“Financial Assets” Election. The Securities Intermediary hereby agrees that each item of Investment Property (whether investment property, financial asset, (1) Use “the Company” if Borrower owns the Designated Account(s). If a Subsidiary owns the Designated Account(s), use [ ]. (the “Borrower”)”. security, instrument or cash) credited to any Designated Account shall be treated as a “financial asset” within the meaning of Section 8-102(a)(9) of the UCC.
Appears in 2 contracts
Samples: Security Agreement (Department 56 Inc), Security Agreement (Department 56 Inc)
“Financial Assets” Election. The Securities Intermediary hereby agrees that each item of Investment Property (whether investment property, financial asset,
(1) 1 Use “the Company” if Borrower owns the Designated Account(s). If a Subsidiary owns the Designated Account(s), use [ [_________________]. (the “Borrower”)”. security, instrument or cash) credited to any Designated Account shall be treated as a “financial asset” within the meaning of Section 8-102(a)(9) of the UCC.
Appears in 1 contract
Samples: Security Agreement (Lenox Group Inc)
“Financial Assets” Election. The Securities Intermediary hereby agrees that each item of Investment Property (whether investment property, financial asset,
(1) Use , 1Use “the Company” if Borrower owns the Designated Account(s). If a Subsidiary owns the Designated Account(s), use [ [_________________]. (the “Borrower”)”. security, instrument or cash) credited to any Designated Account shall be treated as a “financial asset” within the meaning of Section 8-102(a)(9) of the UCC.
Appears in 1 contract
Samples: Security Agreement (Lenox Group Inc)
“Financial Assets” Election. The Securities Intermediary hereby agrees that each item of Investment Property (whether investment property, financial asset,
(1) Use “the Company” if Borrower owns the Designated Account(s). If a Subsidiary owns the Designated Account(s), use [ ]. (the “Borrower”)”. security, instrument or cash) credited to any Designated Account shall be treated as a “financial asset” within the meaning of Section 8-102(a)(9) of the UCC. 1 Use “the Company” if Borrowers owns the Designated Account(s). If a Subsidiary owns the Designated Account(s), use BearingPoint, Inc. (the “Borrowers”)”.
Appears in 1 contract
Samples: Credit Agreement (Bearingpoint Inc)
