Common use of UCC Certificate; UCC Financing Statements Clause in Contracts

UCC Certificate; UCC Financing Statements. Executed copies of such proper financing statements (or other similar instruments), filed and recorded at such Seller's expense prior to the related Seller Addition Date, naming such Seller as the seller and the Purchaser as the purchaser of the Receivables and the Related Security, in proper form for filing in each jurisdiction in which the Purchaser (or any of its assignees) deems it necessary or desirable to perfect the Purchaser's ownership interest in all Receivables and Related Security under the UCC or any comparable law of such jurisdiction;

Appears in 4 contracts

Samples: Receivables Purchase Agreement (Collins & Aikman Corp), Receivables Transfer Agreement (Collins & Aikman Corp), Receivables Purchase Agreement (Mascotech Inc)

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UCC Certificate; UCC Financing Statements. Executed copies of such proper financing statements (or other similar instruments), filed and recorded at such Seller's ’s expense prior to the related Seller Addition Date, naming such Seller as the seller and the Purchaser as the purchaser of the Receivables and the Related Security, in proper form for filing in each jurisdiction in which the Purchaser (or any of its assignees) deems it necessary or desirable to perfect the Purchaser's ’s ownership interest in all Receivables and Related Security under the UCC or any comparable law of such jurisdiction;

Appears in 1 contract

Samples: Receivables Purchase Agreement (Trimas Corp)

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