Amendment to Financing Statement Sample Clauses
An Amendment to Financing Statement clause outlines the process and requirements for making changes to an existing financing statement, which is a legal document used to perfect a security interest in collateral. This clause typically specifies who has the authority to file amendments, the types of changes that can be made—such as correcting errors, updating debtor information, or adding or removing collateral—and any necessary notifications to involved parties. Its core practical function is to ensure that the financing statement remains accurate and up-to-date, thereby maintaining the enforceability of the secured party's interest and preventing disputes or confusion regarding the collateral.
Amendment to Financing Statement. In connection with this First Amendment, Landlord authorizes any Tenant to file an amendment to that certain UCC Financing Statement filed on October 30, 2017, in the ▇▇▇▇▇ County Real Estate Records, in which certain Landlord Parties were named as the “Secured Party” therein, which amendment shall remove the Eastside Property from the Collateral described in such financing statement.
Amendment to Financing Statement. Without limitation of the obligations of Pledgor pursuant to Section 6.4 of the Pledge Agreement, Pledgor hereby authorizes Lender to file an amendment to the UCC-1 financing statement currently on file with respect to the Pledged Stock to reflect the inclusion of the rights of Pledgor under the Piedmont Merger Agreement in the description of collateral in such financing statement.
Amendment to Financing Statement. State (and related documents)
Amendment to Financing Statement. The Assignors and the Company hereby authorize the Assignee to take all steps it deems reasonably necessary to perfect its security interest in the Collateral (as defined in the Security Agreement), including, without limitation, the filing of any amendment to financing statements adding the Assignee as a “Secured Party” thereunder.
Amendment to Financing Statement. The Bank shall amend any UCC-1 financing statements filed by the Bank against Customer to release from the Bank Collateral covered thereby only those Specified Accounts Receivable sold by Customer to RCA, subject however to the refiling by the Bank in respect thereof in accordance with Section 4 hereof.