Common use of Borrow Clause in Contracts

Borrow. A Receiver may, for any purpose, raise money by borrowing from the Lender (or from any other person) either unsecured or on the security of all or any of the Secured Assets in respect of which he is appointed on any terms that he thinks fit (including, if the Lender consents, terms under which that security ranks in priority to this deed).

Borrow. A Receiver may, for any purpose, raise money by borrowing from the Lender (or from any other person) either unsecured or on the security Security of all or any of the Secured Assets in respect of which he is appointed on any terms that he thinks fit (including, if the Lender consents, terms under which that security Security ranks in priority to this deed).