UCC-11 Search definition

UCC-11 Search means that certain UCC-11 search which is attached as Exhibit E(2) to the Agreement.
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UCC-11 Search means a search of the records of the Florida Secretary of State evidencing any UCC filings against the Borrower, which UCC-11 Search shall be current as of the recording of the Mortgage.
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Examples of UCC-11 Search in a sentence

  • Buyer agrees to accept the Title Commitment attached hereto as Exhibit L (the “Title Commitment”) and the UCC-11 Search attached hereto as Exhibit M (the “UCC Search”) as evidence of the status of the Partnership’s title to the Property as of the dates set forth therein and for purposes of defining Permitted Encumbrances.

  • Buyer agrees to accept the Title Commitment attached hereto as Exhibit E(1) and the UCC-11 Search attached hereto as Exhibit E(2) as evidence of the status of the ACBR Entities’ title to the Land.

  • The Title Commitment and UCC-11 Search shall be updated at or shortly before Closing.

  • Buyer agrees to accept title to the Property subject to (i) all matters shown by the Title Commitment and the UCC-11 Search (except for those mortgages and UCC filings in favor of ▇▇▇▇▇ Fargo Bank, National Association, as agent), and (ii) Permitted Encumbrances (clauses (i) and (ii), the “Title Matters”).

  • Section 12.1 Title Commitment and UCC-11 Search Section 12.2 Defects.

  • Failure to notify Seller within the specified period of title defects revealed by the updated Title Commitment or UCC-11 Search shall be deemed a waiver of Buyer’s right to disapprove of the status of Seller’s title, and Buyer shall then accept such title as is described in the Title Commitment and UCC-11 Search (except with respect to all exceptions that have been marked-out and all objections that have been noted therein) as updated, without reserving any claim against Seller for title defects.

  • Title defects will not be deemed to include any matters shown by the Title Commitment or UCC-11 Search attached hereto as Exhibit J, except with respect to the exceptions that have been marked-out and the objections and other matters that have been noted therein.

  • Title defects will not be deemed to include any matters shown by the Title Commitment or UCC-11 Search attached to this Agreement.

  • Failure to notify Seller within the specified period of title defects revealed by the updated Title Commitment or UCC-11 Search shall be deemed a waiver of Buyer’s right to disapprove of the status of Seller’s title, and Buyer shall then accept such title as is described in the Title Commitment and UCC-11 Search, as updated, without reserving any claim against Seller for title defects.

  • UCC-11 Search Reports with respect to the Pizza Hut Cooperative and Unified from the Clerk of Jefferson County, the Secretary of State of Kentucky and each other appropriate public office.