Common use of First Priority Lien Clause in Contracts

First Priority Lien. The Collateral Agent on behalf of the Lenders, the Noteholders and the Permitted Holders, holds a first priority Lien, subject to no other Liens, in the Collateral.

First Priority Lien. The Collateral Agent on behalf of the Lenders, the Noteholders and the Permitted Holders, Lenders holds a first priority Lienlien, subject to no other Liens, Liens other than Permitted Liens in the Collateral.

First Priority Lien. The Collateral Agent on behalf of the Lenders, the Noteholders and the Permitted Holders, holds Lenders will hold a first priority Lienlien, subject to no other Liens, Liens other than Permitted Liens in the Collateral.

First Priority Lien. The Collateral Agent Agent, on behalf of the Lenders, the Noteholders and the Permitted Holders, holds a first priority Lienlien, subject to no other Liens, in the Collateral.

First Priority Lien. The Collateral Agent Agent, on behalf of the Lenders, the Noteholders and the Permitted Holders, holds a first priority Lienlien, subject to no other Liens other than the Permitted Liens, in the Collateral.