Use "after acquired clause" in a sentence
1. AFTER ACQUIRED CLAUSE:
2. Does the prior charge flow from an after-acquired clause?
3. Obtain a postponement of the after-acquired clause for the assets being financed by the CSBF Loan.
4. As a general rule, this situation will arise when the loan is made for improvements to an asset on which there is already a prior charge. [Regs ss.14(5)] After acquired clause: