Common use of “Financial Assets” Election Clause in Contracts

“Financial Assets” Election. Each of the parties hereto agrees that each item of property (whether any security, instrument, obligation, share, participation, interest or other property whatsoever but excluding cash) at any time in the Collection Account shall be treated as a “financial asset” (within the meaning of Section 8-102 of the UCC).

“Financial Assets” Election. Each of the parties hereto agrees that each item of property (whether any security, instrument, obligation, share, participation, interest or other property whatsoever but excluding cash) at any time in the Collection Collateral Securities Account shall be treated as a “financial asset” (within the meaning of Section 8-102 of the UCC).

“Financial Assets” Election. Each of the parties hereto agrees that each item of property (whether any security, instrument, obligation, share, participation, interest or other property whatsoever but excluding cash) at any time in the Collection Account shall be treated as a “financial asset” (within the meaning of Section 8-102 of the UCC). SECTION 4.

“Financial Assets” Election. Each of the parties hereto agrees that each item of property (whether any security, instrument, obligation, share, participation, interest or other property whatsoever but excluding cash) at any time in the Collection Account Collateral Accounts shall be treated as a “financial asset” (within the meaning of Section 8-102 of the UCC).

“Financial Assets” Election. Each of the parties hereto party hereby agrees that each item of property (whether any securityinvestment property, instrumentfinancial asset, obligation, share, participation, interest security or other property whatsoever but excluding instrument (each as defined in the UCC) or cash) at any time in credited to a Controlled Account on or after the Collection Account date of the Agreement shall be treated as a “financial asset” (within the meaning of Section UCC §8-102 of the UCC102(a)(9).