Common use of First Ranking Clause in Contracts

First Ranking. The Company specifically acknowledges that all of the Security Interests created by the Company under Section 3 (Security) of this Debenture shall rank in priority to any other Security Interests created by the Company.

First Ranking. The Company specifically acknowledges that all of the Security Interests created by the Company under Section 3 ‎3 (Security) of this Debenture shall rank in priority to any other Security Interests created by the CompanyCompany subject to the Creditor Floating Charge and the Permitted Security Interests.

First Ranking. The Company specifically acknowledges that that, subject only to the Company Permitted Security Interests, all of the Security Interests created by the Company under Section 3 (Security) of this Debenture shall rank in priority to any other Security Interests created by the Company.

First Ranking. The Company specifically acknowledges that all of the Security Interests created by the Company under Section 3 (Security) 2 of this Debenture shall rank in priority to any other Security Interests created by the Company, (subject to Section 1.6 of the Loan Agreement).

First Ranking. The Company specifically acknowledges that all of the Security Interests created by the Company under Section 3 ‎3 (Security) of this Debenture shall rank in priority to any other Security Interests created by the CompanyCompany subject to the Creditor Fixed Charge and the Permitted Security Interests.