SOS Report definition

SOS Report means any official report from the Secretary of State of any Collateral State, Chief Executive Office State, Credit Party State or other applicable federal, state, local or foreign government office identifying current security interests and Liens filed on or against all or any part of the Collateral and Liens of record on all or any part of the Collateral as of the date of such report.
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SOS Report shall have the meaning provided in Section 2.3.
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SOS Report means a report with respect information on file at the office of a Secretary of State concerning security interest related filings made pursuant to the Code.
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Examples of SOS Report in a sentence

  • If Bank shall receive at any time following the Closing Date an SOS Report indicating that except for Permitted Liens, Bank's security interest in the Collateral is not prior to all other security interests or Liens of record reflected in the report and any such Lien is not discharged within five days of Bank's notice to any Borrower of such Lien.

  • If Bank shall receive at any time following the Closing Date an SOS Report indicating that except for Permitted Liens, Bank’s Lien on the Collateral is not prior to all other security interests or Liens of record reflected in the report, unless Bank’s Lien on such collateral was not timely or properly perfected by Bank.

  • If Agent shall receive at any time following the Closing Date an SOS Report indicating that Agent’s security interest in the Collateral is not prior to all other security interests or Liens of record reflected in the report other than as a result of Agent’s failure to file or maintain its Lien or Liens securing Permitted Indebtedness that is allowed to be prior to Agent’s security interest.

  • If Bank shall receive at any time following the Closing Date an SOS Report indicating that except for Permitted Liens, Bank’s security interest in the Collateral is not prior to all other security interests or Liens of record reflected in the report.

  • Secured Party shall receive at any time following the Closing an SOS Report indicating that Secured Party’s security interest is not prior to all other security interests or other interests reflected in the report.

  • The results of the annual State of the System (SOS) Report, prepared annually to meet the requirements of the Congestion Management System adopted in 1997.

  • Secured Party shall receive at any time following the Closing an SOS Report indicating that Secured Party’s security interest is not prior to all other security interests or other interests reflected in the report except that security interest held by WAA, LLC in the WAA Collateral.

  • If Agent shall receive at any time following the Closing Date an SOS Report indicating that Agent’s security interest in the Collateral is not prior to all other security interests or Liens of record reflected in the report other than as a result of Agent’s failure to file or maintain its Lien or Permitted Liens securing Permitted Indebtedness or other obligations that is permitted hereunder to be prior to Agent’s security interest pursuant to Section 4.1.

  • Each such SOS Report shall be obtained at the cost and expense of Debtor, and in the event the Secured Party obtains any such report, the Debtor shall reimburse the Secured Party on demand for the cost and expense thereof.

  • Secured Party shall receive at any time following the Closing an SOS Report indicating that Secured Party’s security interest is not prior to all other security interests or other interests reflected in the report, other than the existing security interests as provided under the Mapleridge Security Agreement.