Common use of Subordination of Right, Title, and Interest of County in the Property Clause in Contracts

Subordination of Right, Title, and Interest of County in the Property. All right, title and interest of the County in and to the Property, and rents and proceeds thereof, pursuant to the Subordinate Loan Documents shall in all respects be junior, subordinate and subject to the prior right, title and interest of the Bank in and to the Property, and rents and proceeds thereof, pursuant to the Bank Loan Documents.

Appears in 2 contracts

Samples: Subordination Agreement, Subordination Agreement

AutoNDA by SimpleDocs

Subordination of Right, Title, and Interest of County in the Property. All right, title and interest of the County in and to the Property, and rents and proceeds thereof, pursuant to the Subordinate Loan Documents shall in all respects be junior, subordinate and subject to the prior right, title and interest of the Bank Credit Union in and to the Property, and rents and proceeds thereof, pursuant to the Bank Credit Union Loan Documents.

Appears in 2 contracts

Samples: Subordination Agreement, Subordination Agreement

AutoNDA by SimpleDocs

Subordination of Right, Title, and Interest of County in the Property. All right, title and interest of the County in and to the Property, and rents and proceeds thereof, pursuant to the Subordinate Loan Documents shall in all respects be junior, subordinate and subject to the prior right, title and interest of the Bank in and to the Property, and rents and proceeds thereof, pursuant to the Bank Loan Documents.

Appears in 1 contract

Samples: Subordination Agreement

Time is Money Join Law Insider Premium to draft better contracts faster.