Common Contracts

1 similar Security Agreement contracts

TERMINOLOGY (see UCC Art. 9 “Definitions”) Debtor: The person who owes payment or performance of the obligation secured Secured Party (“Creditor”): A lender, seller or other person in whose favor there is a security interest Security agreement: The...
Security Agreement • July 24th, 2013

Security interest: An interest in personal property or fixtures which secures payment or performance of an obligation

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