Common use of Lien Priority Clause in Contracts

Lien Priority. Unless otherwise previously disclosed to Lender in writing, Borrower has not entered into or granted any Security Agreements, or permitted the filing or attachment of any Security Interests on or affecting any of the Collateral directly or indirectly securing repayment of Borrower's Loan and Note, that would be prior or that may in any way be superior to Lender's Security Interests and rights in and to such Collateral.

Appears in 115 contracts

Samples: Loan Agreement (Charge Enterprises, Inc.), Business Loan Agreement (Autoscope Technologies Corp), Business Loan Agreement (Heritage Global Inc.)

AutoNDA by SimpleDocs

Lien Priority. Unless otherwise previously disclosed to Lender in writing, Borrower has not entered into or granted any Security Agreements, or permitted the filing or attachment of any Security Interests on or affecting any of the Collateral directly or indirectly securing repayment of Borrower's ’s Loan and Note, that would be prior or that may in any way be superior to Lender's ’s Security Interests and rights in and to such Collateral.

Appears in 63 contracts

Samples: Business Loan Agreement (BayFirst Financial Corp.), Business Loan Agreement (ComSovereign Holding Corp.), Business Loan Agreement (TSS, Inc.)

Lien Priority. Unless otherwise previously disclosed to and approved by Lender in writing, Borrower has not entered into or granted any Security Agreements, granted a Security Interest or permitted the filing or attachment of any Security Interests on or affecting any of the Collateral directly or indirectly securing repayment Collateral, except in favor of Borrower's Loan and Note, that would be prior or that may in any way be superior to Lender's Security Interests and rights in and to such Collateral.

Appears in 8 contracts

Samples: Business Loan Agreement (Bioanalytical Systems Inc), Business Loan Agreement (Trizetto Group Inc), Loan Agreement (Zila Inc)

Lien Priority. Unless otherwise previously disclosed to Lender in writing, Borrower has not entered into or granted any Security Agreements, or permitted the filing or attachment of any Security Interests interests on or affecting any of the Collateral directly or indirectly securing repayment of Borrower's Loan and Note, that would be prior or that may in any way be superior to Lender's Security Interests and rights in and to such Collateral.

Appears in 3 contracts

Samples: Loan Agreement (SHC Corp), Business Loan Agreement (Hyland Software Inc), Business Loan Agreement (Geographics Inc)

Lien Priority. Unless otherwise previously disclosed to Lender in writing, Borrower has not entered into or granted any Security Agreements, or permitted the filing or attachment of any Security Interests Interest on or affecting any of the Collateral directly or indirectly securing repayment of Borrower's Loan and Note, that would be prior or that may in any way be superior to Lender's Security Interests and rights in and to such Collateral.

Appears in 3 contracts

Samples: Loan Agreement (Scientific Software Intercomp Inc), Loan Agreement (Scientific Software Intercomp Inc), Loan Agreement (Scientific Software Intercomp Inc)

Lien Priority. Unless otherwise previously disclosed to Lender in writing, Borrower has not entered into or granted any Security Agreements, or permitted the filing or attachment of any Security Interests interests on or affecting any of the Collateral directly or indirectly securing repayment of Borrower's Loan and Note, that would be prior or that may in any way be superior to Lender's Security Interests interests and rights in and to such Collateral.

Appears in 2 contracts

Samples: Business Loan Agreement (Bristol Retail Solutions Inc), Business Loan Agreement (Husker Ag Processing LLC)

Lien Priority. Unless otherwise previously disclosed to Lender in writing, Borrower has not entered into or granted any Security Agreements, or Agreemexxx xx permitted the filing or attachment of any Security Interests on or affecting any of the Collateral directly or indirectly securing repayment of Borrower's Loan and Note, Note that would be prior or that may in any way be superior to Lender's Security Interests and rights in and to such Collateral.

Appears in 1 contract

Samples: Notice of Final Agreement (Ironclad Performance Wear Corp)

Lien Priority. Unless otherwise previously disclosed to Lender in writing, neither Borrower nor any Subsidiary has not entered into or granted any Security Agreements, or permitted the filing or attachment of any Security Interests on or affecting any of the Collateral directly or indirectly securing repayment of Borrower's Loan and Note, that would be prior or that may in any way be superior to Lender's Security Interests interests and rights in and to such Collateral.

Appears in 1 contract

Samples: Loan Agreement (Rankin Automotive Group Inc)

Lien Priority. Unless otherwise previously disclosed to Lender in writing, Borrower has not entered into or granted any Security Agreements, or permitted the filing or attachment of any Security Interests on or affecting any of the Collateral directly or indirectly securing repayment of Borrower's Loan and Note, that would be prior or that may in any way be superior to Lender's Security Interests interests and rights in and to such Collateral.

