Common use of Bankruptcy Rights Clause in Contracts

Bankruptcy Rights. If this Agreement is determined to be anything other than a services agreement from Dell to Distributor, then Distributor grants Dell a first priority security interest in the APEX System (and all proceeds thereof) and Dell retains the first lien and security interest in the APEX System and all proceeds. Distributor agrees that Dell may file protective documents with government or other authorities in Distributor’s jurisdiction of incorporation or other applicable locations in order to inform third parties and lenders that Dell owns the APEX System at the Site.

Bankruptcy Rights. If this Agreement is determined to be anything other than a services agreement from Dell to DistributorYou, then Distributor grants You grant Dell a first priority security interest in the APEX System (and all proceeds thereof) and Dell retains the first lien and security interest in the APEX System and all proceeds. Distributor agrees You agree that Dell may file protective documents with government or other authorities in Distributor’s Your jurisdiction of incorporation or other applicable locations in order to inform third parties and lenders that Dell owns the APEX System at the Your Site.

Bankruptcy Rights. If this Agreement is determined to be anything other than a services agreement from Dell to DistributorReseller, then Distributor Reseller grants Dell a first priority security interest in the APEX System (and all proceeds thereof) and Dell retains the first lien and security interest in the APEX System and all proceeds. Distributor Xxxxxxxx agrees that Dell may file protective documents with government or other authorities in DistributorReseller’s jurisdiction of incorporation or other applicable locations in order to inform third parties and lenders that Dell owns the APEX System at the Site.

Bankruptcy Rights. If this Agreement is determined to be anything other than a services agreement from Dell to DistributorYou, then Distributor grants You grant Dell a first priority security interest in the APEX System (and all proceeds thereof) and Dell retains the first lien and security interest in the APEX System and all proceeds. Distributor agrees You agree that Dell may file protective documents with government or other authorities in Distributor’s Your jurisdiction of incorporation or other applicable locations in order to inform third parties and lenders that Dell owns the APEX System at the Site.

Bankruptcy Rights. If this Agreement is determined to be anything other than a services agreement from Dell to DistributorDistributor and to the maximum extent allowed by applicable laws, then Distributor grants Dell a first priority security interest in the APEX System (and all proceeds thereof) and Dell retains the first lien and security interest in the APEX System and all proceeds. Distributor agrees that Dell may file protective documents with government or other authorities in Distributor’s jurisdiction of incorporation or other applicable locations in order to inform third parties and lenders that Dell owns the APEX System at the Site.

Bankruptcy Rights. If this Agreement is determined to be anything other than a services agreement from Dell to DistributorYou, then Distributor grants You grant Dell a first priority security interest in the APEX System (and all proceeds thereof) and Dell retains the first lien and security interest in the APEX System and all proceeds. Distributor agrees You agree that Dell may file protective documents with government or other authorities in Distributor’s Your jurisdiction of incorporation or other applicable locations in order to inform third parties and lenders that Dell owns the APEX System at the Your Site.

Bankruptcy Rights. If this Agreement is determined to be anything other than a services agreement from Dell to DistributorReseller, then Distributor Reseller grants Dell a first priority security interest in the APEX System (and all proceeds thereof) and Dell retains the first lien and security interest in the APEX System and all proceeds. Distributor Xxxxxxxx agrees that Dell may file protective documents with government or other authorities in DistributorReseller’s jurisdiction of incorporation or other applicable locations in order to inform third parties and lenders that Dell owns the APEX System at the Site.

Bankruptcy Rights. If this Agreement is determined to be anything other than a services agreement from Dell to DistributorYou, then Distributor grants You grant Dell a first priority security interest in the APEX System (and all proceeds thereof) and Dell retains the first lien and security interest in the APEX System and all proceeds. Distributor agrees You agree that Dell may file protective documents with government or other authorities in Distributor’s Your jurisdiction of incorporation or other applicable locations in order to inform third parties and lenders that Dell owns the APEX System at the Site.

Bankruptcy Rights. If this Agreement is determined to be anything other than a services agreement from Dell to DistributorYou, then Distributor grants You grant Dell a first priority security interest in the APEX System (and all proceeds thereof) and Dell retains the first lien and security interest in the APEX System and all proceeds. Distributor agrees You agree that Dell may file protective documents with government or other authorities in Distributor’s Your jurisdiction of incorporation or other applicable locations in order to inform third parties and lenders that Dell owns the APEX System at the SiteSite .