Common use of Filing Receipts Clause in Contracts

Filing Receipts. The Agent shall have received executed financing statements (Form UCC-1), on or prior to the Closing Date, naming the Borrower as debtor and the Agent for the benefit of the Agent and the Banks as the secured party, in form and substance satisfactory to the Agent.

Appears in 2 contracts

Sources: Credit Agreement (Freemarkets Inc), Revolving Credit Agreement (Freemarkets Inc)