SECURITY INTEREST IN GOODS Sample Clauses

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SECURITY INTEREST IN GOODS. ▇▇▇▇▇▇ Gemtron retains a first priority security interest in the products delivered to Purchaser, and in their accessories, replacements, accessions, proceeds and products, including accounts receivable (collectively, the “Collateral”), to secure payment of all amounts due under this order. If Purchaser fails to pay any amount when due, ▇▇▇▇▇▇ Gemtron shall have the right to repossess and remove all or any part of the Collateral from Purchaser. Any repossession or removal shall be without prejudice to any other remedy of ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ hereunder, at law or in equity. ▇▇▇▇▇▇▇▇▇ agrees, from time to time, to take any act and execute and deliver any document (including, without limitation, financing statements) reasonably requested by ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ to transfer, create, perfect, preserve, protect and enforce this security interest.
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SECURITY INTEREST IN GOODS. The Purchaser grants a security interest to the Supplier in the Goods as security for payment of each Installment Price, for any other amounts owing by the Purchaser to the Supplier, and for the performance by the Purchaser of all the Purchaser’s other obligations to the Supplier from time to time (Buyers indebtedness and obligations). Supplier, as security for the Purchaser’s indebtedness and obligations a security interest in all of the Purchaser’s present and after-acquired property, except for property in or to which the Purchaser has rights and which have not been supplied by the Supplier to the Purchaser (other than property which is proceeds of any of that present and after-acquired property which has been supplier by the Supplier to the Purchaser).
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SECURITY INTEREST IN GOODS. You acknowledge that our interest in the Goods provided for by the transaction contemplated by this Agreement: 21.1 secures the payment of all moneys and the performance of all obligations owning or assumed by you under this Rental Agreement; and 21.2 is a Security Interest
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SECURITY INTEREST IN GOODS. The Purchaser grants a security interest to the Supplier in the Goods as security for payment of each Installment Price, for any other amounts owing by the Purchaser to the Supplier, and for the performance by the Purchaser of all the Purchaser’s other obligations to the Supplier from time to time (Buyers indebtedness and obligations).
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SECURITY INTEREST IN GOODS. You acknowledge that our interest in the Goods provided for by the transaction contemplated by this Hiring Agreement: (1) secures the payment of all moneys and the performance of all obligations owing or assumed by you under this Hiring Agreement; and (2) is a Security Interest which extends to all Proceeds of the Goods including any Third-Party Hire Agreements.
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SECURITY INTEREST IN GOODS. You acknowledge that our interest in the goods provided for by the transaction contemplated by this agreement:
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SECURITY INTEREST IN GOODS. CODAN retains and the customer hereby grants, a lien on and a security interest in the purchased Products to secure payment thereof. At our request, the customer agrees to execute and deliver to us a financing statement evidencing ▇▇▇▇▇’s security interest in the Products. The security interest granted under this section constitutes a purchase money security interest under the Uniform Commercial Code.
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Related to SECURITY INTEREST IN GOODS

  • Security Interest in Collateral The provisions of this Agreement and the other Loan Documents create legal and valid Liens on all of the Collateral in favor of the Administrative Agent, for the benefit of the Secured Parties, and such Liens constitute perfected and continuing Liens on the Collateral, securing the Secured Obligations, enforceable against the applicable Loan Party and all third parties, and having priority over all other Liens on the Collateral except in the case of (a) Permitted Encumbrances, to the extent any such Permitted Encumbrances would have priority over the Liens in favor of the Administrative Agent pursuant to any applicable law or agreement and (b) Liens perfected only by possession (including possession of any certificate of title) to the extent the Administrative Agent has not obtained or does not maintain possession of such Collateral.

  • Security Interest in the Collateral To secure the prompt payment and performance to Agent and each Lender of the Obligations, each Borrower hereby assigns, pledges and grants to Agent for its benefit and for the ratable benefit of each Lender a continuing security interest in and to and Lien on all of its Collateral, whether now owned or existing or hereafter acquired or arising and wheresoever located. Each Borrower shall ▇▇▇▇ its books and records as may be necessary or appropriate to evidence, protect and perfect Agent’s security interest and shall cause its financial statements to reflect such security interest. Each Borrower shall promptly provide Agent with written notice of all commercial tort claims, such notice to contain the case title together with the applicable court and a brief description of the claim(s). Upon delivery of each such notice, such Borrower shall be deemed to hereby grant to Agent a security interest and lien in and to such commercial tort claims and all proceeds thereof.

  • Security Interest in Financed Equipment Immediately prior to the sale, assignment and transfer thereof, each Receivable shall be secured by a validly perfected first priority security interest in the Financed Equipment in favor of CNHICA as secured party or all necessary and appropriate actions have been commenced that would result in the valid perfection of a first priority security interest in the Financed Equipment in favor of CNHICA as secured party.

  • Security Interest in Financed Vehicles Immediately prior to the transfer of the Receivables by the Depositor to the Trust, each Receivable was secured by a valid, binding and enforceable first priority perfected security interest in favor of the Seller in the related Financed Vehicle, or all necessary and appropriate actions shall have been commenced that would result in the valid perfection of a first priority security interest in favor of the Seller in the Financed Vehicle, which security interest has been validly assigned by the Seller to the Depositor pursuant to the Receivables Purchase Agreement and by the Depositor to the Trust hereunder.

  • Security Interest in Financed Vehicle Immediately prior to the sale, transfer and assignment thereof pursuant hereto and the First Step Receivables Assignment, each Receivable was secured by a validly perfected first priority security interest in the Financed Vehicle in favor of the Seller as secured party or all necessary and appropriate action had been commenced that would result in the valid perfection of a first priority security interest in the Financed Vehicle in favor of the Seller as secured party.