Common use of Treatment as Financial Assets Clause in Contracts

Treatment as Financial Assets. Each item of property (whether investment property, financial asset, security, security entitlement, instrument or Cash) credited to the Collateral Account shall be treated as a financial asset under Article 8 of the UCC.

Appears in 3 contracts

Samples: Pledge Agreement (Sierra Pacific Resources /Nv/), Pledge Agreement (Dqe Capital Corp), Pledge Agreement (Sierra Pacific Resources /Nv/)

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Treatment as Financial Assets. Each item of property (whether investment property, financial asset, security, security entitlement, instrument or Cash) credited to the Collateral Account shall be treated as a financial asset under Article 8 of the UCC.

Appears in 3 contracts

Samples: Collateral Agreement (Wells Fargo & Co/Mn), Collateral Agreement (National City Corp), Collateral Agreement (Wells Fargo & Co/Mn)

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Treatment as Financial Assets. Each item of property (whether investment property, financial asset, security, security entitlementsecurities entitlements, instrument or Cash) credited to the Collateral Account shall be treated as a financial asset under Article 8 of the UCC.

Appears in 1 contract

Samples: Pledge Agreement (Sierra Pacific Resources)

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