Common use of Financial Assets Clause in Contracts

Financial Assets. The Securities Intermediary agrees with the Collateral Trustee 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 PA Uniform Commercial Code.

Appears in 5 contracts

Sources: Pledge Agreement, Credit Agreement (Consol Energy Inc), Security Agreement (Consol Energy Inc)

Financial Assets. The Securities Intermediary agrees with the Collateral Trustee 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 PA NY Uniform Commercial Code.

Appears in 2 contracts

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

Financial Assets. The Securities Intermediary agrees with the Collateral Trustee Agent 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 PA N.Y. Uniform Commercial Code.

Appears in 1 contract

Sources: Note and Warrant Purchase Agreement (Pac-West Telecomm Inc)