Common use of Intervening Liens Clause in Contracts

Intervening Liens. Should any agreement be hereafter entered into modifying or changing the terms of this Mortgage or the Note secured hereby in any manner, the rights of the parties to such agreement shall be superior to the rights of the holder of any intervening lien.

Appears in 2 contracts

Samples: Mortgage and Security Agreement (Disc Graphics Inc /De/), Mortgage and Security Agreement (Mechanical Technology Inc)

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Intervening Liens. Should any agreement be hereafter entered into modifying or changing the terms of this Mortgage or the Note secured hereby in any mannerLoan Document, the rights of the parties to such agreement shall be superior to the rights of the holder of any intervening lien.

Appears in 2 contracts

Samples: Mortgage and Security Agreement (United Shields Corp/Oh/), Mortgage and Security Agreement (United Shields Corp/Oh/)

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