Lien Free. Borrower shall keep the Collateral free of all liens and interests, except Permitted Liens. However except as expressly agreed in writing Lender’s lien shall be senior to all Permitted Liens.
Appears in 3 contracts
Samples: Form of Security Agreement LLC Distributions (Greenhill & Co Inc), Security Agreement (Greenhill & Co Inc), Security Agreement (Greenhill & Co Inc)
Lien Free. Borrower Debtor shall keep the Collateral free of all liens and interests, except Permitted Liens. However except as expressly agreed in writing Lender’s lien shall be senior to all Permitted Liens.
Appears in 2 contracts
Samples: Third Party Security Agreement (Greenhill & Co Inc), Third Party Security Agreement (Greenhill & Co Inc)
Lien Free. Borrower shall keep the Collateral free of all liens and interests, except Permitted Liens. However except as expressly agreed in writing Lender’s lien shall be senior to all Permitted LiensLiens (other than any lien granted in favor of the Lender under or in respect of the Revolving Loan Security Agreement, which lien shall be co-equal to any liens granted herein).
Appears in 2 contracts
Samples: Security Agreement (Greenhill & Co Inc), Security Agreement (Greenhill & Co Inc)
