Nature of the security interest. Unless we agree otherwise in writing, our security interest must be a first-ranking exclusive security interest in the Goods. We must be the only person with a security interest in the Goods and you cannot grant security over the Goods to anyone else without our consent.
Nature of the security interest. Unless we agree otherwise in writing, our security under this Agreement must be a first-ranking exclusive mortgage over the Security Property. That means we must be the only person with a security interest in the Security Property and there must not be any other security granted over it to anyone else.
Nature of the security interest. The Security Interest is intended to operate as: (a) a fixed and specific charge and security interest in all of the Collateral presently existing; and (b) a fixed and specific charge and security interest in all future Collateral.
Nature of the security interest. 5.1 The Charge and the Security Deposit (together, the “Security Interest”) constituted by, and pursuant to, this Agreement shall:
