“Financial Assets” Election. All parties hereto agree that each item of Investment Property and all other property held in or credited to any Designated Account (the “Account Property”) shall be treated as a “financial asset” within the meaning of Section 8-102(a)(9) of the UCC.
Appears in 4 contracts
Samples: Control Agreement (Wendy's Co), Security Agreement (Wendy's/Arby's Group, Inc.), Security Agreement (Wendy's/Arby's Restaurants, LLC)
“Financial Assets” Election. All parties hereto agree that each item of Investment Property and all other property held in or credited to any Designated Account (the “"Account Property”") shall be treated as a “"financial asset” " within the meaning of Section 8-102(a)(9) of the UCC.
Appears in 3 contracts
Samples: Security Agreement (LNT Leasing II, LLC), Security Agreement (LNT Leasing II, LLC), Security Agreement (Emergency Medical Services CORP)
“Financial Assets” Election. All The parties hereto agree that each item of Investment Property and all property (whether investment property, financial asset, security, instrument, cash or other property held in or property) credited to any Designated the Account (the “Account Property”) shall will be treated as a “financial asset” within the meaning of Section Sections 8-102(a)(9) and 8-103 of the UCC.
Appears in 1 contract
Samples: Securities Account Control Agreement