Common use of Financial Assets Clause in Contracts

Financial Assets. The Account Holder agrees with the Secured Party and the Grantor that, to the fullest extent permitted by applicable law, all property (other than funds) credited from time to time to any Account will be treated as financial assets under Article 8 of the N.Y. Uniform Commercial Code.

Appears in 20 contracts

Samples: Security Agreement, Second Lien Security Agreement (Terremark Worldwide Inc.), Security Agreement (Dynegy Inc /Il/)

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Financial Assets. The Account Holder agrees with the Secured Party and the Grantor Pledgor that, to the fullest extent permitted by applicable law, all property (other than funds) credited from time to time to any the Account will be treated as financial assets under Article 8 of the N.Y. Uniform Commercial Code.

Appears in 2 contracts

Samples: Account Control Agreement (Osi Pharmaceuticals Inc), Account Control Agreement (Osi Pharmaceuticals Inc)

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Financial Assets. The Account Holder Bank agrees with the Secured Party and the Grantor that, to the fullest extent permitted by applicable law, all property (other than funds) credited from time to time to any Account will be treated as financial assets under Article 8 of the N.Y. Uniform Commercial Code.

Appears in 1 contract

Samples: Control Agreement (Cheniere Energy Inc)

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