Delaware Financing Statements definition
Examples of Delaware Financing Statements in a sentence
The Delaware Financing Statements are in an appropriate form for filing in the State of Delaware under Section 9-502(a) and 9-516 of the Delaware UCC.
Assuming that the collateral described in the Delaware Financing Statements is Rate Stabilization Bond Collateral pursuant to the Indenture, then insofar as Section 9-509 of the NY UCC is applicable, the Indenture Trustee is authorized to file the Delaware Financing Statements.
Upon the proper filing of the Delaware Financing Statements in the office of the Secretary of State of the State of Delaware, together with the payment of any required filing fees, the security interest and lien in favor of the Collateral Agent, for the ratable benefit of itself, the Trustee and the holders of the Notes will be perfected to the extent a security interest in the applicable Collateral pledged by the Opinion Parties may be perfected by filing a financing statement under the DE UCC.
Upon the proper filing of the Delaware Financing Statements in the Delaware Filing Office, the Article 9 Security Interest granted by the Parent, the Issuers and the Guarantors, as applicable, in that portion of the Collateral in which a security interest may be perfected by the filing of a financing statement under the Uniform Commercial Code of the State of Delaware will be perfected.
Upon the effective filing of the Delaware Financing Statements (as defined on Annex IV hereto) with the Delaware Filing Office, the Collateral Agent will have, for the benefit of the Secured Parties, a perfected security interest in that portion of the Article 9 Collateral described therein in which a security interest may be perfected by filing a financing statement with the Delaware Filing Office under the Delaware UCC.
The filings of the Delaware Financing Statements with the Secretary of State of the State of Delaware are the only filings under the Delaware UCC necessary to perfect the security interests created by the Security Agreement as to the Collateral thereunder as to which perfection of such security interests is accomplished by the filing of a UCC Financing Statement.
Upon the effective filing of the Delaware Financing Statements with the Secretary of State of Delaware (the "Delaware Filing Office"), the Agent will have, for the benefit of the Agent and the Lenders, a perfected security interest in that portion of the Article 9 Collateral described therein in which a security interest may be perfected by filing a financing statement with the Delaware Filing Office under the Delaware UCC (the "Delaware Filing Collateral").