IBM reserves. a purchase money security interest in Products purchased under this Agreement in the amount of the price and in Buyer's proceeds from the same, including, without limitation, accounts receivable. Purchase money security interests will be satisfied by payment in full. Buyer agrees to execute UCC-1 financing statements or other appropriate documents to be filed in order to perfect IBM's security interest.
Appears in 3 contracts
Sources: Agreement for Asic Design and Purchase of Products (Juniper Networks Inc), Agreement for Asic Design and Purchase of Products (Juniper Networks Inc), Agreement for Asic Design and Purchase of Products (Rainbow Technologies Inc)