Sentence examples similar to secured first lien from inspiring English sources
"The people want the borders secured first".
The bonds, rated A-1 by Moody's and AA by S. & P., are secured by a first lien on the revenues of the city's water system.
The loan shall be secured by a perfected first lien or first security interest in favor of the credit union supported by a properly executed and recorded security instrument.
The loan shall be made on a one to four family dwelling that is or will be the principal residence of the member-borrower and the loan shall be secured by a perfected first lien in favor of the credit union on such dwelling (or a perfected first security interest in the case of either a residential cooperative or a leasehold or ground rent estate).
Sterling secures fourth straight Liverpool win.
The bonds are secured by a pledge of, and first lien on, property tax revenues.
But the bankruptcy resolved a major dispute with retirees over pensions, and it has forged a restructuring plan that, while wiping out shareholders, should pay secured creditors and second-lien noteholders in full.
Naturally, lenders prefer to be in the first lien position.
When it is the first lien holder, it will offer the same to holders of the second lien.
When Bank of America held the second lien, it also required first lien holders to forfeit that amount in a short sale.
