UCC Section 8. To the extent any of the Pledged Collateral constitutes an “uncertificated security” (as defined in Section 8-102(a)(18) of the UCC), each Grantor shall cause the issuer thereof to acknowledge to the Lender the registration on the books of such issuer of the pledge and security interest hereby created in the manner required by Section 8-301(b) of the UCC.
Appears in 2 contracts
Sources: Guaranty and Security Agreement (Imation Corp), Stock Purchase Agreement (Imation Corp)