Common use of Financial Assets Clause in Contracts

Financial Assets. The Account Holder agrees with the Collateral Trustee and the Grantor that, to the fullest extent permitted by applicable law, all property (other than funds) credited from time to time to any Account will be treated as financial assets under Article 8 of the PA Uniform Commercial Code.

Appears in 3 contracts

Samples: Security Agreement (Consol Energy Inc), Security Agreement (Consol Energy Inc), Collateral Trust Agreement (Consol Energy Inc)

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Financial Assets. The Account Holder agrees with the Collateral Trustee and the Grantor that, to the fullest extent permitted by applicable law, all property (other than funds) credited from time to time to any Account will be treated as financial assets under Article 8 of the PA NY Uniform Commercial Code.

Appears in 2 contracts

Samples: Security Agreement (CONSOL Energy Inc), Security Agreement (CNX Gas Corp)

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