"I will lift Your Name" Lots of Christian Rock songs have a curious metaphor about "Lifting Your Name".  Is this a direct reference to the words of St. Paul, that at the name of Jesus every knee should bend (Phil 2:10)?  

If so, is it said in reference to the previous line, that Jesus died on the cross and because of that God exalted him?  I'm thinking since exalted = "lift" and the next line mentions Jesus's Holy Name, so put 'em together and you have a nice exhortation for all believers.

Furthermore, is "Lifting Your Name" a prayer of blessing to God?
In history, a name has far more significance than in modern western culture, where it has been relegated to simple a "handle" by which you identify someone.  It used to be significant of the person, and their character.

The idea of lifting someone's name is to exalt that person.  So when we lift the name of Jesus, we are exalting him.

Consider also, the idea of acting in someone else's name - that is acting with their authority by proxy, as if that other person were actually present.  "Open up, in the name of the King!"

Also, consider too, "Therefore go and make disciples of all nations, baptizing them in the name of the Father and of the Son and of the Holy Spirit".