Common use of Enforceability of Collateral Clause in Contracts

Enforceability of Collateral. To the extent the Collateral consists of accounts, chattel paper, or general intangibles, the Collateral is enforceable in accordance with its terms, is genuine, and complies with applicable laws concerning form, content and manner of preparation and execution, and all persons appearing to be obligated on the Collateral have authority and capacity to contract and are in fact obligated as they appear to be on the Collateral.

Appears in 56 contracts

Samples: Security Agreement (Globalscape Inc), Security Agreement (Globalscape Inc), Security Agreement (Globalscape Inc)

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Enforceability of Collateral. To the extent the Collateral consists of accounts, contract rights, chattel paper, or general intangibles, the Collateral is enforceable in accordance with its terms, is genuine, and complies with applicable laws concerning form, content content, and manner of preparation and execution, and all persons appearing to be obligated on the Collateral have authority and capacity to contract and are in fact obligated as they appear to be on the Collateral.

Appears in 5 contracts

Samples: Trust Indenture and Security Agreement, Commercial Security Agreement, Trust Indenture and Security Agreement

Enforceability of Collateral. To the extent the Collateral consists of accounts, chattel paper, or general intangibles, the Collateral is enforceable in accordance with its terms, is genuine, and complies with applicable laws concerning form, content and manner of preparation and execution, and all persons appearing to be obligated on the Collateral have authority and capacity to contract and are in fact obligated as they appear to be on the Collateral.. COMMERCIAL SECURITY AGREEMENT PAGE 2 LOAN NO 110368693 (CONTINUED) --------------------------------------------------------------------------------

Appears in 1 contract

Samples: Ommercial Security Agreement (Last Mile Logistics Group, Inc.)

Enforceability of Collateral. To the extent the Collateral consists of accounts, chattel paper, or general intangibles, the Collateral is enforceable in accordance with its terms, is genuine, and complies with applicable laws concerning form, content and manner of preparation and execution, and all persons appearing to be obligated on the Collateral have authority and capacity to contract and are we in fact obligated as they appear to be on the Collateral.

Appears in 1 contract

Samples: Security Agreement (Pods Inc)

Enforceability of Collateral. To the extent the Collateral consists of accounts, contract rights, chattel paper, or general intangibles, the Collateral is enforceable in accordance with its terms, COMMERCIAL SECURITY AGREEMENT CONTINUED is genuine, and complies with applicable laws concerning form, content and manner of preparation and execution, and all persons appearing to be obligated on the Collateral have authority and capacity to contract and are in fact obligated as they appear to be on the Collateral.

Appears in 1 contract

Samples: Security Agreement (Datawatch Corp)

Enforceability of Collateral. To the extent the Collateral consists of accounts, chattel paper, or general intangibles, the Collateral is enforceable in accordance with its terms, is genuine, and complies with applicable laws concerning formtorte, content and manner of preparation and execution, and all persons appearing to be obligated on the Collateral have authority and capacity to contract and are in fact obligated as they appear to be on the Collateral.

Appears in 1 contract

Samples: Mitcham Industries Inc

Enforceability of Collateral. To the extent the Collateral consists of accounts, chattel paper, or general intangibles, the tha Collateral is enforceable in accordance with its terms, is genuine, and complies with applicable laws concerning form, content and manner of preparation and execution, and all persons appearing to be obligated on the Collateral have authority and capacity to contract and are in fact obligated as they appear to be on the Collateral.

Appears in 1 contract

Samples: Business Loan Agreement (Arc Communications Inc)

Enforceability of Collateral. To the extent the Collateral consists of accounts, chattel paper, or general intangibles, the Collateral is enforceable in accordance with its terms, is genuine, and complies with applicable laws concerning form, content and manner of preparation and execution, . and all persons appearing to be obligated on the Collateral have authority and capacity to contract and are in fact obligated as they appear to be on the Collateral.

Appears in 1 contract

Samples: Business Loan Agreement (R B Rubber Products Inc)

Enforceability of Collateral. To the extent the Collateral consists of accountscontract rights, chattel paper, or general intangibles, Grantor represents that the Collateral is enforceable in accordance with its terms, is genuine, and complies with applicable laws concerning form, content and manner of preparation and execution, and all persons appearing to be obligated on the Collateral have authority and capacity to contract and are in fact obligated as they appear to be on the Collateral.

Appears in 1 contract

Samples: Security Agreement (PDS Financial Corp)

Enforceability of Collateral. To the extent the Collateral consists of accounts, chattel paper, or general intangibles, the Collateral is shall be enforceable in accordance with its terms, is shall be genuine, and complies comply with applicable laws concerning form, content and manner of preparation and execution, and all persons appearing to be obligated on the Collateral shall have authority and capacity to contract and are shall in fact be obligated as they appear to be on the Collateral.

