Common use of Lien Priority Clause in Contracts

Lien Priority. Unless otherwise previously disclosed to Lender in writing, and other than with respect to liens permitted or provided for under this Agreement or the Related Documents, Borrower has not entered into or granted any security agreements, or permitted the filing or attachment of any Security Interests on or affecting any of the Collateral directly or indirectly securing repayment of Borrower's Loan and Note, that, as of the date of this Agreement, are in existence and are superior to Xxxxxx's Security Interests and rights in and to such Collateral.

Lien Priority. Unless otherwise previously disclosed to Lender in writing, and other than with respect to liens permitted or provided for under this Agreement or the Related Documents, . Borrower has not entered into or granted any security agreementsSecurity Agreements, or permitted the filing or attachment of any Security Interests on or affecting any of the Collateral directly or indirectly securing repayment of Borrower's Loan and Note, that, as of the date of this Agreement, are that would be prior or that may in existence and are any way be superior to XxxxxxLender's Security Interests and rights in and to such Collateral.

Lien Priority. Unless otherwise previously disclosed to Lender in writing, writing and other than with respect to liens permitted or provided except for under this Agreement or the Related DocumentsPermitted Liens, Borrower has not entered into or granted any security agreementsSecurity Agreements, or permitted the filing or attachment of any Security Interests on or affecting any of the Collateral directly or indirectly securing repayment of Borrower's Loan and Note, that, as of the date of this Agreement, are that would be prior or that may in existence and are any way be superior to XxxxxxLender's Security Interests and rights in and to such Collateral.

Lien Priority. Unless otherwise previously disclosed to Lender in writing, and other than with respect to liens permitted or provided for under this Agreement or the Related Documents, . Borrower has not entered into or granted any security agreementsSecurity Agreements, or permitted the filing or attachment of any Security Interests on or affecting any of the Collateral directly or indirectly securing repayment of Borrower's ’s Loan and Note, that, as of the date of this Agreement, are that would be prior or that may in existence and are any way be superior to Xxxxxx's Lender’s Security Interests and rights in and to such Collateral.

Lien Priority. Unless Except for permitted liens or otherwise previously disclosed to Lender in writing, and other than with respect to liens permitted or provided for under this Agreement or the Related Documents, Borrower has not entered into or granted any security agreementsSecurity Agreements, or permitted the filing or attachment of any Security Interests on or affecting any of the Collateral directly or indirectly securing repayment of Borrower's Loan and Note, that, as of the date of this Agreement, are that would be prior or that may in existence and are any way be superior to XxxxxxLender's Security Interests and rights in and to such Collateral.

Lien Priority. Unless otherwise Except as previously disclosed to and approved by Lender in writing, and other than with respect to liens permitted or provided for under this Agreement or the Related Documents, Borrower has not entered into or granted any security agreements, Security Instruments or permitted the filing or attachment of any Security Interests on or affecting any of the Collateral directly that would be prior to, or indirectly securing repayment of Borrower's Loan and Notethat may in any way be superior to, that, as of the date of this Agreement, are in existence and are superior to Xxxxxx's Lender’s Security Interests and rights in and to such the Collateral.

Lien Priority. Unless otherwise previously disclosed to Lender in writing, and other than with respect to liens permitted or provided for under this Agreement or the Related Documents, Borrower has not entered into or granted any security agreementsSecurity Agreements, or permitted the filing or attachment of any Security Interests on or affecting any of the Collateral directly or indirectly securing repayment of Borrower's Loan and Note, that, as of the date of this Agreement, are in existence and are superior to Xxxxxx's Security Interests and rights in and to such CollateralIndebtedness.

Lien Priority. Unless otherwise previously disclosed to Lender in writing, and other than with respect to liens permitted or provided for under this Agreement or the Related Documents, Borrower has not entered into or granted any security agreementsSecurity Interests, or permitted consented to the filing or attachment of any Security Interests on or affecting any of the Collateral as of the Effective Date that directly or indirectly securing secures repayment of Borrower's Loan the Loans and Note, that, as of the date of this Agreement, are in existence and are superior to Xxxxxx's Security Interests and rights in and to such CollateralNotes.

Lien Priority. Unless otherwise previously disclosed to Lender in writing, and other than with respect to liens permitted or provided for under this Agreement or the Related Documents, Borrower has not entered into or granted any security agreementsSecurity Agreements, or permitted the filing or attachment of any Security Interests interests on or affecting any of the Collateral directly or indirectly securing repayment of Borrower's ’s Loan and Note, that, as of the date of this Agreement, are that would be prior or that may in existence and are any way be superior to Xxxxxx's Lender’s Security Interests interests and rights in and to such Collateral.

