Common use of Marking of Chattel Paper Clause in Contracts

Marking of Chattel Paper. Guarantor will not create any Chattel Paper without placing a legend on the Chattel Paper acceptable to Lender indicating that Lender has a security interest in the Chattel Paper.

Appears in 2 contracts

Samples: Guaranty and Commercial Security Agreement (Superior Consultant Holdings Corp), Guaranty and Commercial Security Agreement (Superior Consultant Holdings Corp)

AutoNDA by SimpleDocs

Marking of Chattel Paper. Guarantor will not No Obligor shall create any Chattel Paper without placing a legend on of the Chattel Paper acceptable to Lender indicating that Lender has a security interest in the Chattel Paper.

Appears in 1 contract

Samples: Loan and Security Agreement (Crown Andersen Inc)

Marking of Chattel Paper. Guarantor Borrower will not create any Chattel Paper without placing a legend on the Chattel Paper acceptable to Lender indicating that Lender has a security interest in the Chattel Paper.

Appears in 1 contract

Samples: Loan and Security Agreement (Halifax Corp of Virginia)

AutoNDA by SimpleDocs

Marking of Chattel Paper. Guarantor The Borrower will not create any Chattel Paper without placing a legend on the Chattel Paper paper acceptable to Lender indicating that Lender has a security interest in the Chattel Paper.

Appears in 1 contract

Samples: Collateral Security Agreement (Singing Machine Co Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!