Common use of ADDITIONS TO COLLATERAL Clause in Contracts

ADDITIONS TO COLLATERAL. Anything added to the Collateral, including but not limited to engines, transmissions, tires, wheels, fifth wheels, radios and electrical equipment, tanks and any other body or structure that becomes part of the Collateral, shall constitute "Additions & Accessions" and shall be subject to Seller's security interest. All Additions & Accessions must stay with the Collateral if it is repossessed or returned to Seller.

Appears in 3 contracts

Samples: Security Agreement (Boyd Bros Transportation Inc), Security Agreement (Boyd Bros Transportation Inc), Security Agreement (Boyd Bros Transportation Inc)

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ADDITIONS TO COLLATERAL. Anything added to the Collateral, including but not limited to engines, transmissions, tires, wheels, fifth wheels, radios and electrical equipment, tanks and any other body or structure that becomes part of the Collateral, shall constitute "Additions & Accessions" and shall be subject to Seller's security interest. All Additions & Accessions must stay with the Collateral if it is repossessed or returned to Seller.

Appears in 1 contract

Samples: Security Agreement (Boyd Bros Transportation Inc)

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ADDITIONS TO COLLATERAL. Anything added to the Collateral, including but not limited to engines, transmissions, tires, wheels, fifth wheels, radios and electrical equipment, tanks and any other body or structure that becomes part of the Collateral, shall constitute "Additions & Accessions" and shall be subject to Seller's Sellers security interest. All Additions & Accessions must stay with the Collateral if it is repossessed or returned to Seller.

Appears in 1 contract

Samples: Security Agreement (Sports Resorts International Inc)

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