Common use of Financial Assets Clause in Contracts

Financial Assets. The Securities Intermediary agrees with the Secured Party and the Grantor that, to the fullest extent permitted by applicable law, all property credited from time to time to the Account will be treated as financial assets under Article 8 of the N.Y. Uniform Commercial Code.

Appears in 12 contracts

Samples: Credit Agreement (Del Monte Foods Co), Guarantee and Collateral Agreement (Accuride Corp), Security Agreement (Del Monte Foods Co)

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Financial Assets. The Securities Intermediary agrees with [the Control Agent,] the Secured Party and the Grantor that, to the fullest extent permitted by applicable law, all property credited from time to time to the Account will be treated as financial assets under Article 8 of the N.Y. Uniform Commercial Code.

Appears in 6 contracts

Samples: Security Agreement (Dynegy Inc /Il/), Security Agreement (Consol Energy Inc), Non Shared Security Agreement (Dynegy Inc /Il/)

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Financial Assets. The Securities Intermediary agrees with the Secured Party and the Grantor that, to the fullest extent permitted by applicable law, all property credited from time to time to the Account will shall be treated as financial assets under Article 8 of the N.Y. Uniform Commercial Code.

Appears in 3 contracts

Samples: Security Agreement (Itc Deltacom Inc), Security Agreement (Itc Deltacom Inc), Security Agreement (Itc Deltacom Inc)

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