Common use of No Instruments Clause in Contracts

No Instruments. The Debtor will take no action to cause any Receivable to be evidenced by any instrument (as defined in the UCC as in effect in the Relevant UCC State).

Appears in 2 contracts

Sources: Security Agreement (Union Acceptance Corp), Security Agreement (First Investors Financial Services Group Inc)

No Instruments. The Debtor will take no action to cause any Receivable to be evidenced by any instrument (as defined in the UCC as in effect in the Relevant UCC StateUCC).

Appears in 1 contract

Sources: Security Agreement (First Investors Financial Services Group Inc)

No Instruments. The Debtor will take no action to cause any Receivable to be evidenced by any instrument (as defined in the UCC as in effect in the Relevant UCC StateUCC).

Appears in 1 contract

Sources: Note Purchase Agreement (Firstcity Financial Corp)