Common use of Uniform Commercial Code Financing Statements Clause in Contracts

Uniform Commercial Code Financing Statements. Borrower shall execute the following Uniform Commercial Code Financing Statements in order to perfect a security interest in favor of Lender, in and to the Collateral, and to evidence a first and perfected lien with respect to such Collateral: (i) Uniform Commercial Code Financing Statement Form UCC-1 to be filed in the state of Nevada; and (ii) Uniform Commercial Code Financing Statement Form UCC-1 to be filed in the state of Ohio.

Appears in 1 contract

Sources: Line of Credit Loan Agreement (Paul Son Gaming Corp)

Uniform Commercial Code Financing Statements. Borrower Guarantor shall execute the following Uniform Commercial Code Financing Statements in order to perfect a security interest in favor of Lender, in and to the Pledge Collateral, and to evidence a first and perfected lien with respect to such Pledge Collateral: (i) : - Uniform Commercial Code Financing Statement Form UCC-1 to be filed in the state of Nevada; and (ii) and - Uniform Commercial Code Financing Statement Form UCC-1 to be filed in the state of Ohio.

Appears in 1 contract

Sources: Line of Credit Loan Agreement (Paul Son Gaming Corp)