Types of Collateral. If the Collateral that is subject to this Agreement is described in the “Collateral (including particulars to appear in financing statement)” section of this Agreement by reference to: (a) the collateral type “All present and after acquired property”; or (b) the collateral type “All present and after acquitted property, except –“; or (c) a type of property, rather than to a specific item of property, the security interest in that Collateral created by this Agreement will apply to all property of that type that is at that time or subsequently owned by the Customer, or in respect of which the Customer has rights, except to the extent that the CCCFA requires that no security interest may be granted in such property or any part of such property or to the extent that the Secured Party from time to time agrees.
Appears in 3 contracts
Sources: Security Agreement, Security Agreement, Security Agreement