Examples of UCC Filing Collateral in a sentence
The following paragraphs are sample forms of UCC security interest and perfection opinions, provided in addition to those set forth in the Illustrative Form of Opinion: ( ) The Security Agreement is sufficient to create a security interest in favor of the Lender in the Borrower’s right, title and interest in the UCC Filing Collateral described in the Security Agreement.
With respect to that portion of the Collateral as to which the filing of a financing statement is a permissible method of perfection (the "UCC Filing Collateral"), the security interest in favor of the Collateral Agent for the benefit of the Secured Parties in that portion of the UCC Filing Collateral which is described in the Financing Statements will be perfected upon filing of the Financing Statements in the Filing Office.
With respect to that portion of the Article 9 Collateral as to which the filing of a financing statement is a permissible method of perfection (the "UCC Filing Collateral"), the security interest in favor of the Collateral Agent for the benefit of the Bank Creditors in that portion of the UCC Filing Collateral which is described in the Financing Statement will be perfected upon filing of the Financing Statement in the Filing Office.