Appears in 1 contract

Samples: Business Loan Agreement (Pods Inc)

Enforceability of Collateral. To the extent the Collateral consists of accounts, chattel paper, or general intangibles, the Collateral is enforceable in accordance with its terms, is genuine, and complies with applicable laws concerning form, content and manner of preparation and execution, and all persons appearing to be obligated on the Collateral have authority and capacity to contract and are in fact obligated obligation as they appear to be on the Collateral.

Appears in 1 contract

Samples: Commercial Security Agreement (Gynecare Inc)

Enforceability of Collateral. To the extent that the Collateral consists of investment property, accounts, chattel paper, or electronic chattel paper, general intangibles, payment intangibles, documents, instruments, promissory notes, or supporting obligations, the Collateral is enforceable in accordance with its terms, is genuine, and complies with all applicable laws concerning form, content and manner of preparation and execution, and all persons appearing to be obligated on the Collateral have authority and capacity to contract contract, and are in fact obligated as they appear to be on the Collateral.

Appears in 1 contract

Samples: Master Loan Agreement (Group 1 Automotive Inc)

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Enforceability of Collateral. To the extent the Collateral consists of accounts, contract rights, instruments, chattel paper, or general intangibles, the Collateral is enforceable in accordance with its terms, is genuine, and complies with applicable laws concerning form, content and manner of preparation and execution, and all persons appearing to be obligated on the Collateral have authority and capacity to contract and are in fact obligated as they appear to be on the Collateral.

Appears in 1 contract

Samples: Loan Agreement (Obie Media Corp)

Enforceability of Collateral. To the extent the Collateral consists of accounts, chattel paper, or general intangibles, the Collateral is enforceable in accordance with its terms, is genuine, and complies with applicable laws concerning form, content and manner of preparation and execution, and all persons appearing to be obligated on the Collateral have authority and capacity to contract and are in fact obligated as they appear to be on the Collateral.

Appears in 1 contract

Samples: Security Agreement (Whitman Education Group Inc)

Enforceability of Collateral. To the extent the Collateral consists of accounts, chattel paper, or general intangibles, the true Collateral is enforceable in accordance with its terms, is genuine, and end complies with applicable laws concerning form, content and manner of preparation and execution, and all persons appearing to be obligated on the Collateral have authority and capacity to contract and are in fact obligated as they appear to be on the Collateral.

Appears in 1 contract

Samples: Security Agreement (Obsidian Enterprises Inc)

Enforceability of Collateral. To the extent the Collateral consists of accounts, chattel paper, or general intangiblesIntangibles, the Collateral is Is enforceable in accordance with its Its terms, is Is genuine, and complies compiles with applicable laws concerning form, content and manner of preparation and execution, and all persons appearing to be obligated on the Collateral have authority and capacity to contract and are in In fact obligated as they appear to be on the Collateral.

Appears in 1 contract

Samples: Security Agreement (Boatracs Inc /Ca/)

Enforceability of Collateral. To the extent the Collateral consists of accounts, contract rights, chattel paper, or general intangibles, the Collateral is enforceable in accordance with its terms, COMMERCIAL SECURITY AGREEMENT CONTINUED is genuine, and complies with applicable laws concerning form, content and manner of preparation and execution, and all persons appearing to be obligated on the Collateral have authority and capacity to contract and are in fact obligated as they appear to be on the Collateral.

Appears in 1 contract

Samples: Security Agreement (Datawatch Corp)

Enforceability of Collateral. To the extent the Collateral consists of accounts, chattel paper, or general intangibles, the Collateral is enforceable ------------------------------------------------------------------------------- in accordance with its terms, is genuine, and complies with applicable laws concerning form, content and manner of preparation and execution, and all persons appearing to be obligated on the Collateral have authority and capacity to contract and are in fact obligated as they appear to be on the Collateral.

Appears in 1 contract

Samples: Security Agreement (Eco Soil Systems Inc)

Enforceability of Collateral. To the extent extend the Collateral consists of accounts, chattel paper, or general intangibles, the Collateral is enforceable in accordance with its terms, is genuine, and complies with applicable laws concerning form, content and manner of preparation and execution, and all persons appearing to be obligated on the Collateral have authority and capacity to contract and are in fact obligated as they appear to be on the Collateral.

Appears in 1 contract

Samples: Security Agreement (Alliance Pharmaceutical Corp)

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