Common use of Perfection and Evidence of Priority Clause in Contracts

Perfection and Evidence of Priority. Evidence that the security interests and liens in the Collateral in favor of the Lender are valid, enforceable, properly perfected in a manner acceptable to the Lender and prior to all other liens and security interests, except those the Lender consents to in writing.

Perfection and Evidence of Priority. Evidence that the security interests and liens in the Collateral in favor of the Lender are valid, enforceable, properly perfected in a manner acceptable to the Lender and prior to all other liens others’ rights and security interests, except those the Lender consents to in writing.

Perfection and Evidence of Priority. Evidence that the security interests and liens in the Collateral granted hereunder in favor of the Lender are valid, enforceable, properly perfected in a manner acceptable to the Lender and prior to all other liens others’ rights and security interests, except those interests as of the Lender consents to in writingdate hereof.