Exclusive and First Priority Perfected Lien. The Bank has, as of the date hereof, and shall continue to have, until all of the Obligations are paid in full, first priority, valid perfected liens upon and security interests in all of the Collateral to secure the payment and performance of all of the Obligations.
Appears in 5 contracts
Samples: Second Waiver and Amendment Agreement, Second Waiver and Amendment Agreement, Second Waiver and Amendment Agreement (Selas Corp of America)
Exclusive and First Priority Perfected Lien. The Bank has, as of the date hereof, and shall continue to have, until all of the Obligations are paid in full, first priority, valid perfected liens upon and security interests in all of the Collateral to secure the payment and performance of all of the ObligationsObligations (except for any Permitted Liens which have priority).
Appears in 1 contract
Samples: Third Waiver and Amendment Agreement (Selas Corp of America)
Exclusive and First Priority Perfected Lien. The Bank has, as of the ------------------------------------------- date hereofof this Forbearance Agreement, and shall continue to have, until all of the Obligations are paid in full, first priority, valid perfected liens upon and security interests in all of the Collateral to secure the payment and performance of all of the Obligations.
Appears in 1 contract
Samples: Forbearance Agreement (Ryka Inc)