Lien Priority. Unless otherwise previously disclosed to Lender in writing, writing and other than with respect to liens permitted or provided except for under this Agreement or the Related DocumentsPermitted Liens, Borrower has not entered into or granted any security agreementsSecurity Agreements, or permitted the filing or attachment of any Security Interests on or affecting any of the Collateral directly or indirectly securing repayment of Borrower's ’s Loan and Note, that, as of the date of this Agreement, are that would be prior or that may in existence and are any way be superior to Xxxxxx's Lender’s Security Interests and rights in and to such Collateral.

Lien Priority. Unless otherwise previously disclosed to Lender in writing, and other than with respect to liens permitted or provided for under this Agreement or the Related Documents, Borrower has not entered into or granted any security agreementsSecurity Agreements, or permitted the filing or attachment of any Security Interests on or affecting any of the Collateral directly or indirectly securing repayment of Borrower's Loan and Note, that, as of the date of this Agreement, are that would be prior or that may in existence and are any way be superior to XxxxxxLender's Security Interests and rights in and to such Collateral.. CONSTRUCTION LOAN AGREEMENT (Continued)

Lien Priority. Unless otherwise previously disclosed to Lender in writing, and other than with respect to liens permitted or provided for under this Agreement or the Related Documents, Borrower has not entered into or granted any security agreementsSecurity Agreements, or permitted the filing or attachment of any Security Interests Interest on or affecting any of the Collateral directly or indirectly securing repayment of Borrower's ’s Loan and Note, that, as of the date of this Agreement, are that would be prior or that may in existence and are any way be superior to Xxxxxx's Lender’s Security Interests and rights in and to such Collateral.

Lien Priority. Unless otherwise previously disclosed to Lender in writing, and other than with respect to liens permitted Borrower (or provided for under this Agreement or the Related Documents, Borrower any of Borrower's affiliates) has not entered into or granted any security agreementsSecurity Agreements, or permitted the filing or attachment of any Security Interests on or affecting any of the Collateral directly or indirectly securing repayment of Borrower's Loan and Note, that, as of the date of this Agreement, are that would be prior or that may in existence and are any way be superior to XxxxxxLender's Security Interests and rights in and to such Collateralcollateral.

Lien Priority. Unless otherwise previously disclosed to Lender in writing, Borrower (and other than with respect to liens permitted or provided for under this Agreement or the Related Documents, Borrower has its subsidiaries and affiliates) have not entered into or granted any security agreementsSecurity Agreements, or permitted the filing or attachment of any Security Interests on or affecting any of the Collateral directly or indirectly securing repayment of Borrower's ’s Loan and NoteNotes, that, as of the date of this Agreement, are that would be prior or that may in existence and are any way be superior to Xxxxxx's Lender’s Security Interests and rights in and to such Collateral.

Lien Priority. Unless otherwise previously disclosed to Lender in writing, and other than with respect to liens permitted or provided for under this Agreement or the Related Documents, Borrower has not entered into or granted any security agreements, or permitted the filing or attachment of any Security Interests security interests on or affecting any of the Collateral directly or indirectly securing repayment of Borrower's ’s Loan and the Note, that, as of the date of this Agreement, are that would be prior or that may in existence and are any way be superior to Xxxxxx's Lender’s Security Interests and rights in and to such Collateral.

Lien Priority. Unless otherwise previously disclosed to Lender in writing, writing and except for purchase money liens and other than with respect to liens permitted or provided for under this Agreement or the Related DocumentsPermitted Liens, Borrower has Borrowers have not entered into or granted any security agreementsSecurity Agreements, or permitted the filing or attachment of any Security Interests on or affecting any of the Collateral directly or indirectly securing repayment of Borrower's Loan and NoteNotes, that, as of the date of this Agreement, are that would be prior or that may in existence and are any way be superior to Xxxxxx's Lender’s Security Interests and rights in and to such Collateral.

Lien Priority. Unless otherwise previously disclosed to Lender in In writing, and other than with respect to liens permitted or provided for under this Agreement or the Related Documents, Borrower has not entered into Into or granted any security agreementsSecurity Agreements, or permitted the filing or attachment of any Security Interests on or affecting any of the Collateral directly or indirectly securing repayment of Borrower's Loan and Note, that, as of the date of this Agreement, are that would be prior or that may in existence and are any way be superior to XxxxxxLender's Security Interests and rights in and to such Collateral.

