Common use of Prior Lien Clause in Contracts

Prior Lien. The Security Instrument securing the Note in favor of Lender, and any modifications, renewals or extensions thereof (including, without limitation, any modifications, renewals or extensions with respect to any additional advances made subject to the Security Instrument), shall unconditionally be and at all times remain a lien on the Property prior and superior to the Lease;

Appears in 16 contracts

Sources: Lease Agreement (Weave Communications, Inc.), Lease Agreement (Weave Communications, Inc.), Lease Agreement (Dirtt Environmental Solutions LTD)

Prior Lien. The Security Instrument securing the Note in favor of Lender, and any modifications, renewals or extensions thereof (including, without limitation, any modifications, renewals or extensions with respect to any additional advances made subject to the Security Instrument), shall unconditionally be and at all times remain a lien on the Property prior and superior to the LeaseLease [and the Option To Purchase];

Appears in 3 contracts

Sources: Lease Agreement, Lease (Aimmune Therapeutics, Inc.), Lease (Aimmune Therapeutics, Inc.)

Prior Lien. The Security Instrument securing the Note in favor of Lender, and any modifications, renewals or extensions thereof (including, without limitation, any modifications, renewals or extensions with respect to any additional advances made subject to the Security Instrument)thereof, shall unconditionally be and at all times remain a lien on the Property prior and superior to the Lease;

Appears in 2 contracts

Sources: Lease Agreement (Healthequity Inc), Lease Agreement (Healthequity Inc)

Prior Lien. The Security Instrument securing the Note in favor of LenderAgent, and any modifications, renewals or extensions thereof (including, without limitation, any modifications, renewals or extensions with respect to any additional advances made subject to the Security Instrument), shall unconditionally be and at all times remain a lien on the Property prior and superior to the Lease;

Appears in 1 contract

Sources: Agreement of Sale (RREEF Property Trust, Inc.)

Prior Lien. The Security Instrument securing the Note in favor of Lender, Lender and any modifications, renewals or extensions thereof (including, without limitation, any modifications, renewals or extensions with respect to any additional advances made subject to the Security Instrument), shall unconditionally be and at all times remain a lien on the Property prior and superior to the Lease;Lease (including, without limitation, any amendments, modifications, renewals or extensions thereof); b)

Appears in 1 contract

Sources: Lease Agreement (La Jolla Pharmaceutical Co)

Prior Lien. The Security Instrument securing the Note in favor of Lender, and any modifications, renewals or extensions thereof (including, without limitation, any modifications, renewals or extensions with respect to any additional advances made subject to the Security Instrument), shall unconditionally be and at all times remain a lien on the Property prior and superior to the LeaseLease on and subject to the terms and conditions of this Agreement;

Appears in 1 contract

Sources: Subordination Agreement (Tivo Inc)

Prior Lien. The Security Instrument securing the Note in favor of Lender, and any modifications, renewals or extensions thereof (including, without limitation, any modifications, renewals or extensions with respect to any additional advances made subject to the Security Instrument), shall unconditionally be and at all times remain a lien on the Property prior and superior to the LeaseLease and the Option To Purchase;

Appears in 1 contract

Sources: Charter School Lease

Prior Lien. The Security Instrument securing the Note in favor of Lender, and any modifications, renewals or extensions thereof (including, without limitation, any modifications, renewals or extensions with respect to any additional advances made subject to the Security Instrument), shall unconditionally be and at all times remain a lien on the Property prior and superior to the Lease;; Building D

Appears in 1 contract

Sources: Lease Agreement (Aruba Networks, Inc.)