Perfected Liens. DFS shall have a perfected first priority Lien and security interest in the Collateral, subject only to the Permitted Liens.
Appears in 7 contracts
Samples: Credit and Security Agreement (Elcom International Inc), Credit and Security Agreement (Creative Computers Inc), Loan and Security Agreement (Rdo Equipment Co)
Perfected Liens. DFS shall have a perfected first priority Lien ---------------- and security interest in the Collateral, subject only to the Permitted Liens.
Appears in 1 contract
Samples: Credit and Security Agreement (Pomeroy Computer Resources Inc)