Common use of Failure to Register Clause in Contracts

Failure to Register. Failure of the issuer, transfer agent, mutual fund company, or broker, as the case may be, to furnish a written statement to Lender recording Lender’s security interest to the security, or the identification of any adverse claim that may interfere with Lender’s security interest in the Collateral.

Appears in 1 contract

Sources: Commercial Security Agreement (Jones Soda Co)

Failure to Register. Failure of the issuer, transfer agent, mutual fund company, or broker, as the case may be, to furnish a written statement to Lender recording Lender’s 's security interest to the security, or the identification of any adverse claim that may interfere with Lender’s 's security interest in the Collateral.

Appears in 1 contract

Sources: Commercial Pledge and Security Agreement (Bj Chicago LLC)