A provision in an agreement that automatically collateralizes certain assets acquired after the agreement.
Related information about after-acquired collateral:
- What is after-acquired collateral? definition and meaning
Definition of after-acquired collateral: A provision in an agreement that automatically collateralizes certain assets acquired after the agreement.
- After-Acquired Collateral Definition | Investopedia
The necessity for after-acquired collateral arises when the borrower has insufficient collateral for the loan, but may be acquiring additional property in the near ...
- U.C.C. - ARTICLE 9 -§9-108.
When After-Acquired Collateral Not Security for Antecedent Debt. Where a secured party makes an advance, incurs an obligation, releases a perfected security ...
- How to Maintain Perfection and Priority When Changes Occur After ...
“after-acquired collateral”), certain rules become more complex. Whenever .... perfected on all after-acquired collateral, you will lose to any. (Continued on page ...
- ARTICLE 9. SECURED TRANSACTIONS PART 2
(a) After-acquired collateral. -- Except as otherwise provided in subsection (b), a security agreement may create or provide for a security interest in after-acquired ...
- Secured Transactions - NYBE flashcards | Quizlet
Vocabulary words for Secured Transactions - NYBE. Includes ...
- Second Generation Proceeds - Honigman Miller Schwartz and Cohn ...
The after-acquired collateral clause is a real- ity of modern commercial ffnancing. ... assets, after-acquired collateral clauses effec- tively prevent a borrower from ...
- The Treatment of Security Interests in After-Acquired Property under ...
agreement are to be secured by after-acquired collateral." The comments to section .... Although section 9-204 speaks of "after-acquired collateral" generally and ...