Common use of Security Interests in System Clause in Contracts

Security Interests in System. The Judicial Council acknowledges and agrees that Licensee may grant or cause to be granted to Lender a security interest in the System and Licensee’s rights under this SLA as expressly provided in this SLA. Any security interest in the System shall not create any security interest in the Site or Licensed Areas and shall be subject to the terms and conditions of this SLA. 15

Security Interests in System. The Judicial Council acknowledges and agrees that Licensee may grant or cause to be granted to Lender a security interest in the System and Licensee’s rights under this SLA as expressly provided in this SLA. Any security interest in the System shall not create any security interest in the Site or Licensed Areas and shall be subject to the terms and conditions of this SLA. 15.

Security Interests in System. The Judicial Council acknowledges and agrees that Licensee may grant or cause to be granted to Lender a security interest in the System and Licensee’s rights under this SLA as expressly provided in this SLA. Any security interest in the System shall not create any security interest in the Site or Licensed Areas and shall be subject to the terms and conditions of this SLA. 15SLA.‌