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Additional Collateral Sample Clause

Description: Sample security agreement clause allowing lender to require additional collateral if the value of the original collateral drops significantly.
Form Type: Contract Clauses
Practice Area: Banking, Bankruptcy & Restructuring, Corporate & Securities

Date: Mar 2013
PLI Item #: 52244
Keywords: financing; secured transactions; security agreement; UCC; Article 9; lien; title; collateral; debtor; lender; appraisal; loan to value ratio
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