Common use of Nature of the security interest Clause in Contracts

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.

Appears in 18 contracts

Samples: Security Agreement, www.kiafinance.co.nz, southernmotorgroup.co.nz

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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. 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.

Appears in 6 contracts

Samples: ebbett.nz, johnstonebbett.co.nz, www.marac.co.nz

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Nature of the security interest. Unless we agree otherwise in writing, our security interest must be a first-ranking exclusive security interest in the GoodsSecured Property. We must be the only person with a security interest in the Goods Secured Property and you cannot grant security over the Goods Secured Property to anyone else without our consent.

Appears in 6 contracts

Samples: Extend Loan Agreement Commercial Terms, www.blackwells.co.nz, www.carloans.co.nz

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