Examples of Purchase Money Liens in a sentence
The priorities set forth in Section 10.05(a) are premised upon the assumption that Purchase Money Liens permitted by this Indenture are duly and properly created and perfected and are not avoidable for any reason.
Each Obligor will not, and will not permit any Subsidiary to, create, incur, assume or permit to exist any Restrictive Agreement (other than this Agreement, the Security Documents, documents governing Purchase Money Liens securing Permitted Purchase Money Debt, the ABL Loan Documents or documents governing secured Incremental Notes to the extent permitted by Section 10.2.1(n)).
Purchase Money Liens permitted by this Indenture shall be automatically senior and prior in right to the Security Interests.
These notes pay interest at rates of 10% to 13.5% per annum and are secured by Senior Purchase Money Liens of like amounts.
First, the panel concluded that “the CFPB is unconstitutionally structured because it is an independent agency headed by a single Director.” Op. at 64.