Broward Florida General Security Agreement granting secured party secured interest

• Category: Corporations - Public - Security
• State: Multi-State
• County: Broward
• Control #: US-EG-9496
• Format: Word; Rich Text

Description

General Security Agreement between U.S. Wireless Data, Inc. and ComVest Capital Management, LLC regarding granting secured party secured interest dated December 30, 1999. 18 pages. A Broward Florida General Security Agreement is a legal document that establishes the rights and obligations between a borrower (known as the debtor) and a lender (known as the secured party). This agreement grants the secured party a secured interest in the debtor's collateral, providing a measure of protection in the event of default or insolvency. The General Security Agreement serves as a contract that outlines the terms and conditions of the secured party's interest, defining the scope of collateral, rights, and remedies available to the secured party. It is an essential legal tool for lenders to secure their loans and investments. Keywords: Broward Florida, General Security Agreement, secured interest, secured party, collateral, debtor, lender, rights, remedies, default, insolvency, legal document, terms and conditions. Different types of Broward Florida General Security Agreements granting secured party secured interest include: 1. Real Estate General Security Agreement: This type of agreement pertains to the granting of a secured interest in real property (land and buildings) as collateral for a loan or debt. 2. Business Assets General Security Agreement: In this type, the secured party obtains a secured interest in the debtor's specific business assets, such as equipment, inventory, accounts receivable, intellectual property, and other tangibles or intangibles. 3. Vehicles General Security Agreement: This agreement focuses on securing the interest of the secured party in the debtor's vehicles, including cars, trucks, motorcycles, boats, or any other motorized assets. 4. Equipment General Security Agreement: An agreement designed to secure the interest of the secured party in specific equipment owned by the debtor. This may include machinery, tools, computer hardware, or any other physical assets that hold value. 5. Accounts Receivable General Security Agreement: This type pertains to securing the interest of the secured party in the debtor's accounts receivable, ensuring the lender has a claim on the outstanding payments owed to the debtor by its customers. Remember, when dealing with legal documents, it is highly recommended consulting with an attorney specializing in contract law to ensure you fully understand the terms, implications, and enforceability of a Broward Florida General Security Agreement.

A Broward Florida General Security Agreement is a legal document that establishes the rights and obligations between a borrower (known as the debtor) and a lender (known as the secured party). This agreement grants the secured party a secured interest in the debtor's collateral, providing a measure of protection in the event of default or insolvency. The General Security Agreement serves as a contract that outlines the terms and conditions of the secured party's interest, defining the scope of collateral, rights, and remedies available to the secured party. It is an essential legal tool for lenders to secure their loans and investments. Keywords: Broward Florida, General Security Agreement, secured interest, secured party, collateral, debtor, lender, rights, remedies, default, insolvency, legal document, terms and conditions. Different types of Broward Florida General Security Agreements granting secured party secured interest include: 1. Real Estate General Security Agreement: This type of agreement pertains to the granting of a secured interest in real property (land and buildings) as collateral for a loan or debt. 2. Business Assets General Security Agreement: In this type, the secured party obtains a secured interest in the debtor's specific business assets, such as equipment, inventory, accounts receivable, intellectual property, and other tangibles or intangibles. 3. Vehicles General Security Agreement: This agreement focuses on securing the interest of the secured party in the debtor's vehicles, including cars, trucks, motorcycles, boats, or any other motorized assets. 4. Equipment General Security Agreement: An agreement designed to secure the interest of the secured party in specific equipment owned by the debtor. This may include machinery, tools, computer hardware, or any other physical assets that hold value. 5. Accounts Receivable General Security Agreement: This type pertains to securing the interest of the secured party in the debtor's accounts receivable, ensuring the lender has a claim on the outstanding payments owed to the debtor by its customers. Remember, when dealing with legal documents, it is highly recommended consulting with an attorney specializing in contract law to ensure you fully understand the terms, implications, and enforceability of a Broward Florida General Security Agreement.