Common use of First Priority Security Interest Clause in Contracts

First Priority Security Interest. The Administrative Agent, for the benefit of the Lenders, has a first priority perfected security interest in the collateral pledged by the Borrower pursuant to the Security Agreement.

First Priority Security Interest. The Administrative Agent, for the benefit of the Lenders, has a first priority perfected security interest in the collateral Collateral pledged by the Borrower pursuant to the Security Agreement.

First Priority Security Interest. The -------------------------------- Administrative Agent, for the benefit of the Lenders, has a first priority perfected security interest in the collateral Collateral pledged by the Borrower pursuant to the Security Agreement, the Mortgage, and the Pledge Agreement following performance of the procedures specified herein.

First Priority Security Interest. The Administrative Agent, -------------------------------- for the benefit of the Lenders, has a first priority perfected security interest in the collateral pledged by the Borrower pursuant to the Security Agreement.

First Priority Security Interest. The Administrative Agent, for the benefit of the Lenders, has a first priority perfected security interest in the collateral Collateral pledged by the Borrower Max Re pursuant to the Security Agreement.

First Priority Security Interest. The Administrative Agent, for -------------------------------- the benefit of the Lenders, has a first priority perfected security interest in the collateral pledged by the Borrower pursuant to the Security Agreement.