First Priority Priming Liens. (i) any Permitted Liens applicable to such Collateral which as a matter of law have priority over the respective Liens on such Collateral created in favor of the Agent for the benefit of the Secured Parties pursuant to the relevant Security Document and (ii) without limitation of clause (i), any Lien on Collateral located on premises subject to a lease or held in a warehouse and in which the landlord or warehouseman thereunder has a first priority perfected security interest in such Collateral.
First Priority Priming Liens shall have the meaning provided in the definition of First Priority.
First Priority Priming Liens means Liens permitted by clauses (a), (b) and (f) of the definition of Permitted Encumbrances.
Examples of First Priority Priming Liens in a sentence
The Debtor Should Be Authorized to Obtain Postpetition Financing Secured, in Part, by First Priority Priming Liens.
The Debtors Should Be Authorized to Obtain Post-Petition Financing Secured by First Priority Priming Liens.
The Debtors Should be Authorized to Obtain Postpetition Financing Secured by First Priority Priming Liens.
The Debtors Should Be Authorized to Obtain Postpetition Financing Secured by First Priority Priming Liens.
The Debtors Should be Authorized to ObtainPostpetition Financing Secured by First Priority Priming Liens.
The Debtors Should Be Authorized to ObtainPostpetition Financing Secured by First Priority Priming Liens.