Prior Liens definition

Prior Liens means Liens which, pursuant to the provisions of any Security Document, are or may be superior to the Lien of such Security Document.

Prior Liens means, collectively, the Liens identified in Schedule B annexed to this Mortgage.

Prior Liens means Liens that, pursuant to the provisions of any Security Document, are or may be superior to the Lien of such Security Document.

Examples of Prior Liens in a sentence

• B Prior Liens on Real Estate CCC’s security interest in the collateral, such as the actual storage structure, shall constitute the sole security interest in collateral.

• The Agent holds a first-priority security interest in and continuing lien upon substantially all of Blackjewel L.L.C.’s assets, subject only to certain Permitted Prior Liens (as defined in the Riverstone Agreement).

• For the avoidance of doubt, the Adequate Protection Liens shall be senior in priority to the liens securing the Pre-Petition Obligations and shall be subject to the DIP Liens, the Carve-Out, and the Permitted Prior Liens, in all respects.

• The Permitted Prior Liens are defined in the Riverstone Agreement to be those liens, security interests and other encumbrances set forth on Schedule 6.22 thereof (in respect of personal property) and Schedule 8.01(m) thereof (in respect of real property); copies of such Schedule 6.22 and Schedule 8.01(m) are attached to the DIP Motion (as defined below).

• Notwithstanding anything herein to the contrary, all parties retain and reserve all their rights to dispute the validity, priority, enforceability and perfection of the Prior Liens.

More Definitions of Prior Liens

Prior Liens means, collectively, the Liens identified in Schedule III annexed hereto relating to those items of Collateral identified in such Schedule.

Prior Liens means, collectively, the Liens identified in Schedule B annexed to this Deed of Trust.

Prior Liens means those Liens and other encumbrances permitted by paragraphs (a), (c), (d), (e), (f), (i), (j), (l), (n), (o), (p), (q), (r), (dd), or (ff) of Section 6.02; provided that with licenses permitted under paragraphs (q) or (ff) of Section 6.02 shall be deemed “Prior Liens” solely to the extent that such licenses are non-exclusive.

Prior Liens means those Liens and other encumbrances permitted by paragraphs (a), (c), (d), (e), (f), (g), (i), (j), (l), (n), (o), (p), (q), (r), (x), (y), (aa), (dd), or (ff) of Section 6.02; provided that licenses permitted under paragraphs (q) or (ff) of Section 6.02 shall be deemed “Prior Liens” solely to the extent that such licenses are non-exclusive.

Prior Liens means Liens which, to the extent permitted by the provisions of any Security Document, are or may be superior to the Lien of such Security Document.

Prior Liens means those Liens and other encumbrances (A) permitted by paragraphs (a), (c), (d), (e), (f), (g), (h), (i), (j), (m), (n), (o), (p), (q), (r), (u), (v), (y), (aa), (bb), (dd), (ee) or (gg) of Section 6.02, (B) consisting of deposits or other Liens on cash or Permitted Investments permitted by any paragraph of Section 6.02 (without prejudice to the requirements of the proviso in paragraph (l) of Section 6.02), or (C) that otherwise have priority over the liens in favor of the Collateral Agent by operation of law; provided, that licenses permitted under paragraphs (q) or (ee) of Section 6.02 shall be deemed “Prior Liens” solely to the extent that such licenses are nonexclusive.

Prior Liens means the Liens of the Prior Lienholders created under the Prior Lienholders Security Agreements.