Lien Priority. Unless otherwise previously disclosed to Lender in writing, and other than with respect to liens permitted or provided for under this Agreement or the Related Documents, Borrower has not entered nox xxxxxxd into or granted any security agreementsSecurity Agreements, or permitted the filing or attachment of any Security Interests on or affecting any of the Collateral directly or indirectly securing repayment of Borrower's Loan and Note, that, as of the date of this Agreement, are that would be prior or that may in existence and are any way be superior to XxxxxxLender's Security Interests Securixx Xxxerests and rights in and to such Collateral.

Lien Priority. Unless otherwise previously disclosed to Lender in writing, and other than with respect to liens permitted or provided for under this Agreement or the Related Documents, Borrower has not entered into enterxx xxxx or granted any security agreementsSecurity Agreements, or permitted the filing or attachment of any Security Interests interests on or affecting any of the Collateral directly or indirectly securing repayment of Borrower's Loan and Note, that, as of the date of this Agreement, are that would be prior or that may in existence and are any way be superior to XxxxxxLender's Security Interests and rights in and to such Collateral.

Lien Priority. Unless otherwise previously disclosed to Lender the Administrative Agent in writing, and other than with respect to liens permitted or provided for under this Agreement or the Related Documents, Borrower has not entered into or granted any security agreements, or permitted the filing or attachment of any Security Interests security interests on or affecting any of the Collateral directly that would be prior or indirectly securing repayment of Borrower's Loan and Note, that, as of the date of this Agreement, are that may in existence and are any way be superior to Xxxxxx's the security interests created by the Security Interests Documents and rights in and to such the Collateral, other than Permitted Liens.

Lien Priority. Unless otherwise previously disclosed to Lender in writing, and other than with respect to liens permitted or provided for under this Agreement or the Related Documents, . Borrower has not entered into or granted any security agreementsSecurity Agreements, or permitted the filing or attachment of any Security Interests on or affecting any of the Collateral directly or indirectly securing repayment of Borrower's Loan and Note, that, as of the date of this Agreement, are in existence and are superior to Xxxxxx's Security Interests and rights in and to such Collateral.’s Indebtedness. BUSINESS LOAN AGREEMENT (ASSET BASED) (Continued)

Lien Priority. Unless otherwise previously disclosed to Lender in writing, writing and except for purchase money liens and other than with respect to liens permitted or provided for under this Agreement or the Related DocumentsPermitted Liens, Borrower has Borrowers have not entered into or granted any security agreementsSecurity Agreements, or permitted the filing or attachment of any Security Interests on or affecting any of the Collateral directly or indirectly securing repayment of Borrower's Loan and the Note, that, as of the date of this Agreement, are that would be prior or that may in existence and are any way be superior to XxxxxxLender's Security Interests and rights in and to such Collateral.

Lien Priority. Unless otherwise previously disclosed to Lender in writing, and other than with respect to liens permitted or provided for under this Agreement or the Related Documents, Borrower has not entered into or granted any security agreementsSecurity Agreements, or permitted the filing or attachment of any Security Interests interests on or affecting any of the Collateral directly or indirectly securing repayment of Borrower's ’s Loan and Note, that, as of the date of this Agreement, are that would be prior or that may in existence and are any way be superior to Xxxxxx's Lender’s Security Interests and rights in and to such Collateral.

Lien Priority. Unless otherwise Except as previously disclosed to and approved by Lender in writing, and other than with respect to liens permitted or provided for under this Agreement or the Related Documents, Borrower has not entered into or granted any security agreements, Security Instruments or permitted the filing or attachment of any Security Interests on or affecting any of the Collateral directly that would be prior to, or indirectly securing repayment of Borrower's Loan and Notethat may in any way be superior to, that, as of the date of this Agreement, are in existence and are superior to XxxxxxLender's Security Interests and rights in and to such the Collateral.

Lien Priority. Unless otherwise previously disclosed to Lender in writing, and other than with respect to liens permitted or provided for under this Agreement or the Related Documents, . Borrower has not entered into or granted any security agreementsSecurity Agreements, or permitted the filing or attachment of any Security Interests on or affecting any of the Collateral directly or indirectly securing occurring repayment of Borrower's ’s Loan and Note, that, as of the date of this Agreement, are that would be prior or that may in existence and are any way be superior to Xxxxxx's Lender’s Security Interests and rights in and to such Collateral.

Lien Priority. Unless otherwise previously disclosed to Lender in In writing, and other than with respect to liens permitted or provided for under this Agreement or the Related Documents, Borrower has not entered into or granted any security agreementsSecurity Agreements, or permitted the filing or attachment of any Security Interests on or affecting any of the Collateral directly or indirectly securing repayment of Borrower's Loan and Note, that, as of the date of this Agreement, are that would be prior or that may in existence and are any way be superior to XxxxxxLender's Security Interests and rights in and to such Collateral.

