Common use of Control; Financing Statement Clause in Contracts

Control; Financing Statement. (a) The Collateral Agent shall have control of the Collateral Account pursuant to the provisions of Section 4 of this Agreement. (b) As soon as practicable after the date of initial issuance of the Securities, the Company shall deliver to the Collateral Agent a financing statement under the UCC which was prepared for filing by the Company in the Office of the Secretary of State of the State of New York and any other jurisdictions which the Company deems necessary, signed by the Purchase Contract Agent, as attorney-in-fact for the Holders, as Debtors, and describing the Collateral, together with evidence of the filing thereof and of the filing information of the filing officer of each office in which so filed.

Appears in 1 contract

Sources: Pledge Agreement (PPL Corp)

Control; Financing Statement. (a) The Collateral Agent shall have control of the Collateral Account pursuant to the provisions of Section 4 4.3 of this Agreement. (b) As soon as practicable after the date of initial issuance of the Securities, the Company shall deliver to the Collateral Agent a financing statement under the UCC which was prepared for filing by the Company in the Office of the Secretary of State of the State of New York and any other jurisdictions which the Company deems necessary, signed by naming the Purchase Contract Agent, as attorney-in-fact for the Holders, as Debtors, and describing the Collateral, together with evidence of the filing thereof and of the filing information of the filing officer of each office in which so filed.

Appears in 1 contract

Sources: Pledge Agreement (Pp&l Capital Funding Inc)