Common use of Perfection Actions; Prior Liens Clause in Contracts

Perfection Actions; Prior Liens. Upon the completion of the ------------------------------- deliveries, filings and other actions contemplated hereby, the security interest granted to Secured Party for the benefit of the Secured Parties pursuant to this Agreement in and to the Pledged Collateral will constitute a perfected security interest therein, superior and prior to the rights of all other Persons therein other than with respect to the Liens identified on Annex A relating to the items of Pledged Collateral identified on such ------- annex (the "Prior Liens").

Appears in 2 contracts

Samples: Securities Pledge Agreement (Coaxial LLC), Securities Pledge Agreement (Coaxial LLC)

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Perfection Actions; Prior Liens. Upon the completion of the ------------------------------- deliveries, filings and other actions contemplated hereby, the security interest granted to Secured Party Trustee for the benefit of the Secured Parties pursuant to this Agreement in and to the Pledged Collateral will constitute a perfected security interest therein, superior and prior to the rights of all other Persons therein other than with respect to the Liens identified on Annex A relating to the items of Pledged Collateral identified on such ------- annex (the "Prior Liens").

Appears in 2 contracts

Samples: Securities Pledge Agreement (Coaxial LLC), Securities Pledge Agreement (Insight Communications of Central Ohio LLC)

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Perfection Actions; Prior Liens. Upon the completion of the ------------------------------- deliveries, filings and other actions contemplated hereby, the security interest granted to Secured Party Trustee for the benefit of the Secured Parties pursuant to this Agreement in and to the Pledged Collateral will constitute a perfected security interest therein, superior and prior to the rights of all other Persons therein other than with respect to the Liens identified on Annex A relating to the items of Pledged Collateral identified on such ------- annex (the "Prior Liens").

Appears in 1 contract

Samples: Securities Pledge Agreement (Coaxial LLC)

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