Secured party of record definition

Secured party of record means the secured party whose name is indicated as the name of the secured party in the files of the department or, if the files indicate more than one secured party, the one first indicated.
Secured party of record means, with respect to a financing statement, a person whose name is provided as the name of a secured party or a representative of the secured party in an initial financing statement that has been filed. If an initial financing statement is filed under 2000 Iowa Acts, chapter 1149, section 85, subsection 1, the assignee named in the initial financing statement is the secured party of record with respect to the financing statement. If an amendment of a financing statement which provides the name of a person as a secured party or a representative of a secured party is filed, the person named in the amendment is a secured party of record. If an amendment is filed under 2000 Iowa Acts, chapter 1149, section 85, subsection 2, the assignee named in the amendment is a secured party of record. A person remains a secured party of record until the filing of an amendment of the financing statement which deletes the person.
Secured party of record means the secured party whose

Examples of Secured party of record in a sentence

  • A continuation statement that is not filed within the six-month period prescribed by section 554.9515, subsection 4, is ineffective.2000 Acts, ch 1149, §81, 187 554.9511 Secured party of record.1. Secured party of record.

  • A continuation statement that is not filed within the six-month period prescribed by section 336.9-515(d) is ineffective.History: 2000 c 399 art 1 s 81‌336.9-511 SECURED PARTY OF RECORD.(a) Secured party of record.


More Definitions of Secured party of record

Secured party of record means the secured party whose name is indicated as the name of the
Secured party of record means the secured party whose name is provided
Secured party of record means, with respect to a financing statement, a person whose name is provided as the name of a secured party or a representative of the secured party in an initial financing statement that has been filed. If an initial financing statement is filed under 2000 Iowa Acts, chapter 1149, section 85, subsection 1, the assignee named in the initial financing statement is the secured party of record with respect to the financing statement. If an amendment of a financing statement which provides
Secured party of record means the secured
Secured party of record means, with respect to a financing statement, an individual or organization whose name is provided as the name of a secured party or a representative of the secured party in an initial financing statement that has been filed. If an initial financing statement is filed in accordance with R.I. Gen. Laws § 6A-9-514(a), the assignee named in the initial financing statement is the secured party of record with respect to the financing statement. If an amendment of a financing statement which provides the name of an individual or organization as a secured party or a representative of a secured party is filed under R.I. Gen. Laws § 6A-9-514(b), the assignee named in the amendment is a secured party of record. A secured party of record includes an individual or organization who has been a secured party of record where an amendment has been filed purporting to delete them as a secured party of record.
Secured party of record. (under and in accordance with Article 9 of the Uniform Commercial Code) with respect to the Credit Agreement and other Loan Documents. On and after the Effective Date hereof, the Resigning Security Agent shall no longer be a “Secured Party of Record” with respect to any financing statements filed or to be filed in connection with the Credit Agreement and other Loan Documents. Each of the parties hereto agrees to execute, deliver and/or file all documents, agreements, assignments or instruments (including affidavits and notices) necessary or advisable to (i) evidence the appointment of Successor Security Agent as the successor Security Agent and/or (ii) continue the validity and perfection of security interests granted under the Loan Documents, in each upon the request of the Successor Security Agent in writing. 2.3
Secured party of record with respect to any financing statements filed or to be filed in connection with the Credit Agreement and other Loan Documents. Each of the parties hereto agrees to execute, deliver and/or file all documents, agreements, assignments or instruments (including affidavits and notices) necessary or advisable to (i) evidence the appointment of Successor Security Agent as the successor Security Agent and/or (ii) continue the validity and perfection of security interests granted under the Loan Documents, in each upon the request of the Successor Security Agent in writing. 2.3