Common use of Lien Priorities Clause in Contracts

Lien Priorities. The parties hereto expressly agree that the security interests and liens granted to the Lender shall secure the Indebtedness of the Lender and that, notwithstanding the relative priority or the time of grant, creation, attachment or perfection under applicable law of any security interests and liens of the Investors upon or in any of the Collateral to secure any Indebtedness, whether such security interests and liens are now existing or hereafter acquired or arising and whether such security interests and liens are in or upon now existing or hereafter arising Collateral, such security interests and liens of the Lender shall be first and prior security interests and liens in favor of the Lender to secure the Indebtedness.

Lien Priorities. The parties hereto expressly agree that the security interests and liens granted to the Lender Lenders shall secure the Indebtedness of the Lender on a pro-rata basis and that, notwithstanding the relative priority or the time of grant, creation, attachment or perfection under applicable law of any security interests and liens of the Investors Lenders upon or in any of the Collateral to secure any Indebtedness, whether such security interests and liens are now existing or hereafter acquired or arising and whether such security interests and liens are in or upon now existing or hereafter arising Collateral, such security interests and liens of the Lender shall be first and prior security interests and liens in favor of the Lender Lenders to secure the IndebtednessIndebtedness on a pro-rata basis.

Lien Priorities. The parties hereto expressly agree that the security interests and liens granted to the Lender shall secure the Indebtedness of the Lender and that, notwithstanding the relative priority or the time of grant, creation, attachment or perfection under applicable law of any security interests and liens of the Investors Creditor upon or in any of the Collateral to secure any Indebtedness, whether such these security interests and liens are now existing or hereafter acquired or arising and whether such the security interests and liens are in or upon now existing or hereafter arising Collateral, such the security interests and liens of the Lender on the Collateral shall be first and prior security interests and liens in favor of the Lender (with the except of the security interests created in favor of Highgate House, LLC) to secure the Indebtedness. The Lender agrees that it will not subordinate its first security interest and lien to any party without Creditor’s prior written consent.