Common use of Amendment to Financing Statement Clause in Contracts

Amendment to Financing Statement. Without limitation of the obligations of Pledgor pursuant to Section 6.4 of the Pledge Agreement, Pledgor hereby authorizes Lender to file an amendment to the UCC-1 financing statement currently on file with respect to the Pledged Stock to reflect the inclusion of the rights of Pledgor under the Piedmont Merger Agreement in the description of collateral in such financing statement.

Appears in 1 contract

Sources: Loan and Subordinated Debenture Purchase Agreement (Privatebancorp, Inc)

Amendment to Financing Statement. Without limitation of the obligations of Pledgor pursuant to Section 6.4 of the Pledge Agreement, Pledgor hereby authorizes Lender to file an amendment to the UCC-1 financing statement currently on file with respect to the Pledged Stock to reflect the inclusion entirety of the rights of Pledgor under the Piedmont Merger Agreement Pledged Stock in the description of collateral in such financing statement.

Appears in 1 contract

Sources: Loan and Subordinated Debenture Purchase Agreement (Privatebancorp, Inc)