Common use of Priority Security Interest Clause in Contracts

Priority Security Interest. For each of the Receivables, noted that the Title Documents lists Ally Financial Inc. or another subsidiary, including Ally Bank, and its successors as lien holder and that no other lien holder was listed. Step already performed in number 2 above.

Priority Security Interest. For each of the Receivables, noted that the Title Documents lists Ally Financial Inc. or another subsidiary, including Ally Financial Inc. or another subsidiary, including Ally Bank, and its successors as lien holder and that no other lien holder was listed. Step already performed in number 2 above.