Common use of Grant of Security Interest — First Lien Clause in Contracts

Grant of Security Interest — First Lien. To secure the First Lien Secured Obligations, the undersigned Grantor hereby assigns and pledges to the First Lien Security Trustee for its benefit and the benefit of the other First Lien Secured Parties and hereby grants to the First Lien Security Trustee for its benefit and the benefit of the other First Lien Secured Parties a first priority security interest in, all of its right, title and interest in and to the following (collectively, the “Supplementary Collateral”):

Appears in 3 contracts

Samples: Aircraft Lease Agreement (International Lease Finance Corp), Aircraft Lease Agreement (International Lease Finance Corp), Aircraft Lease Agreement (International Lease Finance Corp)

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Grant of Security Interest — First Lien. To secure the First Lien Secured Obligations, the undersigned each Grantor hereby assigns and pledges to the First Lien Security Trustee Trustee, for its benefit and the benefit of the other First Lien Secured Parties Parties, and hereby grants to the First Lien Security Trustee for its benefit and the benefit of the other First Lien Secured Parties a first priority security interest in, all of its such Grantor’s right, title and interest in and to the following (collectively, the “Supplementary Collateral”):

Appears in 3 contracts

Samples: Aircraft Lease Agreement (International Lease Finance Corp), Aircraft Lease Agreement (International Lease Finance Corp), Aircraft Lease Agreement (International Lease Finance Corp)

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