First Ranking Interest definition
First Ranking Interest means an Interest which is expressed as being "first ranking", "first priority", or similar ("First Ranking") in the document creating such Interest (notwithstanding that such Interest may not be First Ranking under any insolvency laws of any relevant insolvency jurisdiction of the LPN Issuer).
First Ranking Interest means a charge, security interest (or other type of interest having similar effect) (for the purposes of this definition, an "Interest"), which is expressed as being "first ranking", "first priority", or similar ("First Ranking") in the document creating such Interest (notwithstanding that such Interest may not be First Ranking under any insolvency laws of any related insolvency jurisdiction of the LPN Issuer).
First Ranking Interest means a charge, security interest (or other type of interest having similar effect) (an “Interest”)
More Definitions of First Ranking Interest
First Ranking Interest means a charge, security interest (or other type of interest having similar effect) (an "Interest"), which is expressed as being "first ranking", "first priority", or similar