Common use of Other Security Interests Clause in Contracts

Other Security Interests. If you are in default under this agreement and there is a security before our security interest on any property, we may pay out that security interest and add the cost of doing that to the money owing.

Appears in 2 contracts

Sources: Business Overdraft and Business Line of Credit Agreement, Business Overdraft and Business Line of Credit Agreement

Other Security Interests. If you are in default under this agreement and there is a security interest before our security interest on any property, we may pay out that security interest and add the cost of doing that to the money owing.

Appears in 2 contracts

Sources: Guarantee Facility Agreement, Guarantee Facility Agreement