First Priority Lien. The liens granted to Secured Party under this Agreement will constitute a first priority lien on the Collateral on the filing of a UCC-1
Appears in 2 contracts
Samples: Confidential Settlement Agreement (Ipg Photonics Corp), Confidential Settlement Agreement (Ipg Photonics Corp)
First Priority Lien. The liens granted to Secured Party under this Agreement will constitute a first priority lien on the Collateral on upon the timely filing of a UCC-1UCC-1 Financing Statement, subject to the release of such collateral by Xxxxxxx Xxxxxxxx.
Appears in 1 contract
First Priority Lien. The liens granted to Secured Party under this Agreement will constitute a first priority lien on the Collateral on upon the timely filing of a UCC-1
Appears in 1 contract