Appears in 1 contract

Samples: Loan Agreement (Marketing Worldwide Corp)

Lien Priority. Unless otherwise previously disclosed to Lender in writing, Borrower has not entered and will not enter into or granted grant any Mortgages, Security Agreements, or permitted permit the filing or attachment of any Security Interests on or affecting any of the Collateral now or hereafter, directly or indirectly indirectly, securing repayment of Borrower's Loan Loans and NoteNotes, that would be prior or that may in any way be superior to Lender's Security Interests Interest and rights in and to such Collateral.

Appears in 1 contract

Samples: Business Loan Agreement (Pods Inc)

Lien Priority. Unless otherwise previously disclosed to Lender in writing, Borrower has not entered into or granted any Security Agreements, or permitted xxxxxxxxd the filing or attachment of any Security Interests on or affecting any of the Collateral directly or indirectly securing repayment of Borrower's Loan and Note, that would be prior or that may in any way be superior to Lender's Security Interests and rights in and to such Collateral.

Appears in 1 contract

Samples: Loan Agreement (United Oilfield Services Inc)

Lien Priority. Unless otherwise previously disclosed to Lender in writing, Borrower has not entered into or granted any Security Agreements, or permitted the filing or attachment of any Security Interests on or affecting any of the Collateral directly or indirectly securing repayment of Borrower's Loan and Note, that would be prior or that may in any way be superior to Lender's Security Interests and rights in and to such Collateralcollateral.

Appears in 1 contract

Samples: Business Loan Agreement (Discas Inc)

Lien Priority. Unless otherwise previously disclosed to and approved by Lender in writing, Borrower has not entered into or granted any Security Agreements, granted a Security Interest or permitted the filing or attachment allactinit3nt of any Security Interests on or affecting any of the Collateral directly or indirectly securing repayment except in favor of Borrower's Loan and Note, that would be prior or that may in any way be superior to Lender's Security Interests and rights in and to such Collateral.

Appears in 1 contract

Samples: Change in Terms Agreement (SCC Communications Corp)

Lien Priority. Unless otherwise previously disclosed to Lender in writing, Borrower has not entered into or granted any Security Agreements, or permitted the filing or of attachment of any Security Interests on or affecting any of the Collateral directly or indirectly securing repayment of Borrower's Loan and Note, that would be prior to or that may in any way be superior to Lender's Security Interests and rights in and to such Collateral.

Appears in 1 contract

Samples: Loan Agreement (Eckler Industries Inc)

Lien Priority. Unless otherwise previously disclosed to Lender in writing, Borrower has not entered into or granted any Security Agreementssecurity agreements, or permitted the filing or attachment of any Security Interests security interests on or adversely affecting any of the Collateral directly or indirectly securing repayment of Borrower's Loan and Note, that would be prior or that may in any way be superior to Lender's Security Interests and rights in and to such Collateral, except for Permitted Liens.

Appears in 1 contract

Samples: Loan Agreement (Search Financial Services Inc)

Lien Priority. Unless otherwise previously disclosed to Lender in writing, no Borrower has not entered into or granted any Security Agreementssecurity agreements, or permitted the filing or attachment of any Security Interests security interests on or adversely affecting any of the Collateral directly or indirectly securing repayment of Borrower's Loan and Noteany of the Indebtedness, that would be prior or that may in any way be superior to Lender's Security Interests and rights in and to such Collateral, except with respect to Permitted Liens.

Appears in 1 contract

Samples: Loan Agreement (Search Financial Services Inc)

Lien Priority. Unless otherwise previously disclosed to Lender in writing, Borrower has not entered into or granted any Security Agreements, or permitted the filing or attachment of any Security Interests on or affecting any of the Collateral directly or indirectly securing repayment of Borrower's Loan and Note, that would be prior or that may in any way be superior to Lender's Security Interests and rights in and to such the Collateral.

Appears in 1 contract

Samples: Business Loan Agreement (Tullys Coffee Corp)

Lien Priority. Unless otherwise previously disclosed to Lender in writing, Borrower has not entered into or granted any Security Agreements, or permitted the filing or attachment of any Security Interests on or affecting any of the Collateral directly or indirectly securing repayment of Borrower's Borrowers Loan and Note, that would be prior or that may in any way be superior to Lender's Security Interests and rights in and to such Collateral.

Appears in 1 contract

Samples: Business Loan Agreement (Utah Medical Products Inc)

AutoNDA by SimpleDocs

Lien Priority. Unless otherwise previously disclosed to Lender in writing, Borrower has not entered into or granted any Security Agreements, or permitted the filing or attachment of or any Security Interests Interest on or affecting any of the Collateral directly or indirectly securing repayment of Borrower's Loan and Note, that would be prior or that may in any way be superior to Lender's Security Interests and rights in and to such Collateral.

