Purchase of Materials Under Conditional Sales Contract. No materials, equipment, fixtures or any other part of the Improvements, or articles of personal property placed in the Improvements, shall be purchased or installed under any security agreement or other arrangements in which the seller reserves or purports to reserve a security interest in any such items or the right to remove or to repossess any such items or to consider them personal property after their incorporation in the work of construction, unless authorized by Administrative Agent in writing.
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Purchase of Materials Under Conditional Sales Contract. No materialsMaterials, equipmentEquipment, fixtures or any other part of the Improvements, or articles of personal property Materials or Equipment to be placed in the ImprovementsProject, shall have been or will be purchased or installed under any security agreement, title retention agreement or other arrangements in which wherein the seller reserves or purports to reserve a security interest in any such items or the right to remove or to repossess any such items or to consider them personal property after their incorporation in the work of construction, Project unless authorized by Administrative Agent Lender in writing.
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Purchase of Materials Under Conditional Sales Contract. No materialsMaterials, equipmentEquipment, fixtures or any other part of the Improvements, or articles of personal property Materials or Equipment to be placed in the ImprovementsProject, shall have been or will be purchased or installed under any security agreement, title retention agreement or other arrangements in which wherein the seller reserves or purports to reserve a security interest in any such items or the right to remove or to repossess any such items or to consider them personal property after their incorporation in the work of construction, Work unless authorized by Administrative Agent Lender in writing.
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Samples: Loan and Security Agreement (Millennium Ethanol, LLC)
Purchase of Materials Under Conditional Sales Contract. No materialsMaterials, equipment, fixtures or any other part of the Improvements, or articles of personal property to be placed in the ImprovementsProject, shall have been or will be purchased or installed under any security agreement, title retention agreement or other arrangements in which wherein the seller reserves or purports to reserve a security interest in any such items or the right to remove or to repossess any such items or to consider them personal property after their incorporation in the work of construction, Work unless authorized by Administrative Agent Lender in writing.
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