Perfection Certificates and UCC Search Results. The Bank shall have received from each Borrower a completed and fully executed Perfection Certificate and the results of Uniform Commercial Code searches with respect to the Collateral, indicating no liens other than Permitted Liens and otherwise in form and substance satisfactory to the Bank.
Appears in 1 contract
Sources: Credit Agreement (Compudyne Corp)
Perfection Certificates and UCC Search Results. The Bank shall have ---------- ------------ --- --- ------ ------- received from each Borrower a completed and fully executed Perfection Certificate and the results of Uniform Commercial Code UCC searches with respect to the CollateralCollateral owned by the Borrower, indicating no liens other than Permitted Liens and otherwise in form and substance satisfactory to the Bank.
Appears in 1 contract