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(a)__Without knowledge of the lien; or |
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| | | (b)__Pursuant to a commitment entered into without knowledge | | of the lien. |
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| | | (3)__Subsections (1) and (2) do not apply to a security | | interest held by a secured party that is a buyer of accounts, | | chattel paper, payment intangibles or promissory notes or a | | consignor. |
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| | | (4)__Except as otherwise provided in subsection (5), a buyer | | of goods other than a buyer in ordinary course of business takes | | free of a security interest to the extent that it secures | | advances made after the earlier of: |
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| | | (a)__The time the secured party acquires knowledge of the | | buyer's purchase; or |
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| | | (b)__Forty-five days after the purchase. |
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| | | (5)__Subsection (4) does not apply if the advance is made | | pursuant to a commitment entered into without knowledge of the | | buyer's purchase and before the expiration of the 45-day period. |
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| | | (6)__Except as otherwise provided in subsection (7), a lessee | | of goods, other than a lessee in ordinary course of business, | | takes the leasehold interest free of a security interest to the | | extent that it secures advances made after the earlier of: |
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| | | (a)__The time the secured party acquires knowledge of | | the lease; or |
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| | | (b)__Forty-five days after the lease contract becomes | | enforceable. |
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| | | (7)__Subsection (6) does not apply if the advance is made | | pursuant to a commitment entered into without knowledge of the | | lease and before the expiration of the 45-day period. |
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| | | 1. Source. Former Sections 9-312(7), 9-301(4), 9-307(3), | | 2A307(4). |
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| | | 2. Scope of This Section. A security agreement may provide | | that collateral secures future advances. See Section 9-204(c) | | [Maine cite section 9-1204, subsection (3)]. This section | | collects all of the special rules dealing with the priority of |
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