First Ranking. The Company specifically acknowledges that all of the Security Interests created by the Company under Section 3 (Security) of this Debenture shall rank in priority to any other Security Interests created by the Company.
Appears in 2 contracts
Samples: Loan Agreement (Negevtech Ltd.), Loan Agreement (Negevtech Ltd.)
First Ranking. The Company specifically acknowledges that all of the Security Interests created by the Company under Section 3 3 (Security) of this Debenture shall rank in priority to any other Security Interests created by the CompanyCompany subject to the Creditor Floating Charge and the Permitted Security Interests.
Appears in 1 contract
First Ranking. The Company specifically acknowledges that all of the Security Interests created by the Company under Section 3 (Security) 2 of this Debenture shall rank in priority to any other Security Interests created by the Company, (subject to Section 1.6 of the Loan Agreement).
Appears in 1 contract
Samples: Debenture (On Track Innovations LTD)
First Ranking. The Company specifically acknowledges that that, subject only to the Company Permitted Security Interests, all of the Security Interests created by the Company under Section 3 (Security) of this Debenture shall rank in priority to any other Security Interests created by the Company.
Appears in 1 contract
Samples: Debenture – Floating Charge (On Track Innovations LTD)
First Ranking. The Company specifically acknowledges that all of the Security Interests created by the Company under Section 3 3 (Security) of this Debenture shall rank in priority to any other Security Interests created by the CompanyCompany subject to the Creditor Fixed Charge and the Permitted Security Interests.
Appears in 1 contract
Samples: Debenture Floating Charge (Motus GI Holdings, Inc.)
