Fixture Filings definition
Examples of Fixture Filings in a sentence
To the extent the Servicer fails to do so, the Indenture Trustee is authorized to do so, but only if the Indenture Trustee is given a written direction or an Opinion of Counsel specifying the jurisdictions in which such filings shall be made and attaching copies of the applicable assignments of the UCC Fixture Filings to be filed by the Indenture Trustee.
Resident acknowledges and agrees that this Agreement is and shall at all times remain subordinate to all now existing and all future Owner-executed Deeds of Trust, Assignments of Rents, Security Agreements, Ground Leases, UCC or other Fixture Filings, or other documentation evidencing encumbrances affecting the Community, including any modifications or extensions thereof.
Group expressly agrees to execute any appropriate UCC-1 Financing Statement and UCC-1 Fixture Filings, if so requested in writing by MHS.
Lessor and Lessee shall promptly take such actions as may be necessary or advisable in either party's opinion (including without limitation the filing of Uniform Commercial Code Financing Statements or Uniform Commercial Code Fixture Filings) to ensure that the lien and security interest in each Property will be deemed to be a perfected lien and security interest of first priority under applicable law and will be maintained as such throughout the Term.
While the UCC-1 Statement no longer served to perfect the security interest in personal property at GM facilities, the Fixture Filings had been made in the offices of the County Clerks for the counties where the Material Facilities were located.
In addition, if E&I or any of its affiliates elect to participate in the Agreement, they shall be considered Member Institutions.This Agreement does not constitute a purchase order or a commitment to purchase products and/or services by Higher Education or E&1 or its Member Institutions.
The security interest in fixtures covered by the twenty-six Fixture Filings were unaffected by the UCC-3 Termination Statement filed in Delaware.
In addition, GEO shall have paid to the Title Companies (i) all expenses and premiums of the Title Companies in connection with the issuance of such policies and (ii) an amount equal to the recording, mortgage, intangibles, transfer and stamp taxes payable in connection with recording the Mortgages, any amendments to the Mortgages and the Fixture Filings in the appropriate county land office(s).
Despite the filing of the UCC-3 Termination Statement in Delaware, the Defendants allege that, at the time of the 363 Sale they held a perfected security interest in over 200,000 fixtures at GM plants because of twenty-six Fixture Filings in counties where disputed assets were located.
Debtor shall record and/or file any and all UCC Financing Statements, Fixture Filings or other documents (including any modifications or amendments to same) necessary to perfect Secured Party's Lien on such replacement item or items.