Common use of Priority of Liens Clause in Contracts

Priority of Liens. The foregoing liens shall be first and prior liens except for Permitted Liens.

Appears in 9 contracts

Sources: Loan and Security Agreement (World Energy Solutions, Inc.), Revolving, Warehouse and Term Loan Agreement (Cavalier Homes Inc), Loan Agreement (Ipg Photonics Corp)

Priority of Liens. The foregoing liens shall be first and prior liens except for the Permitted Liens.

Appears in 4 contracts

Sources: Credit Facility Agreement (Dycom Industries Inc), Credit Facility Agreement (Dycom Industries Inc), Revolving Loan Agreement (KMG B Inc)

Priority of Liens. The foregoing liens shall be first and prior liens except for subject only to Permitted Liens.

Appears in 1 contract

Sources: Loan and Security Agreement (Strategic Diagnostics Inc/De/)

Priority of Liens. The foregoing liens shall be first and prior liens except for priority perfected liens, subject only to Permitted Liens.

Appears in 1 contract

Sources: Loan and Security Agreement (Cantel Industries Inc)

Priority of Liens. The foregoing liens shall will be first and prior liens except for perfected liens, subject to Permitted Liens.

Appears in 1 contract

Sources: Loan and Security Agreement (Intrinsix Corp)

Priority of Liens. The foregoing liens Liens shall be first and prior liens Liens except for the Permitted Liens.

Appears in 1 contract

Sources: Credit Facility Agreement (Dycom Industries Inc)