Common use of Attachment, Perfection, Possession and Control Clause in Contracts

Attachment, Perfection, Possession and Control. (a) The Corporation acknowledges that (i) value has been given, (ii) it has rights in the Collateral or the power to transfer rights in the Collateral to the Agent (other than after-acquired Collateral), (iii) it has not agreed to postpone the time of attachment of the Security Interest, and (iv) it has received a copy of this Security Agreement.

Appears in 3 contracts

Samples: Security Agreement (E-World Usa Holding,inc), Security Agreement (E-World Usa Holding,inc), Security Agreement (E-World Usa Holding,inc)

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Attachment, Perfection, Possession and Control. (a) The Corporation acknowledges that (i) value has been given, (ii) it has rights in the Collateral or the power to transfer rights in the Collateral to the Agent Lender (other than after-acquired Collateral), (iii) it has not agreed to postpone the time of attachment of the Security Interest, and (iv) it has received a copy of this Security Agreementsecurity agreement.

Appears in 1 contract

Samples: Security Agreement (Canadian Cannabis Corp.)

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