Ranking of security. Any Security created by a Finance Document proves to have been or becomes invalid or unenforceable or such Security proves to have ranked after, or loses its priority to, other Security.
Appears in 4 contracts
Samples: Facility Agreement (Diana Containerships Inc.), Subordinated Facility Agreement (Diana Shipping Inc.), Subordinated Facility Agreement (Diana Containerships Inc.)
Ranking of security. Any Security Interest created by a Finance Document proves to have been or becomes invalid or unenforceable or such Security Interest proves to have ranked after, or loses its priority to, any other SecuritySecurity Interest.
Appears in 1 contract
Samples: Facility Agreement (SAVVIS, Inc.)