Common use of Disclosure of Security Interest Clause in Contracts

Disclosure of Security Interest. Each Borrower shall make appropriate entries upon its financial statements and books and records disclosing Agent’s security interest in the Collateral of such Borrower.

Appears in 5 contracts

Samples: Loan and Security Agreement (ModusLink Global Solutions Inc), Loan and Security Agreement (Cmgi Inc), Loan and Security Agreement (Cmgi Inc)

AutoNDA by SimpleDocs

Disclosure of Security Interest. Each Borrower shall make appropriate entries upon its financial statements and its books and records disclosing Agenteach Lender’s security interest in the Collateral of such BorrowerCollateral.

Appears in 3 contracts

Samples: Loan and Security Agreement (DT Credit Company, LLC), Loan and Security Agreement (DT Acceptance Corp), Loan and Security Agreement (DriveTime Automotive, Inc.)

Disclosure of Security Interest. Each Borrower shall make appropriate entries as required by generally accepted accounting principles upon its financial statements and books and records disclosing Agent’s Lender's security interest in the Collateral of such BorrowerCollateral.

Appears in 1 contract

Samples: Loan and Security Agreement (Vita Food Products Inc)

Disclosure of Security Interest. Each The Borrower shall make appropriate entries upon its financial statements and books and records disclosing the Agent’s 's security interest in the Collateral of such BorrowerCollateral.

Appears in 1 contract

Samples: Security Agreement (Lason Inc)

AutoNDA by SimpleDocs

Disclosure of Security Interest. Each Borrower shall make appropriate entries upon its financial statements and its books and records disclosing the Agent’s security interest in the Collateral for the benefit of such Borrowerthe Lenders.

Appears in 1 contract

Samples: Loan and Security Agreement (DT Acceptance Corp)

Disclosure of Security Interest. Each Borrower shall make appropriate entries upon its financial statements and books and records disclosing Agent’s Lenders’ security interest in the Collateral of such BorrowerCollateral.

Appears in 1 contract

Samples: Loan and Security Agreement (I2 Telecom International Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!