Ucc Pledge Agreement

On April 13, 2021 by heart

These rights and remedies are open to a party insured under the UCC (whether or not the UCC applies to the guarantees concerned) or to any other applicable law (including, but not limited, to a bank privilege law153 or to a bank lender153) when a debtor is in default under a security agreement. 8.15. Full agreement. This security agreement contains the comprehensive agreement and agreement between the Grantors and the administrative officer with respect to guarantees and replaces all previous agreements and agreements between the Grantors and the administrative officer with respect to guarantees. “Account Control Agreement,” an agreement that is reasonably satisfactory in terms of form and content for the administrative officer and each relevant grantor, under each grantor, a bank holding such Funds Grantor153s and the administrative officer, with respect to the collection and control of all deposits and balances held in a deposit account controlled by such a large bank account with such a bank; 3.9. No funding declarations, no security agreements. No funding declaration or security agreement in which the guarantee, which is not full or partial of the security that has not expired or which have been terminated, the designation of such a donor as a debtor or in a jurisdiction, except the funding declarations (i) the designation of the administrative officer on behalf of the guaranteed parties and (ii) with respect to Links , which are eligible under section 6.02 of the credit contract, to mention; unless this is considered to be an agreement to subordination one of the administrative officer`s links in connection with the Links loan documents, which are otherwise authorized in accordance with Section 6.02 of the credit contract. A person is bound as a debtor by a security agreement entered into by another person if, by applicable law with a law other than this article, or by contract: “licences” means, in the case of a person, all these rights, titles and interests on and on (a) all license agreements or similar agreements in and on his patents , rights or trademarks; (b) all income, royalties, claims, claims and payments that are due or payable now or later in and in connection with them, including, but not only, damages and payments for past and future offences, and (c) all rights to sue for past, present and future offences. (2) The person is generally required to meet the other person`s obligations, including the obligation guaranteed by the guarantee contract, to acquire or acquire or acquire all the assets of the other person or, for the most part, of all the assets of the other person. (D) Security is deposit accounts, electronic chat paper, investment property or credit rights, and the insured portion is controlled in accordance with sections 9-104, 9-105, 9-106 or 9-107 of the debtor.

3.12.2 To the knowledge of each grantor, this Grantor has taken or taken appropriate steps to ensure that no intellectual property of value depending on the confidentiality of the Grantors has been passed on by that grantor to anyone other than employees, subcontractors, customers, representatives and representatives of the Grantors, parties to the usual confidentiality and confidentiality agreements with the Grantors. , unless there has been no reason to expect this to have a significant negative effect. (d) [When a person is bound by another person`s security agreement;] A security interest is linked to security when it becomes enforceable against the debtor with respect to security, unless an agreement explicitly postpones the foreclosure period.

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