Common use of Priority and Liens Clause in Contracts

Priority and Liens. The parties hereto acknowledge and agree that, upon entry of the DIP Orders and the delivery and execution of this Agreement, the Obligations shall at all times be secured and perfected pursuant to, and have the superpriority claims and liens as set forth in, the DIP Orders and herein.

Priority and Liens. The parties hereto acknowledge and agree that, upon entry of the DIP Orders Order and the delivery and execution of this Agreement, the Secured Obligations shall at all times be secured and perfected pursuant to, and have the superpriority claims and liens as set forth in, in the DIP Orders and hereinOrder, subject at all times to the Carve-Out.

Priority and Liens. The parties hereto acknowledge and agree that, upon entry of the DIP Orders Order and the delivery and execution of this Agreement, the Obligations shall at all times be secured and perfected pursuant to, and have the superpriority super-priority claims and liens Liens in all of the DIP Collateral (as defined in the DIP Order), but in any case, excluding any Excluded Assets, now existing or hereafter acquired, as set forth in, in the DIP Orders Order and herein.

Priority and Liens. The parties hereto acknowledge and agree that, upon entry of the DIP Orders Order and the delivery and execution of this Agreement, the Obligations of the Loan Parties shall at all times be secured and perfected pursuant to, and have the superpriority claims and liens priority as set forth in, the DIP Orders and hereinOrder.

Priority and Liens. The parties hereto acknowledge and agree that, upon entry of the DIP Orders and the delivery and execution of this Agreement, the Secured Obligations shall at all times be secured and perfected pursuant to, and have the superpriority claims Superpriority Claims and liens Liens as set forth in, the DIP Orders and hereinOrders.