“Financial Assets” Election. Each of the parties hereto agrees that each item of property (whether any security, instrument, obligation, share, participation, interest or other property whatsoever but excluding cash) at any time in the Collateral Securities Account shall be treated as a “financial asset” (within the meaning of Section 8-102 of the UCC).
Appears in 2 contracts
Samples: Export Prepayment Agreement (Votorantim Pulp & Paper Inc), Collateral Account Control Agreement (Votorantim Pulp & Paper Inc)
“Financial Assets” Election. Each of the parties hereto agrees that each item of property (whether any security, instrument, obligation, share, participation, interest or other property whatsoever but excluding cash) at any time in the Collateral Securities Collection Account shall be treated as a “financial asset” (within the meaning of Section 8-102 of the UCC).
Appears in 2 contracts
Samples: Security Agreement (Gerdau Ameristeel Corp), Security Agreement (Gerdau Ameristeel Corp)
“Financial Assets” Election. Each of the parties hereto party hereby agrees that each item of property (whether any securityinvestment property, instrumentfinancial asset, obligation, share, participation, interest security or other property whatsoever but excluding instrument (each as defined in the UCC) or cash) at any time in credited to the Collateral Securities Account on or after the date of the Agreement shall be treated as a “financial asset” (within the meaning of Section NY UCC § 8-102 of the UCC102(a)(9).
Appears in 2 contracts
Samples: Account Control Agreement, Account Control Agreement
“Financial Assets” Election. Each of the parties hereto agrees that each item of property (whether any security, instrument, obligation, share, participation, interest or other property whatsoever but excluding cash) at any time in the Collateral Securities Account Accounts shall be treated as a “financial asset” (within the meaning of Section 8-102 of the UCC).
Appears in 1 contract
“Financial Assets” Election. Each of the parties hereto party hereby agrees that each item of property (whether any securityinvestment property, instrumentfinancial asset, obligation, share, participation, interest security or other property whatsoever but excluding instrument (each as defined in the UCC) or cash) at any time in credited to a Controlled Account on or after the Collateral Securities Account date of the Agreement shall be treated as a “financial asset” (within the meaning of Section UCC §8-102 of the UCC102(a)(9).
Appears in 1 contract
Samples: Account Control Agreement (GRIID Infrastructure Inc.)
