Common use of Priority of Liens Clause in Contracts

Priority of Liens. The foregoing liens shall be first and prior liens except for Permitted Liens.

Appears in 9 contracts

Samples: Loan and Security Agreement (World Energy Solutions, Inc.), Loan and Security Agreement (Ipg Photonics Corp), Loan and Security Agreement (Berger Holdings LTD)

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Priority of Liens. The foregoing liens shall be first and prior liens except for the Permitted Liens.

Appears in 4 contracts

Samples: Term Loan Agreement (KMG B Inc), Revolving Loan Agreement (KMG B Inc), Security Agreement (Dycom Industries Inc)

Priority of Liens. The foregoing liens Liens shall be first and prior liens Liens except for the Permitted Liens.

Appears in 1 contract

Samples: Credit Facility Agreement (Dycom Industries Inc)

Priority of Liens. The foregoing liens shall will be first and prior liens except for perfected liens, subject to Permitted Liens.

Appears in 1 contract

Samples: Loan and Security Agreement (Intrinsix Corp)

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Priority of Liens. The foregoing liens shall be first and prior liens except for subject only to Permitted Liens.

Appears in 1 contract

Samples: Loan and Security Agreement (Strategic Diagnostics Inc/De/)

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