Perfection and Priority of Liens. The pledge and grant of a security interest in the Pledged Collateral pursuant to this Agreement will create a valid and perfected Lien on and in the Pledged Collateral, and the proceeds thereof, securing the payment of the Obligations, subject to no prior Lien; and
Appears in 3 contracts
Samples: Pledge and Security Agreement (Veris Residential, L.P.), Pledge and Security Agreement (Mack Cali Realty L P), Pledge and Security Agreement (Mack Cali Realty L P)
Perfection and Priority of Liens. The pledge and grant of a security interest in the Pledged Collateral pursuant to this Agreement will create a valid and perfected DB3/ 204702720.5 Lien on and in the Pledged Collateral, and the proceeds thereof, securing the payment of the Obligations, subject to no prior Lien; and
Appears in 2 contracts
Samples: Pledge and Security Agreement (Veris Residential, L.P.), Pledge and Security Agreement (Veris Residential, L.P.)
Perfection and Priority of Liens. The pledge and grant of a security interest in in, and delivery of the Pledged Collateral pursuant to this Agreement Agreement, will create a valid and perfected Lien on and in the Pledged Collateral, and the proceeds thereof, securing the payment of the Secured Obligations, subject to no prior Lien; and, assuming continued possession of the original certificates evidencing the Securities constituting Pledged Collateral by the Collateral Agent.
Appears in 2 contracts
Samples: Note Purchase Agreement (Us Geothermal Inc), Note Purchase Agreement (Us Geothermal Inc)
Perfection and Priority of Liens. The pledge and grant of a security interest in in, and delivery of the Pledged Collateral pursuant to this Agreement Agreement, will create a valid and perfected Lien on and in the Pledged Collateral, and the proceeds thereof, securing the payment of the Secured Obligations, subject to no prior Lien; and, assuming continued possession of the original certificates evidencing the Securities relating to the Raft River Interests constituting Pledged Collateral by the Collateral Agent.
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