Common use of Financing Statements Filed Against Lessees Clause in Contracts

Financing Statements Filed Against Lessees. Except in the case of Leases of Equipment having an aggregate Invoice Price less than Thirty-five Thousand Dollars ($35,000.00), evidence of electronic filing receipts, a search report (from Dun and Bradstreet or comparable reporting entity) confirming the existence or copies (any of such documentation with filing numbers and filing dates) of duly executed and filed Uniform Commercial Code financing statements on form UCC-1 naming TSFC as secured party and the Lessees under the Leases to be financed on the Closing Date as debtors, identifying as collateral the Equipment subject to such Leases.

Appears in 2 contracts

Samples: Loan and Security Agreement (Cooperative Computing Inc /De/), Loan and Security Agreement (Cooperative Computing Inc /De/)

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Financing Statements Filed Against Lessees. Except in the case of Leases of Equipment having an aggregate Invoice Price less than Thirty-five Thousand Dollars ($35,000.00), evidence of electronic filing receipts, a search report (from Dun and Bradstreet or comparable reporting entity) confirming the existence or copies (any of such documentation with filing numbers and filing dates) of duly executed and filed Uniform Commercial Code financing statements on form UCC-1 naming TSFC as secured party and the Lessees under the Leases to be financed on the Closing Date as debtors, identifying as collateral the Equipment subject to such Leases.the

Appears in 1 contract

Samples: Loan and Security Agreement (Cooperative Computing Inc /De/)

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Financing Statements Filed Against Lessees. Except in the case of Leases of Equipment having an aggregate Invoice Price less than Thirty-five Thousand Dollars ($35,000.00), either evidence of electronic filing receipts, a search report (from Dun and & Bradstreet or comparable reporting entity) confirming the existence or copies (any of such documentation with listing, among other things, filing numbers and filing dates) dates or copy of duly executed and filed Uniform Commercial Code financing statements on form UCC-1 naming TSFC as secured party and the Lessees under the Leases to be financed on the Closing Date as debtors, identifying as collateral the Equipment subject to such Leases.

Appears in 1 contract

Samples: Loan and Security Agreement (Cooperative Computing Inc /De/)

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