Common use of First Priority Lien Clause in Contracts

First Priority Lien. The Agent on behalf of the Lenders holds a first priority lien, subject to no other Liens other than Permitted Liens in the Collateral.

First Priority Lien. The Agent on behalf of the Lenders holds will hold a first priority lien, subject to no other Liens other than Permitted Liens in the Collateral.

First Priority Lien. The Collateral Agent on behalf of the Lenders Lenders, the Noteholders and the Permitted Holders, holds a first priority lienLien, subject to no other Liens other than Permitted Liens Liens, in the Collateral.

First Priority Lien. The Agent Agent, on behalf of the Lenders Lenders, holds a first priority lien, subject to no other Liens other than the Permitted Liens Liens, in the Collateral.

First Priority Lien. The Agent Agent, on behalf of the Lenders Lenders, holds a first priority lien, subject to no other Liens other than Permitted Liens Liens, in the Collateral.