First Priority Lien. The liens granted to Secured Party under this Agreement will constitute a first priority lien on the Collateral on the filing of a UCC-1
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Samples: Confidential Settlement Agreement (Ipg Photonics Corp), Confidential Settlement Agreement (Ipg Photonics Corp)
First Priority Lien. The liens granted to Secured Party under this Agreement will constitute a first priority lien on the Collateral on upon the timely filing of a UCC-1
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First Priority Lien. The liens granted to Secured Party under this Agreement will constitute a first priority lien on the Collateral on upon the timely filing of a UCC-1UCC-1 Financing Statement, subject to the release of such collateral by Xxxxxxx Xxxxxxxx.
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