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Career ServicesNegotiating Your First PositionSouthwestern University at Georgetown, TexasProthro Center 1st Floor, 512.863.1346, 512.863.1270 fax career.services×southwestern.edu www.southwestern.edu/careersHere
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First position refers to the priority status of a lien or security interest in an asset.
Creditors or lenders who have a security interest in an asset.
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The purpose of first position is to establish priority rights in case of default or insolvency.
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