Secured Transactions in Personal Property |
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Page 151
... clause and a future advances clause in BWAC's security agreements converted its purchase money security interest ( PMSI ) into an ordinary security interest . The district court held that inclusion of after - acquired property and ...
... clause and a future advances clause in BWAC's security agreements converted its purchase money security interest ( PMSI ) into an ordinary security interest . The district court held that inclusion of after - acquired property and ...
Page 152
... clauses does not void a PMSI . In re Griffin , 9 B.R. 880 ( Bankr.N.D.Ga.1981 ) ( when creditor is seller , mere existence of unexercised future advances clause does not destroy PMSI ) ; Mid - Atlantic Flange ( same ) . We need not ...
... clauses does not void a PMSI . In re Griffin , 9 B.R. 880 ( Bankr.N.D.Ga.1981 ) ( when creditor is seller , mere existence of unexercised future advances clause does not destroy PMSI ) ; Mid - Atlantic Flange ( same ) . We need not ...
Page 283
... clause " is enforceable in this contract . Deere's brief refers to this clause as an " anti - waiver " clause but we will refer to it as a " non - waiver " clause . See Lewis v . National City Bank , 814 F.Supp . 696 , 699 ( N.D.Ill ...
... clause " is enforceable in this contract . Deere's brief refers to this clause as an " anti - waiver " clause but we will refer to it as a " non - waiver " clause . See Lewis v . National City Bank , 814 F.Supp . 696 , 699 ( N.D.Ill ...
Contents
TABLE OF CASES | xxi |
Attachment and Perfection of Security Inter | 1 |
B Introduction to Article 9 | 12 |
Copyright | |
33 other sections not shown
Common terms and phrases
account debtor accounts receivable acquired after-acquired property agree amount apply Article 9 assets assignment Bank's Bankruptcy Code bankruptcy court beneficiary Blue Quail Borrower buyer cash certificate of title chattel paper clause collateral commercially reasonable consignment contract Copyright Corp corporation debt default deposit accounts determine district court documents draft equipment equity F.Supp fact federal filed a financing filing office filing system financing statement fixtures foreclosure funds granted guarantor insolvent intangibles inventory issue issuer lease lender lessee letter of credit loan ment money security interest mortgage National Bank notice obligation paid payment perfected security interest personal property possession prior priority proceeds provides purchase money security record repossession Revised Article rule Section secured creditor secured party Secured Transactions security agreement seller selling sold statute subrogation tion trade name trustee in bankruptcy Uniform Commercial Code unsecured