Status of Security Interest. (a) Grantor shall maintain the security interest of the Lender hereunder in all Collateral as valid, perfected, first priority Liens (subject to Permitted Liens).
Appears in 8 contracts
Samples: Pledge and Security Agreement, Pledge and Security Agreement (First Foundation Inc.), Pledge and Security Agreement (ServisFirst Bancshares, Inc.)
Status of Security Interest. (a) Grantor shall maintain the security interest of the Lender hereunder in all Collateral as valid, perfected, first priority Liens (subject to Permitted Liens).
Appears in 1 contract
Samples: Pledge and Security Agreement (Origin Bancorp, Inc. Attn: Chase Anderson)
Status of Security Interest. (a) Each Grantor shall maintain the security interest of the Lender Collateral Agent hereunder in all Collateral as valid, perfected, first priority Liens (subject to Permitted Liens).
Appears in 1 contract
Samples: Reimbursement and Guaranty Agreement (Delek US Holdings, Inc.)
Status of Security Interest. (a) Such Grantor shall maintain the security interest of the Lender hereunder in all Collateral as a valid, perfected, first first-priority Liens Lien (subject subject, in the case of priority only, to Permitted Liens).
Appears in 1 contract
Samples: Collateral Agreement (Atrion Corp)