Common use of No Fixture Clause in Contracts

No Fixture. If any of the Collateral is or becomes a fixture, Borrower agrees to furnish Lender, at Lender's request, with a statement or statements signed by all persons who have or claim an interest in the real estate concerned, which statements shall provide that the signer consents to the security interest created hereby and disclaims any interest in the Collateral as fixtures.

Appears in 3 contracts

Samples: Loan Agreement, Loan Agreement, Security Agreement

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No Fixture. If any of the Collateral is or becomes a fixture, Borrower agrees to furnish Lender, at Lender's ’s request, with a statement or statements signed by all persons who have or claim an interest in the real estate concerned, which statements shall provide that the signer consents to the security interest created hereby and disclaims any interest in the Collateral as fixtures.

Appears in 2 contracts

Samples: Security Agreement (Biovest International Inc), Security Agreement (Biovest International Inc)

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No Fixture. If any of the Collateral is or becomes a fixture, the Borrower agrees to furnish the Lender, at the Lender's ’s request, with a statement or statements signed by all persons who have or claim an interest in the real estate concerned, which statements shall provide that the signer consents to the security interest created hereby and disclaims any interest in the Collateral as fixtures.

Appears in 1 contract

Samples: Security Agreement

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