Filing 20202121855
Prototype. Filings are real public records from state UCC open-data portals. Scores and MCA labels are unverified signals from public records, not findings of distress; verify before any external use.
Why this score
- Supporting: Future receivables language +20 pts Evidence: co-open-data:wffy-3uut:20202121855
Lien timeline 1 event
- · Lien filedCorporation Service Company, as Representative
Collateral, as filed
Filing 20202121855
To secure performance of Merchant's obligations hereunder and the Company's interest in the Purchased Receivables, and subject to all contractual and common law rights of, and the security interests granted in favor of, the credit card processor(s) and their member banks in or related to the Processor Agreement, Merchant grants to the Company a continuing security interest in the following: (a) all of Merchant's accounts, chattel paper, goods, inventory, equipment, instruments, reserves, reserve accounts, investment property (if any), documents, general intangibles, as such terms are defined in the UCC, as revised and in effect; (b) all Future Receivables, as herein defined; (c) all other assets and personal property of Merchant, including any funds held in Merchant's Account; and (d) all products and proceeds thereof.