San Antonio Texas Sample Letter for UCC-3 Termination Statement

• Category: Letters - Legal - UCC
• State: Multi-State
• City: San Antonio
• 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 Address] [City, State, ZIP Code] Subject: UCC-3 Termination Statement — [Type of Termination] Dear [Recipient's Name], I hope this letter finds you well. I am writing to request the submission of a UCC-3 Termination Statement for a transaction concluded in San Antonio, Texas. As per our agreement, I would appreciate your assistance in terminating the UCC-3 statement related to [describe transaction or financing statement] in a prompt manner. San Antonio, Texas, known as the Alamo City, is a vibrant and culturally diverse city located in the heart of the Lone Star State. It is renowned for its rich history, vibrant arts scene, and mouthwatering Tex-Mex cuisine. As a thriving economic hub, San Antonio attracts numerous businesses, both nationally and internationally, making it an ideal location for various transactions. In regard to our specific transaction, I am outlining the different types of UCC-3 Termination Statements that may be applicable: 1. Full Termination: This type of termination statement is applicable when the secured party wishes to terminate the entire financing statement related to the transaction. All collateral, as identified in the original financing statement, will be released. 2. Partial Termination: When only a part of the collateral outlined in the original financing statement needs to be released, a partial termination statement is filed. This allows for the removal of specific collateral from the original UCC-1 financing statement, while leaving the rest intact. 3. Amendment Termination: In certain cases, it might be necessary to amend the original UCC-1 financing statement while simultaneously indicating the termination of a specific collateral, adding or correcting any information related to the terminated collateral. To ensure the successful termination of the UCC-3 statement, please find attached all the necessary documents and information required for completion. I kindly request that you review and prepare the appropriate UCC-3 Termination Statement, ensuring accuracy and compliance with the laws and regulations of the State of Texas. Kindly advise me of any additional requirements or fees associated with the termination process. Also, please provide an estimated timeframe for the completion of the termination statement and any subsequent confirmations. Thank you for your prompt attention to this matter. Should you have any questions or require further information, please do not hesitate to contact me at the provided phone number or email address. I look forward to receiving confirmation of the UCC-3 Termination Statement's filing and successful completion. Yours sincerely, [Your Name]

[Your Name] [Your Address] [City, State, ZIP Code] [Email Address] [Phone Number] [Date] [Recipient's Name] [Recipient's Address] [City, State, ZIP Code] Subject: UCC-3 Termination Statement — [Type of Termination] Dear [Recipient's Name], I hope this letter finds you well. I am writing to request the submission of a UCC-3 Termination Statement for a transaction concluded in San Antonio, Texas. As per our agreement, I would appreciate your assistance in terminating the UCC-3 statement related to [describe transaction or financing statement] in a prompt manner. San Antonio, Texas, known as the Alamo City, is a vibrant and culturally diverse city located in the heart of the Lone Star State. It is renowned for its rich history, vibrant arts scene, and mouthwatering Tex-Mex cuisine. As a thriving economic hub, San Antonio attracts numerous businesses, both nationally and internationally, making it an ideal location for various transactions. In regard to our specific transaction, I am outlining the different types of UCC-3 Termination Statements that may be applicable: 1. Full Termination: This type of termination statement is applicable when the secured party wishes to terminate the entire financing statement related to the transaction. All collateral, as identified in the original financing statement, will be released. 2. Partial Termination: When only a part of the collateral outlined in the original financing statement needs to be released, a partial termination statement is filed. This allows for the removal of specific collateral from the original UCC-1 financing statement, while leaving the rest intact. 3. Amendment Termination: In certain cases, it might be necessary to amend the original UCC-1 financing statement while simultaneously indicating the termination of a specific collateral, adding or correcting any information related to the terminated collateral. To ensure the successful termination of the UCC-3 statement, please find attached all the necessary documents and information required for completion. I kindly request that you review and prepare the appropriate UCC-3 Termination Statement, ensuring accuracy and compliance with the laws and regulations of the State of Texas. Kindly advise me of any additional requirements or fees associated with the termination process. Also, please provide an estimated timeframe for the completion of the termination statement and any subsequent confirmations. Thank you for your prompt attention to this matter. Should you have any questions or require further information, please do not hesitate to contact me at the provided phone number or email address. I look forward to receiving confirmation of the UCC-3 Termination Statement's filing and successful completion. Yours sincerely, [Your Name]