Amendments to UCC Financing Statements Clause Samples

The Amendments to UCC Financing Statements clause outlines the procedures and requirements for making changes to previously filed Uniform Commercial Code (UCC) financing statements. This clause typically specifies who has the authority to file amendments, the types of changes that can be made—such as correcting errors, updating debtor information, or adding collateral—and the process for notifying relevant parties. Its core practical function is to ensure that the public record accurately reflects the current terms of the secured transaction, thereby maintaining the integrity of the security interest and preventing disputes or confusion regarding the parties’ rights.
Amendments to UCC Financing Statements. The Agent is hereby authorized and directed to file amendments, in form and substance as reasonably determined by the Agent, regarding (a) the UCC Financing Statement naming the Lessee, as debtor, and the Agent, as secured party, filed with the Office of the Ohio Secretary of State, with a filing date of December 4, 2017 and a file number of OH00217103483, to conform with the modifications made pursuant to this Amendment and (b) the UCC Financing Statement naming the Lessee, as debtor, and the Agent, as secured party, filed with the Office of the Clerk for San Bernardino County, California, with a filing date of December 5, 2017 and a file number of 2017‑0514988, to conform with the modifications made pursuant to this Amendment.
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Amendments to UCC Financing Statements. On or after the Settlement Technical Closing Date, the Crown Parties hereby authorize the T-Mobile Parties, at their own cost and expense, to file amendments to the UCC financing statements listed on Schedule B hereto to amend and restated the collateral description to read as set forth on Schedule B hereto.
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Related to Amendments to UCC Financing Statements

  • UCC Financing Statements Such UCC financing statements necessary or appropriate to perfect the security interests in the personal property collateral, as determined by the Collateral Agent.

  • Financing Statements Subject to the Standard Qualifications, each Mortgage Loan or related security agreement establishes a valid security interest in, and a UCC-1 financing statement has been filed and/or recorded (or, in the case of fixtures, the Mortgage constitutes a fixture filing) in all places necessary at the time of the origination of the Mortgage Loan (or, if not filed and/or recorded, has submitted or caused to be submitted in proper form for filing and/or recording) to perfect a valid security interest in, the personal property (creation and perfection of which is governed by the UCC) owned by the Mortgagor and necessary to operate such Mortgaged Property in its current use other than (1) non-material personal property, (2) personal property subject to purchase money security interests and (3) personal property that is leased equipment. Each UCC-1 financing statement, if any, filed with respect to personal property constituting a part of the related Mortgaged Property and each UCC-3 assignment, if any, filed with respect to such financing statement was in suitable form for filing in the filing office in which such financing statement was filed. Notwithstanding anything herein to the contrary, no representation is made as to the perfection of any security interest in rents or other personal property to the extent that possession or control of such items or actions other than the filing of Uniform Commercial Code financing statements is required to effect such perfection.

  • Financing Statements, Etc The Grantor hereby authorizes the Secured Party to file (with a copy thereof to be provided to the Grantor contemporaneously therewith), at any time and from time to time thereafter, all financing statements, financing statement assignments, continuation financing statements, and UCC filings, in form reasonably satisfactory to the Secured Party. The Grantor shall execute and deliver and shall take all other action, as the Secured Party may reasonably request, to perfect and continue perfected, maintain the priority of or provide notice of the security interest of the Secured Party in the Collateral (subject to the terms hereof) and to accomplish the purposes of this Agreement. Without limiting the generality of the foregoing, the Grantor ratifies and authorizes the filing by the Secured Party of any financing statements filed prior to the date hereof that accomplish the purposes of this Agreement.

  • No Financing Statements No financing statement describing all or any portion of the Collateral which has not lapsed or been terminated naming the Debtor as debtor has been filed in any jurisdiction except (i) financing statements naming the Agent on behalf of the Lenders as the secured party and (ii) on financing statements reflecting liens permitted by the Credit Agreement.

  • Absence of UCC Financing Statements, Etc Except with respect to the Mortgage Loan Documents and the Loan Documents, there is no financing statement, security agreement, chattel mortgage, real estate mortgage or other document filed or recorded with any filing records, registry, or other public office, that purports to cover, affect or give notice of any present or possible future lien on, or security interest or security title in the interest in the Premises or any of the Collateral.