Common use of Continuation of Lien Clause in Contracts

Continuation of Lien. The security interest in favor of Bank One in all Consumer Notes transmitted pursuant to SUBSECTION 3.4(b) shall continue in effect until such time as Bank One shall have received payment in full of the amount described in SUBSECTION 3.4(b)(ii).

Appears in 2 contracts

Sources: Credit Agreement (Cameron Ashley Building Products Inc), Credit Agreement (Cameron Ashley Building Products Inc)