Appears in 1 contract

Samples: Loan Agreement (U S Laboratories Inc)

Lien Priority. Unless otherwise previously disclosed to Lender in writing, . Borrower has not entered into or granted any Security Agreements, or permitted the filing or attachment of any Security Interests interests on or affecting any of the Collateral directly or indirectly securing repayment of Borrower's Loan and Note, that would be prior or that may in any way be superior to Lender's Security Interests and rights in and to such Collateral.

Appears in 1 contract

Samples: Security Agreement (Pyramid Breweries Inc)

Lien Priority. Unless otherwise previously disclosed to Lender in writing, Borrower has not entered into or granted any Security Agreements, or permitted the filing or attachment of any Security Interests on or affecting any of the Collateral directly or indirectly securing repayment of Borrower's Borrower`s Loan and Note, that would be prior or that may in any way be superior to Lender's Lender`s Security Interests and rights in and to such Collateral.

Appears in 1 contract

Samples: Trimedia Entertainment Group Inc

Lien Priority. Unless otherwise previously disclosed to Lender in writing, Borrower has not entered into or granted any Security Agreementssecurity agreements, or permitted the filing or attachment of any Security Interests security interests on or affecting any of the Collateral directly or indirectly securing repayment of Borrower's Loan and Note, that would be prior or that may in any way be superior to Lender's Security Interests security interests and rights in and to such Collateral.

Appears in 1 contract

Samples: Equipment Loan and Security Agreement (Dicon Fiberoptics Inc)

Lien Priority. Unless otherwise previously disclosed to Lender in writing, Borrower has not not, other than Permitted Liens, entered into or granted any Security Agreements, or permitted the filing or attachment of any Security Interests on or affecting any of the Collateral directly or indirectly securing repayment of Borrower's Loan and NoteNotes, that would be prior or that may in any way be superior to Lender's Security Interests and rights in and to such Collateral.

Appears in 1 contract

Samples: Loan Agreement (Eco Soil Systems Inc)

Lien Priority. Unless otherwise previously disclosed to Lender in writing, Borrower has not entered into or granted any Security Agreements, or permitted the filing titling or attachment of any Security Interests on or affecting any of the Collateral directly or indirectly securing repayment of Borrower's Loan and Note, that would be prior or that may in any way be superior to Lender's Security Interests and rights in and to such Collateral.

Appears in 1 contract

Samples: Loan and Security Agreement (Labor Ready Inc)

Lien Priority. Unless otherwise previously disclosed to Lender in writing, Borrower has not entered into or granted any Security Agreements, or permitted xxxmitted the filing or attachment of any Security Interests on or affecting any of the Collateral directly or indirectly securing repayment of Borrower's Loan and Note, that would be prior or that may in any way be superior to Lender's Security Interests and rights in and to such Collateral.

Appears in 1 contract

Samples: Loan Agreement (United Oilfield Services Inc)

Lien Priority. Unless otherwise previously disclosed to Lender in writing, Borrower has not entered into or granted any Security Agreements, or permitted the filing or attachment of any Security Interests on or affecting any of the Collateral directly or indirectly securing repayment of Borrower's Loan and Note, that would be prior or that may any in any way be superior to Lender's Security Interests and rights in and to such Collateral.

Appears in 1 contract

Samples: Business Loan Agreement (Community First Bancorp Inc)

Lien Priority. Unless otherwise previously disclosed to Lender in writing, Borrower has not entered into or granted any Security Agreements, or permitted the filing or attachment of any Security Interests on or affecting any of the Collateral directly or indirectly securing repayment of Borrower's Loan and Note, that would be prior or that may in any way be superior to Lender's Security Interests and end rights in and to such Collateral.

Appears in 1 contract

Samples: Business Loan Agreement (Back Yard Burgers Inc)

Lien Priority. Unless otherwise previously disclosed to Lender in writing, Borrower has not entered into or granted ox xxxxxxd any Security Agreements, or permitted the filing or attachment of any Security Interests on or affecting any of the Collateral directly or indirectly securing repayment of Borrower's Loan and Note, that would be prior or that may in any way be superior to Lender's Security Interests and rights xxx xights in and to such Collateral.

Appears in 1 contract

Samples: Loan Agreement (Baywood International Inc)

Lien Priority. Unless otherwise previously disclosed to Lender in writing, Borrower has not entered into or granted any Security Agreements, or permitted the filing or attachment of any Security Interests on or affecting any of the Collateral directly or indirectly securing repayment of Borrower's Loan and Note, that would be prior or that may in any way be superior to Lender's Lenders Security Interests and rights in and to such Collateral.

Appears in 1 contract

Samples: Loan Agreement (Whitman Education Group Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!