Priority of Liens. Bank’s Lien constitutes a first Lien against the Collateral, prior to all other Liens, including those which may hereafter accrue, except for the Permitted Liens.
Appears in 6 contracts
Samples: Credit Agreement (CNL Healthcare Properties II, Inc.), Credit Agreement (CNL Growth Properties, Inc.), Credit Agreement (CNL Healthcare Properties, Inc.)
Priority of Liens. Upon the occurrence of a Trigger Event, Bank’s Lien constitutes will constitute a first Lien against the Collateral, prior to all other Liens, including those which may hereafter thereafter accrue, except for the Permitted Liens.
Appears in 5 contracts
Samples: Credit Agreement (Theragenics Corp), Credit Agreement (Theragenics Corp), Credit Agreement (Theragenics Corp)
Priority of Liens. Bank’s 's Lien constitutes a first Lien against the Collateral, prior to all other Liens, including those which may hereafter accrue, except for the Permitted Liens.
Appears in 1 contract
Samples: Credit Agreement (American Realty Capital Healthcare Trust Inc)
