Agent, that the Agent, on behalf of the Lenders, Collateral Agent holds a perfected, first priority lien, Lien (subject to no other Liens other than Permitted Liens, ) in the Collateral.

First Priority Lien. Receipt by the Agent of evidence satisfactory in form and substance to the Agent, that the Agent, on behalf of the Lenders, holds a perfected, first priority lien, subject to no other Liens other than the Permitted Liens, in the Collateral.

First Priority Lien. Receipt by the Agent of evidence satisfactory in form and substance to the Agent, that the Collateral Agent, on behalf of the LendersLenders (and affiliates of Lenders as to certain obligations under Hedging Agreements) and the Noteholders, holds a perfected, first priority lien, subject to no other Liens other than Permitted Liens, in the Collateral.

First Priority Lien. Receipt by the Agent of evidence satisfactory ------------------- in form and substance to the Agent, that the Agent, on behalf of the Lenders, holds a perfected, first priority lien, subject to no other Liens other than Permitted Liens, in the Collateral.