Common use of Lien Priority Clause in Contracts

Lien Priority. Unless otherwise previously disclosed to and approved by Lender in writing, Borrower has not entered into any Security Agreements, granted a Security Interest or permitted the filing or attachment of any Security Interests on or affecting any of the Collateral, except in favor of Lender.

Appears in 8 contracts

Samples: Business Loan Agreement (Bioanalytical Systems Inc), Loan Agreement (Carrier Access Corp), Loan Agreement (Gentner Communications Corp)

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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 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, except in favor of Lender.

Appears in 3 contracts

Samples: Business Loan Agreement (Hyland Software Inc), Loan Agreement (SHC Corp), Business Loan Agreement (Geographics 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 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, except in favor of Lender.

Appears in 3 contracts

Samples: Loan Agreement (Scientific Software Intercomp Inc), Business Loan Agreement (Scientific Software Intercomp Inc), Loan Agreement (Scientific Software Intercomp 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 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, except in favor of Lender.

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 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 CollateralCollateral directly or indirectly securing repayment of Borrower's Loan and Note, except that would be prior or that may in favor of any way be superior to Lender's Security Interests and rights in and to such collateral.

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 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 end rights in and to such Collateral, except in favor of Lender.

Appears in 1 contract

Samples: Business Loan Agreement (Back Yard Burgers 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 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 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 in favor of Lender.

Appears in 1 contract

Samples: Loan Agreement (Ironclad Performance Wear Corp)

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 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 the Collateral, except in favor of Lender.

Appears in 1 contract

Samples: Business Loan Agreement (Tullys Coffee Corp)

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 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, except in favor of Lender.

Appears in 1 contract

Samples: Loan Agreement (Eckler Industries 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 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, except in favor of Lender.

Appears in 1 contract

Samples: Loan Agreement (Labor Ready Inc)

Lien Priority. Unless otherwise previously disclosed to and approved by Lender in writing, Borrower has not entered into or granted any Security Agreementssecurity agreements, granted a Security Interest or permitted the filing or attachment of any Security Interests security interests on or affecting any of the Collateral 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 in favor of Lender.

Appears in 1 contract

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

Lien Priority. Unless otherwise previously disclosed to and approved by Lender in writing, Borrower has not entered into 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, Collateral except in favor of Lender.

Appears in 1 contract

Samples: Change in Terms Agreement (SCC Communications Corp)

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 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 in favor of Lender.

Appears in 1 contract

Samples: Loan Agreement (Marketing Worldwide Corp)

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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 of Borrower's Loan and Note, that would be prior or that may in any way be superior to Lenders Security Interests and rights in and to such Collateral, except in favor of Lender.

Appears in 1 contract

Samples: Loan Agreement (Whitman Education Group 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 of 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, except in favor of Lender.

Appears in 1 contract

Samples: Business Loan Agreement (Utah Medical Products 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 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, except in favor of Lender.

Appears in 1 contract

Samples: Business Loan Agreement (U S Laboratories 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 of Borrower's Loan and Note, that would be prior or that any in any way be superior to Lender's Security Interests and rights in and to such Collateral, except in favor of Lender.

Appears in 1 contract

Samples: Business Loan Agreement (Community First Bancorp 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 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, except in favor of Lender.

Appears in 1 contract

Samples: Loan Agreement (United Oilfield Services 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 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, except in favor of Lender.

Appears in 1 contract

Samples: Commercial Security Agreement (Pyramid Breweries 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 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, except in favor of Lender.

Appears in 1 contract

Samples: Loan Agreement (United Oilfield Services 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 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 in favor of Lender.

Appears in 1 contract

Samples: Business Loan Agreement (Trimedia Entertainment Group Inc)

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