Financing Statements Contract Clauses (45)

Grouped Into 1 Collection of Similar Clauses From Business Contracts

This page contains Financing Statements clauses in business contracts and legal agreements. We have organized these clauses into groups of similarly worded clauses.
Financing Statements. Merchant authorizes Purchaser to file one or more UCC-1 forms consistent with the UCC to give notice that the Sold Amount of Future Receipts is the sole property of Purchaser. The UCC filing may state that such sale is intended to be a sale and not an assignment for security and may state that Merchant is prohibited from obtaining any financing that impairs the value of the Sold Amount of Future Receipts or Purchaser's right to collect same. Merchant authorizes Purchaser to debit the Approved Ba...nk Account for all costs incurred by Purchaser associated with the filing, amendment or termination of any UCC filings. View More
Found in SHARING SERVICES GLOBAL Corp contract
Financing Statements. Merchant authorizes Purchaser to file one or more UCC-1 forms consistent with the UCC to give notice that the Amount Sold Amount of Future Receipts is the sole property of Purchaser. The UCC filing may state that such sale is intended to be a sale and not an assignment for security and may state that Merchant is prohibited from obtaining any financing that impairs the value of the Amount Sold Amount of Future Receipts or Purchaser's right ability to collect same. Merchant authorizes Purchaser to... debit the Approved Bank Account or Lockbox Account, as applicable, for all costs incurred by Purchaser associated with the filing, amendment or termination of any UCC filings. View More
Found in SUPERCONDUCTOR TECHNOLOGIES INC contract
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