First Lien Security Interest definition

First Lien Security Interest in account no. ______ maintained by the Securities Intermediary for the Grantor (the “Account”).
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First Lien Security Interest shall have the meaning assigned to such term in Section 3.01.
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First Lien Security Interest in all right, title or interest in or to any and all of the following assets and properties now owned or at any time hereafter acquired by such Grantor or in which such Grantor now has or at any time in the future may acquire any right, title or interest (but excluding any Excluded Collateral, collectively, the “First-Lien Collateral”):
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Examples of First Lien Security Interest in a sentence

  • Each of the Senior Note Purchasers appoints and authorizes Sankaty Advisors, LLC to act for the Senior Note Purchasers as the First Lien Collateral Agent in connection with the granting of a First Lien Security Interest in the Collateral as contemplated by this Agreement and the Collateral Documents on the terms set forth in the Collateral Documents.

  • IMA and IMA Limited acknowledge that they are validly indebted to Secured Party under the Loan and Security Agreement, as amended hereby, without defense, counterclaim or offset and that all obligations of IMA and IMA Limited thereunder and under the Notes continue to be secured by a valid, perfected First Lien Security Interest in the collateral.

  • Notice and Confirmation of Grant of First Lien Security Interest in Trademarks U.S. Patent and Trademark Office 1519 S.


More Definitions of First Lien Security Interest

First Lien Security Interest means any Lien on the First Lien Collateral granted in favor of the Collateral Agent for the benefit of the First Lien Claimholders, including under Section 3(i) of the Security Agreement.
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