North Dakota Security Agreement between Jon H. Rowberry and Franklin Covey Company

• Category: Corporations - Public - Security
• State: Multi-State
• Control #: US-EG-9055
• Format: Word; Rich Text

Description

Security Agreement between Jon H. Rowberry and Franklin Covey Company dated September 23, 1999. 3 pages The North Dakota Security Agreement between Jon H. Row berry and Franklin Covey Company is a legally binding document that outlines the terms and conditions regarding the security interests held by Franklin Covey Company over the assets owned by Jon H. Row berry in the state of North Dakota. It is designed to protect the creditor's rights and secure the repayment or satisfaction of any outstanding debts or obligations. Keywords: North Dakota, Security Agreement, Jon H. Row berry, Franklin Covey Company, assets, creditor, debts, obligations. Types of North Dakota Security Agreement between Jon H. Row berry and Franklin Covey Company: 1. General Security Agreement: This type of agreement gives Franklin Covey Company a security interest in all of Jon H. Row berry's present and future assets in North Dakota, as collateral for any debts or obligations owed to the company. It encompasses all types of assets, including cash, accounts receivable, inventory, equipment, and real property. 2. Specific Collateral Security Agreement: In certain cases, Franklin Covey Company may require a specific collateral security agreement if Jon H. Row berry has valuable assets that need to be specifically identified and secured. This agreement focuses on individual assets or types of assets and provides detailed descriptions and specifications for each item. 3. Real Estate Security Agreement: If Jon H. Row berry owns real property in North Dakota, a separate real estate security agreement may be established. This agreement grants Franklin Covey Company a security interest in the specified property, allowing the creditor to seize and sell the property to recover outstanding debts in case of default. 4. Accounts Receivable Financing Agreement: In situations where Jon H. Row berry has significant accounts receivable, this type of security agreement can be utilized. It allows Franklin Covey Company to have a security interest in the accounts receivable, thus granting them the right to collect payments directly from the debtors in case of default. 5. Intellectual Property Security Agreement: If Jon H. Row berry holds intellectual property rights such as patents, trademarks, or copyrights, this specialized security agreement provides Franklin Covey Company with a security interest in those intangible assets as collateral. By creating and executing the appropriate type of North Dakota Security Agreement, both parties can ensure their rights and obligations are clearly defined, protecting the interests of Franklin Covey Company as a creditor and securing the assets of Jon H. Row berry.

The North Dakota Security Agreement between Jon H. Row berry and Franklin Covey Company is a legally binding document that outlines the terms and conditions regarding the security interests held by Franklin Covey Company over the assets owned by Jon H. Row berry in the state of North Dakota. It is designed to protect the creditor's rights and secure the repayment or satisfaction of any outstanding debts or obligations. Keywords: North Dakota, Security Agreement, Jon H. Row berry, Franklin Covey Company, assets, creditor, debts, obligations. Types of North Dakota Security Agreement between Jon H. Row berry and Franklin Covey Company: 1. General Security Agreement: This type of agreement gives Franklin Covey Company a security interest in all of Jon H. Row berry's present and future assets in North Dakota, as collateral for any debts or obligations owed to the company. It encompasses all types of assets, including cash, accounts receivable, inventory, equipment, and real property. 2. Specific Collateral Security Agreement: In certain cases, Franklin Covey Company may require a specific collateral security agreement if Jon H. Row berry has valuable assets that need to be specifically identified and secured. This agreement focuses on individual assets or types of assets and provides detailed descriptions and specifications for each item. 3. Real Estate Security Agreement: If Jon H. Row berry owns real property in North Dakota, a separate real estate security agreement may be established. This agreement grants Franklin Covey Company a security interest in the specified property, allowing the creditor to seize and sell the property to recover outstanding debts in case of default. 4. Accounts Receivable Financing Agreement: In situations where Jon H. Row berry has significant accounts receivable, this type of security agreement can be utilized. It allows Franklin Covey Company to have a security interest in the accounts receivable, thus granting them the right to collect payments directly from the debtors in case of default. 5. Intellectual Property Security Agreement: If Jon H. Row berry holds intellectual property rights such as patents, trademarks, or copyrights, this specialized security agreement provides Franklin Covey Company with a security interest in those intangible assets as collateral. By creating and executing the appropriate type of North Dakota Security Agreement, both parties can ensure their rights and obligations are clearly defined, protecting the interests of Franklin Covey Company as a creditor and securing the assets of Jon H. Row berry.