Common use of Priority of Lien on Personalty Clause in Contracts

Priority of Lien on Personalty. No chattel mortgage, bill xx sale, security agreement, financing statement or other title retention agreement (except those executed in favor of Lender) has been or will be executed with respect to any personal property, chattel or fixture granted to Lender under the Loan Documents as security for the payment and performance of the Loan obligations.

Appears in 3 contracts

Samples: Construction Line of Credit Loan Agreement (Newmark Homes Corp), Lot Acquisition Loan Agreement (Newmark Homes Corp), Lot Acquisition Loan Agreement (Newmark Homes Corp)

AutoNDA by SimpleDocs

Priority of Lien on Personalty. No chattel mortgage, bill xx xxxx of sale, security agreement, financing statement or other title retention agreement (except those executed in favor of LenderLender and other Permitted Liens) has been or will be executed with respect to any personal property, chattel or fixture granted to Lender under the Loan Documents as security for the payment and performance of the Loan obligationsCollateral, unless otherwise approved by Lender in accordance with the Security Agreement.

Appears in 3 contracts

Samples: Loan Agreement (Venus Concept Inc.), Loan Agreement (Venus Concept Inc.), Loan Agreement (Venus Concept Inc.)

Priority of Lien on Personalty. No chattel mortgage, bill xx xxxx of sale, security agreement, financing statement or other title retention agreement (except those executed in favor of Lender) has been or will be executed with respect to any personal property, chattel or fixture granted to Lender under the Loan Documents as security for the payment and performance of the Loan obligationsCollateral or otherwise approved by Lender in accordance with the Security Agreement.

Appears in 2 contracts

Samples: Loan Agreement (LGL Group Inc), Loan Agreement (LGL Group Inc)

Priority of Lien on Personalty. No chattel mortgage, bill xx bxxx of sale, security agreement, financing statement or other title retention agreement (except those executed in favor of Lender) has been or will be executed with respect to any personal property, chattel or fixture granted to Lender under the Loan Documents as security for the payment and performance of the Loan obligationsCollateral or otherwise approved by Lender in accordance with the Leasehold Mortgage or the Security Agreement.

Appears in 1 contract

Samples: Loan Agreement (ARC Group, Inc.)

Priority of Lien on Personalty. No chattel mortgage, bill xx sale, security agreement, financing statement or other title retention agreement (except those executed in favor of Lender) has been or will be executed with respect to any personal property, chattel or fixture granted to Lender under used in connection with the Loan Documents as security for the payment and performance operation or maintenance of the Loan obligationsPremises.

Appears in 1 contract

Samples: Term Loan Agreement (Jagged Peak, Inc.)

AutoNDA by SimpleDocs

Priority of Lien on Personalty. No chattel mortgage, bill xx xxxx of sale, security agreement, financing statement or other title retention agreement (except those executed in favor of Lender) has been or will be executed with respect to any personal property, chattel or fixture granted to Lender under used in conjunction with the Loan Documents as security for the payment and performance construction, operation, or maintenance of the Loan obligationsImprovements as described in the Financing Statements.

Appears in 1 contract

Samples: Loan Agreement (Optibase LTD)

Priority of Lien on Personalty. No chattel mortgage, bill xx sale, security agreement, financing statement or other title retention agreement (except those executed in favor of Lender) has been or will be executed with respect to any personal property, chattel or fixture granted to Lender under the encumbered by any Loan Documents as security for the payment and performance of the Loan obligationsDocument.

Appears in 1 contract

Samples: Loan Agreement (Saddlebrook Resorts Inc)

Priority of Lien on Personalty. No chattel mortgage, bill xx xxxx of sale, security agreement, financing statement or other title retention agreement (except those executed in favor of Lender and those approved by Lender, in writing) has been or will be executed with respect to any personal property, chattel or fixture granted to Lender under used in conjunction with the Loan Documents as security for the payment and performance construction, operation, or maintenance of the Loan obligations.Improvements as described in the Financing Statement;

Appears in 1 contract

Samples: Loan Agreement (Asset Investors Corp)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!