SECURITY AGREEMENT; FINANCING STATEMENTS. The following provisions relating to this Mortgage as a security agreement are a part of this Mortgage:
SECURITY AGREEMENT; FINANCING STATEMENTS. The following provisions relating to this Deed of Trust as a security agreement are a part of this Deed of Trust.
SECURITY AGREEMENT; FINANCING STATEMENTS. A Security Agreement executed by Borrower, substantially in the form of EXHIBIT "C", together with filing copies (or other evidenced of filing satisfactory to Lender and its counsel) of such Uniform Commercial Code financing statements, collateral assignments and termination statements, with respect to the Collateral as Lender shall request.
SECURITY AGREEMENT; FINANCING STATEMENTS. To further secure the repayment and performance of the Secured Obligations and other obligations secured by this Deed of Trust, Grantor hereby grants to Beneficiary a Uniform Commercial Code security interest in all building materials, building supplies, fixtures, inventory and equipment (other than household goods) now owned or hereafter acquired by Grantor, together with all attachments, accessories and accessions thereto and replacements thereof, located at or upon or intended for use, used, or useable in the construction, occupancy, operation or maintenance of improvements constructed or to be constructed on the real property described or identified in section 4 of this Deed of Trust. With respect to such personal property, Beneficiary shall have all the rights of a secured creditor under the Uniform Commercial Code as adopted and amended from time to time in the State of North Carolina. In addition to recording this Deed of Trust Beneficiary may, at any time and without further authorization from Grantor, file such financing statements as Beneficiary deems appropriate to perfect its security interest in the personal property described in this section.
SECURITY AGREEMENT; FINANCING STATEMENTS. In addition to the assignment by the Issuer of its rights in the Revenues to the Trustee, the Issuer hereby acknowledges that, in order to more fully protect, perfect and preserve the rights of the Trustee and the Debenture holders in the Revenues, the Issuer grants to the Trustee a security interest in the Revenues and the proceeds thereof. The Issuer agrees to cooperate with the Trustee in filing financing statements, and continuations thereof, in such manner and in such places as may be required by law in order to perfect such security interest. At the time of the issuance of the Debentures and at the required intervals under applicable State law, the Trustee, at the expense of the Borrower, may obtain an opinion of Counsel setting forth what, if any, actions by the Issuer or Trustee should be taken in order to protect, perfect and preserve such security interest. The Trustee shall cooperate with the Issuer as necessary, including the execution of any necessary financing statements and continuations thereof. The following information is supplied to facilitate filings under the Uniform Commercial Code of the State:
SECURITY AGREEMENT; FINANCING STATEMENTS. The following provisions shall apply to this Deed of Trust as a Security Agreement, see also Exhibit “C” attached hereto:
SECURITY AGREEMENT; FINANCING STATEMENTS. On the dates of each of the Closing and the Second Closing, as the case may be, the Company shall have executed and delivered the Security Agreement (as defined in the Debentures) and an appropriate number of financing statements on Form UCC-1 to be filed in each jurisdiction necessary for the Investors to perfect their security interest in the Collateral.
SECURITY AGREEMENT; FINANCING STATEMENTS. The following provisions relating to this Mortgage as a security agreement are a part of this Mortgage: SECURITY AGREEMENT. This instrument shall constitute a Security Agreement to the extent any of the Property constitutes fixtures, and Lender shall have all of the rights of a secured party under the Uniform Commercial Code as amended from time to time.
SECURITY AGREEMENT; FINANCING STATEMENTS. To secure your performance of the Contractual Covenants and your other obligations to us under this Agreement or any other agreement between you and us, you give us a continuing priority security interest, in the following property of yours (collectively, the "Collateral"):(a) all of your personal property, including, all accounts, chattel paper, documents, equipment, general intangibles, instruments, inventory (as those terms are defined in Section 9 of the Uniform Commercial Code ("UCC") in effect from time to-time in the State of Florida); (b) trademarks, trade names, service marks, logos and other sources of business identifiers, and all registrations, recordings and applications with the U.S. Patent and Trademark Office ("USPTO") and all renewals, reissues and extensions thereof (collectively "IP") whether owned now or acquired later, together with any written agreement granting any right to use any IP; and (c) all proceeds from items described in (a) and (b) above, as the term "proceeds" is defined in Section 10 of the UCC The security interest described above does not secure any loan payment obligation, since you have no such obligation under this Agreement. You understand and agree that we may file one or more (i) UCC-I financing statements at any time to perfect our interests under the UCC created by this Agreement, and (ii) assignments with USPTO to perfect the security interest in IP described above. If we elect to file a financing statement naming you as debtor or seller, you authorize us to describe the collateral as "all assets of debtor/seller, whether now owned or hereafter acquired," or words to that effect, even though the security interest created under this Agreement may not, in fact, apply to all of your assets and even though your sale of the Specified Amount of Future Receivables does not cause you to become a debtor or cause us to become a creditor. Such financing statements also may state that you are prohibited from transferring Future Receivables to anyone other than us or granting any security interest in your accounts receivable to anyone other than us until we receive the Specified Amount of Future Receivables and any other amounts we are entitled to receive under the Agreement. You authorize us to file financing statements and any continuation statements or amendments as we require from time to time, and agree that we or our designee may file any such financing statement before this agreement goes into effect. Our rights unde...
SECURITY AGREEMENT; FINANCING STATEMENTS. In addition to the assignment by the Issuer of its rights in the Trust Estate to the Trustee, the Issuer hereby acknowledges that, in order to more fully protect, perfect and preserve the rights of the Trustee and the Bondholders in the Trust Estate, the Issuer grants to the Trustee a security interest in the Trust Estate and the proceeds thereof. The Issuer agrees to cooperate with the Trustee in filing financing statements, and continuations thereof, in such manner and in such places as may be required by law and the Loan Documents in order to perfect such security interest. At the time of the issuance of the Bonds and at the required intervals under applicable State law, the Trustee, at the expense of the Borrower, [shall/may] obtain an opinion of Counsel setting forth what, if any, actions by the Issuer or Trustee should be taken in order to protect, perfect and preserve such security interest. The Trustee shall cooperate with the Issuer and the Borrower as necessary, including the execution of any necessary financing statements and continuations thereof. The following information is supplied to facilitate filings under the Uniform Commercial Code of the State: The secured party is [NAME OF TRUSTEE]. Its address from which information concerning the security interest may be obtained and its mailing address is: [ADDRESS OF TRUSTEE]. The debtor is [NAME OF ISSUER]. Its mailing address is: [ADDRESS OF ISSUER].
