Common use of Loan Priority Clause in Contracts

Loan Priority. The parties acknowledge and agree that, notwithstanding any other provisions of this Agreement or any loan document to the contrary, the Bank Loan Documents shall be first and prior to any of the Subordinate Loan Documents.

Appears in 3 contracts

Samples: Subordination Agreement, Subordination Agreement, Subordination Agreement

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Loan Priority. The parties acknowledge and agree that, notwithstanding any other provisions of this Agreement or any loan document to the contrary, the Bank Credit Union Loan Documents shall be first and prior to any of the Subordinate Loan Documents.

Appears in 2 contracts

Samples: Subordination Agreement, Subordination Agreement

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