Lien Perfection and Priority Sample Clauses

Lien Perfection and Priority. From and after the Closing Date, by reason of the filing of financing statements, continuation statements, assignments of financing statements and termination statements in all requisite governmental offices, this Agreement and the other Loan Documents will create and constitute a valid and perfected first priority security interest (except as permitted by this Agreement or the other Loan Documents) in and Lien on that portion of the Collateral which can be perfected by such filing and by the execution and delivery of this Agreement and the other Loan Documents, which security interest will be enforceable against each Borrower and all third parties as security for payment of all Obligations. From and after the Closing Date, by reason of the delivery to the Lender of all Collateral consisting of Instruments and Certificated Securities, in each case properly endorsed for transfer to the Lender or in blank and assuming the Lender had no notice of an adverse claim, this Agreement and the other Loan Documents will create and constitute a valid and perfected first priority security interest (except as permitted by this Agreement or the other Loan Documents) in and Lien on that portion of the Collateral which can be perfected by such possession and endorsement and by the execution and delivery of this Agreement and the other Loan Documents, which security interest will be enforceable against each Borrower and all third parties as security for payment of all Obligations.
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Lien Perfection and Priority. Upon the execution and delivery of this Agreement, and upon the proper filing of the necessary financing statements without any further action, Lender will have a good, valid and perfected first priority Lien and security interest in the Collateral, subject to no transfer or other restrictions or Liens of any kind in favor of any other Person except for Permitted Liens. No financing statement relating to any of the Collateral is on file in any public office except those (i) on behalf of Lender, and (ii) in connection with Permitted Liens.
Lien Perfection and Priority. (a) Upon the execution and delivery of this Agreement, and upon the proper filing of the necessary financing statements; and (b) recordation of the Amended and Restated Trademark Security Agreement in the Applicable IP Office, without any further action, Lender will have a good, valid and perfected first priority Lien and security interest in the Collateral in which a security interest is perfected by such filing or recordation, subject to no transfer or other restrictions or Liens of any kind in favor of any other Person except for Permitted Liens. No financing statement relating to any of the Collateral is on file in any applicable public office except those (i) on behalf of Lender and (ii) in connection with Permitted Liens.
Lien Perfection and Priority. Evidence that the Authority's lien in the property created under the Covenant Agreement described in Section 5.11A. of this Agreement is valid, enforceable, and properly perfected.
Lien Perfection and Priority. All liens and security interests under the Security Agreement, the Pledge Agreement and the Collateral Assignment of Key-Man Insurance shall have been properly perfected, and McKesson shall have received evidence satisfactory to it of the first priority of the security interest under such Security Documents, subject only to Permitted Liens.
Lien Perfection and Priority. 54 6.4 COVENANTS REGARDING LIEN WAIVERS, LANDLORD, MORTGAGEE, BAILEE AND PROCESSOR NOTICES AND WAIVERS, WAREHOUSE RECEIPTS........................................................54 6.5
Lien Perfection and Priority. From and after the Closing Date, by reason of the filing of financing statements, assignments of financing statements and termination statements in all requisite governmental offices, this Agreement and the other Loan Documents will create and constitute a valid and perfected first priority security interest (except as permitted by this Agreement or the other Loan Documents) in and Lien on that portion of the Collateral which can be perfected by such filing and by the execution and delivery of this Agreement and the other Loan Documents, which security interest will be enforceable against the Borrower and the Subsidiary Guarantors and all third parties as security for payment of all Secured Obligations. From and after the Closing Date, by reason of the delivery to the Administrative Agent of all Collateral consisting of Instruments and Certificated Securities, in each case properly endorsed for transfer to the Administrative Agent or in blank, this Agreement and the other Loan Documents will create and constitute a valid and perfected first priority security interest (except as permitted by this Agreement or the other Loan Documents) in and Lien on that portion of the Collateral which can be perfected by such possession and endorsement and by the execution and delivery of this Agreement and the other Loan Documents, which security interest will be enforceable against the Borrower and the Subsidiary Guarantors and all third parties as security for payment of all Secured Obligations. From and after the Closing Date, by reason of the filing of the mortgages and deeds of trust, this Agreement and the other Loan Documents will create and constitute a valid first priority Lien on the Collateral that is real property except as set forth on the Disclosure Schedule.
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Lien Perfection and Priority. All liens and security interests under the Security Agreement, and if applicable, the Pledge Agreement shall have been properly
Lien Perfection and Priority. The Lender shall have received and filed financing statements on Form UCC-1 and any financing statements under the PPSA necessary or, in the reasonable opinion of the Lender, desirable to perfect the Liens created by the Orders or the Security Documents and the Lender’s post-registration search results show the filing against the Borrower of no UCC-1 statements or PPSA financing statements in respect of Collateral evidencing a Lien with a higher priority than those in favor of the Lender;
Lien Perfection and Priority. Not later than fifteen (15) days prior to the Commencement Date, the City shall receive evidence satisfactory to the City that after construction is complete and Tax Exempt Bonds are paid in full, the City’s lien on the Property created under the Mortgage and Security Agreement shall be valid, enforceable, and properly perfected.
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