Common use of Borrow Clause in Contracts

Borrow. A Receiver may, for any of the purposes authorised by this Clause 10, raise money by borrowing from the Security Recipient (or from any other person) either unsecured or on the security of all or any of the Charged Property in respect of which he is appointed on such terms as he thinks fit (including, if the Security Recipient consents, terms under which such security ranks in priority to this Deed).