Common use of Priority Interest Clause in Contracts

Priority Interest. No Person other than Lender has (or, in the case of after-acquired Collateral, will have, at the time Borrowers acquires rights therein) any interest in the Collateral, including but not limited to any security interest or other lien or charge.

Priority Interest. No Person Except for the Subordinating Creditor, no entity other than Lender has (or, in the case of after-acquired Collateral, will have, at the time Borrowers Borrower acquires rights therein) any interest in the Collateral, including but not limited to any security interest or other lien or charge.

Priority Interest. No Person entity other than Lender has (or, in the case of after-acquired Collateral, will have, at the time Borrowers Borrower acquires rights therein) any interest in the Collateral, including but not limited to any security interest or other lien or charge.