Common use of Properties, Priority of Liens Clause in Contracts

Properties, Priority of Liens. The liens which have been created and granted by the Pledge Agreement constitute valid, first liens on the properties and assets covered by the Pledge Agreement, subject to no prior or equal lien.

Appears in 72 contracts

Samples: Loan Agreement (Gouverneur Bancorp, Inc./Md/), Loan Agreement (NorthEast Community Bancorp, Inc./Md/), Loan Agreement (William Penn Bancorporation)

AutoNDA by SimpleDocs

Properties, Priority of Liens. The liens which have been created and granted by the Amended and Restated Pledge Agreement constitute valid, first liens on the properties and assets covered by the Amended and Restated Pledge Agreement, subject to no prior or equal lien.. EXHIBIT 10.28

Appears in 1 contract

Samples: Loan Agreement (Hudson City Bancorp Inc)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.