Absence of Certain Property. The Lien Grantor does not own any assets of material value which constitute commercial tort claims, farm products, electronic chattel paper, letter-of-credit rights which are not supporting obligations or as-extracted collateral, as each of the foregoing terms is defined in the UCC.
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Samples: Credit Agreement (Windstream Services, LLC), Abl Security Agreement (Tower Automotive, LLC), Notes Security Agreement (Tower Automotive, LLC)
Absence of Certain Property. The Lien Grantor does not own any assets of material value which constitute commercial tort claims, farm products, electronic chattel paper, letter-of-credit rights which are not supporting obligations or as-extracted collateral, as each of the foregoing terms is defined in the UCC.
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