UCC Filing Collateral definition
Examples of UCC Filing Collateral in a sentence
With respect to that portion of the Collateral as to which the filing of a financing statement is a permissible method of perfection (the "UCC Filing Collateral"), the security interest in favor of the Collateral Agent for the benefit of the Secured Parties in that portion of the UCC Filing Collateral which is described in the Financing Statements will be perfected upon filing of the Financing Statements in the Filing Office.
With respect to that portion of the Article 9 Collateral as to which the filing of a financing statement is a permissible method of perfection (the "UCC Filing Collateral"), the security interest in favor of the Collateral Agent for the benefit of the Bank Creditors in that portion of the UCC Filing Collateral which is described in the Financing Statement will be perfected upon filing of the Financing Statement in the Filing Office.