Sentence examples for creating a security interest from inspiring English sources
A similar contract creating a security interest in the cargo is called a respondentia.
9 The language "person creating a security interest" is used in lieu of the term "debtor" in this provision to avoid any confusion.
The word "debtor" has two meanings in the Uniform Commercial Code and the expression "person creating a security interest" provides clarity with respect to who is covered by this section.
Does the "subordination agreement" create a security interest (a) against the Poultry Company (the common debtor)?
As noted earlier, when creating a security protocol, simple ways to increase data security should be considered first.
Security agreement" (§9-105 §9-105eans an agreemeanswhich creanes or provides for agreementy interest". which the letter of November 1, 1956 sufficreatesIn re Dorge-Freedman providesCompany, supra p. 1458.
According to the intention of the parties, such a transfer may pass ownership in the stored goods or create other rights, such as a security interest, in them.
Except with respect to security interests marked on the books of a Federal Reserve Bank, TRADES does not address how a security interest in a Treasury book-entry security is created or what law governs the creation of a security interest.
Section 357.10(a) does provide the law applicable for how a security interest in Treasury book-entry securities is perfected, the priority of such interest and, if § 357.12 c)(1) is applicable, how such security interest is created.
However, this creates a security risk.
