Common use of Lien Priority Clause in Contracts

Lien Priority. Unless otherwise previously disclosed to Lender in writing, and other than with respect to liens permitted or provided for under this Agreement or the Related Documents, 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, as of the date of this Agreement, are in existence and are superior to Xxxxxx's Security Interests and rights in and to such Collateral.

Appears in 4 contracts

Samples: Business Loan Agreement (Hancock Park Corporate Income, Inc.), Business Loan Agreement (OFS Capital Corp), Business Loan Agreement (Hancock Park Corporate Income, Inc.)

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Lien Priority. Unless otherwise previously disclosed to Lender in writing, and other than with respect to liens permitted or provided for under this Agreement or the Related Documents, . Borrower has not entered into or granted any security agreementsSecurity 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, as of the date of this Agreement, are that would be prior or that may in existence and are any way be superior to XxxxxxLender's Security Interests and rights in and to such Collateral.

Appears in 4 contracts

Samples: Business Loan Agreement (Ivt Software Inc), Business Loan Agreement (Ivt Software Inc), Business Loan Agreement (Ivt Software Inc)

Lien Priority. Unless otherwise previously disclosed to Lender in writing, writing and other than with respect to liens permitted or provided except for under this Agreement or the Related DocumentsPermitted Liens, Borrower has not entered into or granted any security agreementsSecurity 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, as of the date of this Agreement, are that would be prior or that may in existence and are any way be superior to XxxxxxLender's Security Interests and rights in and to such Collateral.

Appears in 3 contracts

Samples: Business Loan Agreement (Niku Corp), Business Loan Agreement (Niku Corp), Business Loan Agreement (Niku Corp)

Lien Priority. Unless otherwise previously disclosed to Lender in writing, and other than with respect to liens permitted or provided for under this Agreement or the Related Documents, . Borrower has not entered into or granted any security agreementsSecurity 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, as of the date of this Agreement, are that would be prior or that may in existence and are any way be superior to Xxxxxx's Lender’s Security Interests and rights in and to such Collateral.

Appears in 3 contracts

Samples: Business Loan Agreement (Liberator Medical Holdings, Inc.), Business Loan Agreement (Ddi Corp), Business Loan Agreement (Hytek Microsystems Inc)

Lien Priority. Unless otherwise previously disclosed to Lender in writing, and other than with respect to liens permitted Borrower (or provided for under this Agreement or the Related Documents, Borrower any of Borrower's affiliates) has not entered into or granted any security agreementsSecurity 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, as of the date of this Agreement, are that would be prior or that may in existence and are any way be superior to XxxxxxLender's Security Interests and rights in and to such Collateralcollateral.

Appears in 2 contracts

Samples: Business Loan Agreement (Capitol Communities Corp), Business Loan Agreement (Capitol First Corp)

Lien Priority. Unless otherwise previously disclosed to Lender in writing, Borrower (and other than with respect to liens permitted or provided for under this Agreement or the Related Documents, Borrower has its subsidiaries and affiliates) have not entered into or granted any security agreementsSecurity 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 NoteNotes, that, as of the date of this Agreement, are that would be prior or that may in existence and are any way be superior to Xxxxxx's Lender’s Security Interests and rights in and to such Collateral.

Appears in 2 contracts

Samples: Business Loan Agreement (Farmland Partners Inc.), Business Loan Agreement (Farmland Partners Inc.)

Lien Priority. Unless otherwise previously disclosed to Lender in writing, writing and other than with respect to liens permitted or provided except for under this Agreement or the Related DocumentsPermitted Liens, Borrower has not entered into or granted any security agreementsSecurity 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, as of the date of this Agreement, are that would be prior or that may in existence and are any way be superior to Xxxxxx's Lender’s Security Interests and rights in and to such Collateral.

