Oakland Michigan Security Agreement between Jon H. Rowberry and Franklin Covey Company

• Category: Corporations - Public - Security
• State: Multi-State
• County: Oakland
• 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 Oakland Michigan Security Agreement is a legal document that outlines the terms and conditions of a security arrangement between Jon H. Row berry and Franklin Covey Company in Oakland, Michigan. This agreement is designed to protect the rights and interests of both parties involved in a business transaction or loan agreement. The keywords "Oakland Michigan Security Agreement" signify that this legal document pertains specifically to agreements made within the jurisdiction of Oakland, Michigan. It implies that the agreements discussed within this document adhere to the laws and regulations specific to this region. Jon H. Row berry, as one party to the agreement, is likely a borrower or a party seeking financial assistance or entering into a business transaction with Franklin Covey Company. Franklin Covey Company, on the other hand, usually represents the lending institution or the party providing financial support or resources. The Oakland Michigan Security Agreement serves multiple purposes: 1. Collateral: This agreement may outline specific assets, properties, or accounts that Jon H. Row berry pledges as collateral for the loan or transaction. These assets serve as security or guarantees to protect Franklin Covey Company's interests in the event of non-payment or breach of the agreement. 2. Terms and Conditions: The agreement defines various terms and conditions, including the duration of the agreement, interest rates, payment schedules, and any penalties or fees associated with defaults or late payments. It may also detail remedies or courses of action in the case of non-compliance by either party. 3. Governing Laws: The Oakland Michigan Security Agreement clearly states the governing laws and jurisdiction under which the agreement falls. It ensures that any disputes or legal issues arising from the agreement will be resolved in accordance with the laws of Oakland, Michigan. While there may be several types of Oakland Michigan Security Agreements between Jon H. Row berry and Franklin Covey Company, these could include: 1. Mortgage Security Agreement: If Jon H. Row berry pledges real estate or property as collateral, this agreement would specify the terms and conditions regarding the mortgage as security for the loan or transaction. 2. Accounts Receivable Security Agreement: In cases where Jon H. Row berry pledges their accounts receivable or future income as collateral, this agreement would outline the specifics related to these assets. 3. Chattel Security Agreement: If movable assets, such as equipment, vehicles, or inventory, are offered as collateral, this agreement would govern the terms of that security arrangement. 4. General Security Agreement: This type of security agreement may encompass various types of assets, including real estate, accounts receivable, and movable collateral, providing a comprehensive security arrangement between the parties. It is important to note that the specific terms, conditions, and types of Oakland Michigan Security Agreements may vary depending on the nature of the transaction, the amount involved, and the requirements set forth by both Jon H. Row berry and Franklin Covey Company.

The Oakland Michigan Security Agreement is a legal document that outlines the terms and conditions of a security arrangement between Jon H. Row berry and Franklin Covey Company in Oakland, Michigan. This agreement is designed to protect the rights and interests of both parties involved in a business transaction or loan agreement. The keywords "Oakland Michigan Security Agreement" signify that this legal document pertains specifically to agreements made within the jurisdiction of Oakland, Michigan. It implies that the agreements discussed within this document adhere to the laws and regulations specific to this region. Jon H. Row berry, as one party to the agreement, is likely a borrower or a party seeking financial assistance or entering into a business transaction with Franklin Covey Company. Franklin Covey Company, on the other hand, usually represents the lending institution or the party providing financial support or resources. The Oakland Michigan Security Agreement serves multiple purposes: 1. Collateral: This agreement may outline specific assets, properties, or accounts that Jon H. Row berry pledges as collateral for the loan or transaction. These assets serve as security or guarantees to protect Franklin Covey Company's interests in the event of non-payment or breach of the agreement. 2. Terms and Conditions: The agreement defines various terms and conditions, including the duration of the agreement, interest rates, payment schedules, and any penalties or fees associated with defaults or late payments. It may also detail remedies or courses of action in the case of non-compliance by either party. 3. Governing Laws: The Oakland Michigan Security Agreement clearly states the governing laws and jurisdiction under which the agreement falls. It ensures that any disputes or legal issues arising from the agreement will be resolved in accordance with the laws of Oakland, Michigan. While there may be several types of Oakland Michigan Security Agreements between Jon H. Row berry and Franklin Covey Company, these could include: 1. Mortgage Security Agreement: If Jon H. Row berry pledges real estate or property as collateral, this agreement would specify the terms and conditions regarding the mortgage as security for the loan or transaction. 2. Accounts Receivable Security Agreement: In cases where Jon H. Row berry pledges their accounts receivable or future income as collateral, this agreement would outline the specifics related to these assets. 3. Chattel Security Agreement: If movable assets, such as equipment, vehicles, or inventory, are offered as collateral, this agreement would govern the terms of that security arrangement. 4. General Security Agreement: This type of security agreement may encompass various types of assets, including real estate, accounts receivable, and movable collateral, providing a comprehensive security arrangement between the parties. It is important to note that the specific terms, conditions, and types of Oakland Michigan Security Agreements may vary depending on the nature of the transaction, the amount involved, and the requirements set forth by both Jon H. Row berry and Franklin Covey Company.