Lien Priority. Unless otherwise previously disclosed to Lender in writing, and other than with respect to liens permitted or provided for under this Agreement or the Related Documents, Borrower has not entered into or granted any security agreements, Security Agreements or permitted the filing or attachment of any Security Interests on or affecting any of the Collateral directly or indirectly securing repayment of Borrower's ’s Loan and Note, that, as of the date of this Agreement, are that would be prior or that may in existence and are any way be superior to Xxxxxx's Lender’s Security Interests and rights in and to such Collateral.

Lien Priority. Unless otherwise previously disclosed to Lender in writing, and other than with respect to liens permitted or provided for under this Agreement or the Related Documents, Borrower has not entered into or granted any security agreements, interest or permitted the filing or attachment of any Security Interests security interest on or affecting the Property or any of other Collateral described in the Collateral Security Agreement or Trust Deed or directly or indirectly securing repayment of Borrower's the Loan and the Note, that, as of the date of this Agreement, are in existence and are that would be prior or may be superior to Xxxxxx's Security Interests Lender’s security interests and rights in and to such Property or Collateral.

Lien Priority. Unless otherwise previously disclosed to Lender in writing, and other than with respect to liens permitted or provided for under this Agreement or the Related Documents, Borrower has not entered into or granted any security agreements, or permitted the filing or attachment of any Security Interests security interests on or affecting any of the Collateral Secured Property directly or indirectly securing repayment of Borrower's ’s Loan and Note, that, as of the date of this Agreement, are that would be prior or that may in existence and are any way be superior to Xxxxxx's Security Interests Lender’s security interests and rights in and to the Secured Property except for the Permitted Encumbrances and such Collateralrights as are granted to others thereunder without Borrower’s discretionary consent.

Lien Priority. Unless otherwise previously disclosed to Lender in writing, and other than with respect to liens permitted or provided for under this Agreement or the Related Documents, Borrower has not entered into or granted any security agreements, Security Agreements. or permitted the filing or attachment of any Security Interests on or affecting any of the Collateral directly or indirectly securing repayment of Borrower's ’s Loan and Note, that, as of the date of this Agreement, are that would be prior or that may in existence and are any way be superior to Xxxxxx's Lender’s Security Interests and rights in and to such Collateral.

Lien Priority. Unless otherwise previously disclosed to Lender in writing, and other than with respect to liens permitted or provided for under this Agreement or the Related Documents, Borrower has not entered into or granted any security agreements, or permitted the filing or attachment of any Security Interests on or affecting any of the Collateral directly or indirectly securing repayment of Borrower's Loan and Note, that, as of the date of this Agreement, are in existence and are superior to XxxxxxLxxxxx's Security Interests and rights in and to such Collateral.

Lien Priority. Unless otherwise previously disclosed to Lender in writing, and other than with respect to liens permitted or provided for under this Agreement or the Related Documents, Borrower has not entered into enterxx xxxx or granted any security agreementsSecurity Agreements, or permitted the filing or attachment of any Security Interests on or affecting any of the Collateral directly or indirectly securing repayment of Borrower's Loan and Note, that, as of the date of this Agreement, are that would be prior or that may in existence and are any way be superior to XxxxxxLender's Security Interests Intexxxxx and rights in and to such Collateral.

Lien Priority. Unless otherwise previously Except as disclosed to Lender in writing, and other than with respect to liens permitted or provided for under this Agreement or the Related DocumentsDisclosure Schedule, Borrower has not entered into or granted any security agreementsSecurity Agreements, or permitted the filing or attachment of any Security Interests on or affecting any of the Collateral directly or indirectly securing repayment of Borrower's ’s Loan and Note, that, as of the date of this Agreement, are that would be prior or that may in existence and are any way be superior to Xxxxxx's Lender’s Security Interests and rights in and to such Collateral.. (revised 12/1/08)

Lien Priority. Unless otherwise previously disclosed to Lender in writing, and other than with respect to liens permitted or provided for under this Agreement or the Related Documents, . Borrower has not entered into Into or granted any security agreementsSecurity Agreements, or permitted the filing or attachment of any Security Interests on or affecting any of the Collateral directly or indirectly securing repayment of Borrower's Loan and Note, that, as of the date of this Agreement, are that would be prior or that may in existence and are any way be superior to XxxxxxLender's Security Interests and end rights in and to such Collateral.