Appears in 2 contracts

Samples: Business Loan Agreement (Exactech Inc), Business Loan Agreement (Niku Corp)

Lien Priority. Unless otherwise previously disclosed to Lender lender in writing, and other than with respect to liens permitted or provided for under this Agreement or the Related Documents, Borrower has not entered into or granted any security agreementsSecurity 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, as of the date of this Agreement, are that would be prior or that may in existence and are any way be superior to XxxxxxLender's Security Interests and rights in and to such Collateral.

Appears in 2 contracts

Samples: Business Loan Agreement (Direct Focus Inc), Business Loan Agreement (Flotek Industries Inc/Cn/)

Lien Priority. Unless otherwise previously disclosed to Lender in writing, and other than with respect to liens permitted or provided for under this Agreement or the Related Documents, . Borrower has not entered into or granted any security agreementsSecurity Agreements, or permitted the filing or attachment of any Security Interests on or affecting any of the Collateral directly or indirectly securing occurring repayment of Borrower's ’s Loan and Note, that, as of the date of this Agreement, are that would be prior or that may in existence and are any way be superior to Xxxxxx's Lender’s Security Interests and rights in and to such Collateral.

Appears in 1 contract

Samples: Business Loan Agreement (Asset Based) (Versant Corp)

Lien Priority. Unless otherwise previously disclosed to Lender in writing, writing and except for purchase money liens and other than with respect to liens permitted or provided for under this Agreement or the Related DocumentsPermitted Liens, Borrower has Borrowers have not entered into or granted any security agreementsSecurity 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, as of the date of this Agreement, are that would be prior or that may in existence and are any way be superior to Xxxxxx's Lender’s Security Interests and rights in and to such Collateral.

Appears in 1 contract

Samples: Security Agreement (Telanetix,Inc)

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Lien Priority. Unless otherwise previously disclosed to Lender in writing, and other than with respect to liens permitted or provided for under this Agreement or the Related Documents, Borrower has not entered into or granted any security agreementsSecurity Agreement, 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, as of the date of this Agreement, are that would be prior or that may in existence and are any way be superior to XxxxxxLender's Security Interests interests and rights in and to such Collateral.

Appears in 1 contract

Samples: Business Loan Agreement (CyDex Pharmaceuticals, Inc.)

Lien Priority. Unless otherwise previously disclosed to Lender in writing, and other than with respect to liens permitted or provided for under this Agreement or the Related Documents, . Borrower has not entered into Into or granted any security agreementsSecurity 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, as of the date of this Agreement, are that would be prior or that may in existence and are any way be superior to XxxxxxLender's Security Interests and end rights in and to such Collateral.

Appears in 1 contract

Samples: Business Loan Agreement (Premier Financial Bancorp Inc)

Lien Priority. Unless otherwise previously Except as disclosed to Lender in writing, and other than with respect to liens permitted or provided for under this Agreement or the Related DocumentsDisclosure Schedule, Borrower has not entered into or granted any security agreementsSecurity 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, as of the date of this Agreement, are that would be prior or that may in existence and are any way be superior to Xxxxxx's Lender’s Security Interests and rights in and to such Collateral.. (revised 12/1/08)

Appears in 1 contract

Samples: Business Loan Agreement (CarePayment Technologies, Inc.)

Lien Priority. Unless otherwise previously disclosed to Lender in writing, writing and except for purchase money liens and other than with respect to liens permitted or provided for under this Agreement or the Related DocumentsPermitted Liens, Borrower has Borrowers have not entered into or granted any security agreementsSecurity 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 the Note, that, as of the date of this Agreement, are that would be prior or that may in existence and are any way be superior to XxxxxxLender's Security Interests and rights in and to such Collateral.

Appears in 1 contract

Samples: Loan and Security Agreement (Telanetix,Inc)

Lien Priority. Unless otherwise previously disclosed to Lender in writing, and other than with respect to liens permitted or provided for under this Agreement or the Related Documents, 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, as of the date of this Agreement, are in existence and are superior to XxxxxxLxxxxx's Security Interests and rights in and to such Collateral.

Appears in 1 contract

Samples: Business Loan Agreement (OFS Capital Corp)

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