This form is an Asset Purchase Agreement. The seller agrees to sell to the buyer certain assets which are listed in the agreement. The form also provides that the buyer will not be responsible for any unfilled orders from the customers of the seller.
Asset Agreement Form With Collateral In Texas
Category:
State:
Multi-State
Control #:
US-00419
Format:
Word;
Rich Text
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This collateral agreement template is what you need to secure an item of value as collateral for monetary debt. The prescribed forms are available in fill-in-the-blank format on this web site at UCC Forms.The Texas Loan Agreement form serves as a legal document that outlines the terms and conditions of a loan between a lender and a borrower in Texas. The document is a collateral agreement granting a lender a security interest in the signatory's assets (referred to as "Collateral") held in various accounts. This topic contains information on Texas Section 50(a)(6) loan underwriting, collateral, and closing considerations. Loan agreements typically are comprised of two main documents. First a promissory note, which sets out the terms of repayment, and second, a security agreement.