Houston Texas Sample Letter for UCC-3 Termination Statement

• Category: Letters - Legal - UCC
• State: Multi-State
• City: Houston
• Control #: US-0186LTR
• Format: Word; Rich Text

Description

This form is a sample letter in Word format covering the subject matter of the title of the form. [Your Name] [Your Address] [City, State, ZIP Code] [Email Address] [Phone Number] [Date] [Recipient's Name] [Recipient's Position] [Company Name] [Company Address] [City, State, ZIP Code] Subject: UCC-3 Termination Statement — [Account/Borrower Name & Account Number] Dear [Recipient's Name], I hope this letter finds you well. I am writing to request a UCC-3 Termination Statement in regard to the termination of a specific UCC-1 financing statement that was previously filed. The details of the termination are as follows: Account/Borrower Name: [Name of Borrower] Account Number: [Account Number] Date of Original UCC-1 Filing: [Date of Original Filing] This request for termination is due to the complete satisfaction of the obligations secured by the UCC-1 financing statement. We have fulfilled all the terms and conditions mentioned in the underlying financing agreement, and all outstanding amounts have been successfully repaid and settled in full as per the original agreement. To ensure compliance with the UCC's requirements, we kindly request that you prepare the UCC-3 Termination Statement on behalf of our business. A copy of the original UCC-1 financing statement is enclosed for your reference and ease of preparation. It is essential that the UCC-3 Termination Statement is properly executed, indicating that the lien created by the UCC-1 financing statement is terminated and released fully. Please ensure that all necessary boxes are completed accurately, including termination of the debtor's name, secured party's name, and any other relevant fields. Additionally, please provide us with a copy of the UCC-3 Termination Statement once it has been filed. This will serve as confirmation that the termination has been duly recorded and will help us update our records accordingly. If there are any fees associated with the preparation and filing of the UCC-3 Termination Statement, please inform us promptly. We will make arrangements for payment to ensure a smooth and timely termination process. Thank you for your prompt attention to this matter. If you have any questions or require any further information, please do not hesitate to contact me at [Your Phone Number] or [Your Email Address]. We greatly appreciate your cooperation and assistance. Yours sincerely, [Your Name]

[Your Name] [Your Address] [City, State, ZIP Code] [Email Address] [Phone Number] [Date] [Recipient's Name] [Recipient's Position] [Company Name] [Company Address] [City, State, ZIP Code] Subject: UCC-3 Termination Statement — [Account/Borrower Name & Account Number] Dear [Recipient's Name], I hope this letter finds you well. I am writing to request a UCC-3 Termination Statement in regard to the termination of a specific UCC-1 financing statement that was previously filed. The details of the termination are as follows: Account/Borrower Name: [Name of Borrower] Account Number: [Account Number] Date of Original UCC-1 Filing: [Date of Original Filing] This request for termination is due to the complete satisfaction of the obligations secured by the UCC-1 financing statement. We have fulfilled all the terms and conditions mentioned in the underlying financing agreement, and all outstanding amounts have been successfully repaid and settled in full as per the original agreement. To ensure compliance with the UCC's requirements, we kindly request that you prepare the UCC-3 Termination Statement on behalf of our business. A copy of the original UCC-1 financing statement is enclosed for your reference and ease of preparation. It is essential that the UCC-3 Termination Statement is properly executed, indicating that the lien created by the UCC-1 financing statement is terminated and released fully. Please ensure that all necessary boxes are completed accurately, including termination of the debtor's name, secured party's name, and any other relevant fields. Additionally, please provide us with a copy of the UCC-3 Termination Statement once it has been filed. This will serve as confirmation that the termination has been duly recorded and will help us update our records accordingly. If there are any fees associated with the preparation and filing of the UCC-3 Termination Statement, please inform us promptly. We will make arrangements for payment to ensure a smooth and timely termination process. Thank you for your prompt attention to this matter. If you have any questions or require any further information, please do not hesitate to contact me at [Your Phone Number] or [Your Email Address]. We greatly appreciate your cooperation and assistance. Yours sincerely, [Your Name]