Common use of Priority of Secured Party’s Security Interest Clause in Contracts

Priority of Secured Party’s Security Interest. Bank subordinates in favor of Secured Party any interest lien or right of setoff it may have, now or in the future, against the Account or financial assets in the Account (except that Bank may set off all amounts due to it in respect of customary fees and expenses for the routine maintenance and operation of the Account).

Priority of Secured Party’s Security Interest. The Bank subordinates in favor of the Secured Party any interest interest, lien or right of setoff it may have, now or in the future, against the Account or financial assets in the Account (except that Account; provided, however, that, subject to the foregoing, the Bank may set off all amounts due to it in respect of customary its expenses (including without limitation the payment of any legal fees and expenses for the routine maintenance and operation of the Accountor expenses).

Priority of Secured Party’s Security Interest. The Bank subordinates in favor of the Secured Party any interest security interest, lien or right of setoff it may have, now or in the future, against the Account or financial assets in the Account (except that Account; provided; however, that, subject to the foregoing, the Bank may set off all amounts due to it in respect of customary its fees and expenses for (including without limitation the routine maintenance and operation payment of the Account)any legal fees or expenses) or any amounts payable pursuant to Section 4 hereof.

Priority of Secured Party’s Security Interest. The Bank subordinates in favor of the Secured Party any interest security interest, lien or right of setoff it may have, now or in the future, against the Account or financial assets in the Account (except that Account; provided; however, that, subject to the foregoing, the Bank may set off all amounts due to it in respect of customary its fees and expenses for the routine maintenance and operation of the Account).expenses