Lien Priority. Unless otherwise previously disclosed to Lender in writing, and other than with respect to liens permitted or provided for under this Agreement or the Related Documents, Borrower has not entered into or granted any security agreementsSecurity Agreements, or permitted the filing or attachment of any Security Interests on or affecting any of the Collateral directly or indirectly indirectly, securing repayment of Borrower's Loan and Note, that, as of the date of this Agreement, are that would be prior or that may in existence and are any way be superior to XxxxxxLender's Security Interests and rights in and to such Collateral.

Lien Priority. Unless otherwise previously disclosed to Lender in writing, and other than with respect to liens permitted or provided for under this Agreement or the Related Documents, Borrower has not entered into or granted any security agreementsSecurity Agreement, or permitted the filing or attachment of any Security Interests interests on or affecting any of the Collateral directly or indirectly securing repayment of Borrower's Loan and Note, that, as of the date of this Agreement, are that would be prior or that may in existence and are any way be superior to XxxxxxLender's Security Interests interests and rights in and to such Collateral.

Lien Priority. Unless otherwise previously disclosed to Lender in writing, and other than with respect to liens permitted or provided Except for under this Agreement or the Related DocumentsPermitted Liens, Borrower has not entered into or granted any security agreementsSecurity Agreements, or permitted the filing or attachment of any Security Interests on or affecting any of the Collateral directly or indirectly securing repayment of Borrower's ’s Loan and Note, that, as of the date of this Agreement, are that would be prior or that may in existence and are any way be superior to Xxxxxx's Lender’s Security Interests and rights in and to such Collateral.

Lien Priority. Unless otherwise previously disclosed to Lender in In writing, and other than with respect to liens permitted or provided for under this Agreement or the Related Documents, Borrower has not entered into Into or granted any security agreementsSecurity Agreements, or permitted the filing or attachment of any Security Interests on or affecting any of the Collateral directly or indirectly Indirectly securing repayment of Borrower's Loan and Note, that, as of the date of this Agreement, are in existence and are that would be prior or that may In any way be superior to XxxxxxLender's Security Interests and rights in In and to such Collateral.

Lien Priority. Unless otherwise previously disclosed to Lender in writing, and other than with respect to liens permitted or provided for under this Agreement or the Related Documents, Borrower has not entered into or granted any security agreementsSecurity Agrxxxxxxx, or permitted the filing or attachment of any Security Interests on or affecting any of the Collateral directly or indirectly securing repayment of Borrower's Loan and Note, that, as of the date of this Agreement, are that would be prior or that may in existence and are any way be superior to XxxxxxLender's Security Interests and rights in and to such CollateralColxxxxxxl.

Lien Priority. Unless otherwise previously disclosed to Lender in writing, and other than with respect to liens permitted or provided for under this Agreement or the Related Documents, Borrower has not entered into or granted any security agreementsSecurity Agreements, or permitted the filing or attachment of any Security Interests on or affecting any of the Collateral directly or indirectly securing repayment of Borrower's ’s Loan and Note, that, as of the date of this Agreement, are that would be prior or that may in existence and are any way be superior to Xxxxxx's Lender’s Security Interests and rights in and to such Collateral.. CONSTRUCTION LOAN AGREEMENT (Continued)

Lien Priority. Unless otherwise previously disclosed to Lender in writing, and other than with respect to liens permitted or provided for under this Agreement or the Related Documentsexception of Permitted Liens, Borrower has not entered into or granted any security agreementsSecurity Agreements, or permitted the filing or attachment of any Security Interests on or affecting any of the Collateral directly or indirectly securing repayment of Borrower's Borrowers Loan and Note, that, as of the date of this Agreement, are that would be prior or that may in existence and are any way be superior to XxxxxxLender's Security Interests and rights in and to such Collateral.. 10 (j)

Lien Priority. Unless otherwise previously disclosed to Lender in writing, and other than with respect to liens permitted or provided for under this Agreement or the Related Documents, Borrower has not entered into or granted any security agreements, Security Agreements or permitted the filing or attachment of any Security Interests on or affecting any of the Collateral directly or indirectly securing repayment of Borrower's ’s Loan and Note, that, as of the date of this Agreement, are . that would be prior or that may in existence and are any way be superior to Xxxxxx's Lender’s Security Interests and rights in and to such Collateral.

Lien Priority. Unless otherwise previously disclosed to Lender in writing, and other than with respect to liens permitted or provided for under this Agreement or the Related Documents, Borrower has not entered into or granted any security agreementsSecurity Agreements, or permitted the filing or attachment of any Security Interests on or affecting any of the Collateral directly or indirectly securing repayment of Borrower's Loan and Note, that, as of the date of this Agreement, are Loans that would be prior or that may in existence and are any way be superior to Xxxxxx's Lender’s Security Interests and rights in and to such the Collateral.