Common use of Marking of Chattel Paper Clause in Contracts

Marking of Chattel Paper. No Grantor will create any Chattel Paper without placing a legend on the Chattel Paper acceptable to the Bank indicating that the Bank has a security interest in the Chattel Paper.

Appears in 1 contract

Samples: Credit Agreement (Bassett Furniture Industries Inc)

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Marking of Chattel Paper. No Grantor The Borrower will not create any Chattel Paper without placing a legend on the Chattel Paper paper acceptable to the Bank Lender indicating that the Bank Lender has a security interest in the Chattel Paper.

Appears in 1 contract

Samples: Collateral Security Agreement (Singing Machine Co Inc)

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Marking of Chattel Paper. No Grantor will Borrowers shall not create any Chattel Paper without placing a legend on of the Chattel Paper acceptable to the Bank indicating that the Bank has a security interest in the Chattel Paper.

Appears in 1 contract

Samples: Loan and Security Agreement (Innotrac Corp)

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