Common use of Security Interest in Personal Property Clause in Contracts

Security Interest in Personal Property. 2.2.1 This Mortgage shall constitute a security agreement and shall create and evidence a security interest or common law Lien in all the Equipment and in all the other items of Mortgaged Property in which a security interest may be granted or a common law pledge created pursuant to the UCC or under the common law in such state (collectively, "Personal Property").

Appears in 5 contracts

Samples: Security Agreement and Fixture (Blue Steel Capital Corp), Security Agreement and Fixture (Blue Steel Capital Corp), Security Agreement and Fixture (Blue Steel Capital Corp)

AutoNDA by SimpleDocs

Security Interest in Personal Property. 2.2.1 This Mortgage shall constitute a security agreement and shall create and evidence a security interest or common law Lien in all the Equipment and in all the other items of Mortgaged Property in which a security interest may be granted or a common law pledge created pursuant to the UCC Uniform Commercial Code as in effect in the state in which the Premises are located or under the common law in such state (collectively, "Personal Property").

Appears in 1 contract

Samples: Security Agreement and Fixture (Rti Capital Corp)

Security Interest in Personal Property. 2.2.1 4.1 This Mortgage shall constitute a security agreement and shall create and evidence a security interest or common law Lien lien in all of the Equipment Personal Property and in all of the other items of Mortgaged Property in which a security interest may be granted or a common law pledge created pursuant to the UCC Uniform Commercial Code as in effect in the state in which the Personal Property or Mortgaged Premises, as applicable, are located or under the common law in such state (collectivelystate, "subject to the rights of the holders of purchase money mortgages with respect to the Personal Property").

Appears in 1 contract

Samples: Reimbursement Agreement (Alexanders Inc)

Security Interest in Personal Property. 2.2.1 This Mortgage shall constitute a security agreement and shall create and evidence a security interest or common law Lien in all the Equipment and in all the other items of Mortgaged Property (collectively, "Personal Property") in which a security interest may be granted or a common law pledge created pursuant to the UCC or under Uniform Commercial Code as in effect in the common law state in such state which the Premises are located (collectively, the "Personal PropertyUCC").

Appears in 1 contract

Samples: Republic Engineered Steels Inc

AutoNDA by SimpleDocs

Security Interest in Personal Property. 2.2.1 This Mortgage shall constitute a security agreement and shall create and evidence a security interest or common law Lien in all the Equipment and in all the other items of Mortgaged Property in which a security interest may be granted or a common law pledge created pursuant to the UCC Uniform Commercial Code as in effect in the state in which the Premises are located or under the common law in such state (collectively, "Personal Property").

Appears in 1 contract

Samples: Security Agreement (General Automation Inc/Il)

Security Interest in Personal Property. 2.2.1 This Mortgage shall constitute a security agreement and shall create and evidence a security interest or common law Lien in all the Equipment and in all the other items of property comprising the Mortgaged Property in which a security interest or lien may be granted or a common law pledge created pursuant to the UCC Uniform Commercial Code as in effect in the state in which the Premises are located or under the common law in such state (collectively, "Personal Property").

Appears in 1 contract

Samples: Credit Agreement (American Standard Companies Inc)

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