Common use of Financial Assets Clause in Contracts

Financial Assets. The Account Holder agrees with Trustee and the Pledgor that, to the fullest extent permitted by applicable law, all property credited from time to time to the Pledged Account will be treated as financial assets under Article 8 of the UCC.

Appears in 7 contracts

Samples: Pledge Agreement (Serena Software Inc), Control Agreement (Solectron Corp), Pledge Agreement (Solectron Corp)

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Financial Assets. The Account Holder agrees with Trustee and the Pledgor that, to the fullest extent permitted by applicable law, that all property credited from time to time to the Pledged Account will be treated as financial assets under Article 8 of the UCC.

Appears in 5 contracts

Samples: Pledge Agreement (Mindspeed Technologies, Inc), Control Agreement (Thoratec Corp), Pledge Agreement (Thoratec Corp)

Financial Assets. The Account Holder agrees with the Collateral Agent, the Trustee and the Pledgor that, to the fullest extent permitted by applicable law, all property credited from time to time to the Pledged Pledge Account will be treated as financial assets under Article 8 of the UCC.

Appears in 2 contracts

Samples: Pledge Agreement (Scios Inc), Control Agreement (Scios Inc)

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Financial Assets. The Account Holder agrees with Trustee the Agent and the Pledgor that, to the fullest extent permitted by applicable law, all property credited from time to time to the Pledged Account will be treated as financial assets under Article 8 of the UCC.

Appears in 1 contract

Samples: Pledge Agreement (Viewpoint Corp/Ny/)

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