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.
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Samples: Credit Agreement (Bassett Furniture Industries Inc)
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)
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