Common use of Lien Deficiencies Clause in Contracts

Lien Deficiencies. Any of the Security Documents shall for any reason fail to create a valid and perfected priority Lien in favor of the IDED in any Secured Property pledged by Business; or

Appears in 3 contracts

Samples: Master Contract (Newlink Genetics Corp), Funding Agreement (Homeland Energy Solutions LLC), Master Contract (Soy Energy, LLC)

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Lien Deficiencies. Any of the Security Documents shall for any reason fail to create a valid and perfected priority Lien in favor of the IDED in any Secured Property pledged by Business; oror 15 Contract # P0607M01032 Master updated 06/27/06

Appears in 1 contract

Samples: Master Contract (Southwest Iowa Renewable Energy, LLC)

Lien Deficiencies. Any of the Security Documents shall for any reason fail to create a valid and perfected priority Lien in favor of the IDED in any Secured Security Property pledged by BusinessBusiness to secure this Contract; or

Appears in 1 contract

Samples: Iowa Values Fund Contract (Newlink Genetics Corp)

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Lien Deficiencies. Any of the Security Documents shall for any reason fail to create a valid and perfected priority Lien in favor of the IDED in any Secured Property pledged by Business; oror Contract # P0606M01004 - 15 - Master updated 6/27/06

Appears in 1 contract

Samples: Master Contract (East Fork Biodiesel, LLC)

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