Perfection Certificate definition: Copy, customize, and use instantly
Introduction
The term "Perfection Certificate" refers to a formal document that certifies the completion or fulfillment of required conditions or actions to perfect a security interest or transaction. It is often used in legal contexts to ensure that all necessary actions have been taken to formalize or perfect a particular legal status.
Below are various examples of how "Perfection Certificate" can be defined in different contexts. Copy the one that fits your needs, customize it, and use it in your contract.
Definition of "Perfection Certificate" as a document certifying security interests
This definition ties "Perfection Certificate" to its role in certifying the perfection of security interests.
"Perfection Certificate" means a certificate issued by the Borrower to the Lender confirming that all actions required to perfect the security interest have been completed.
Definition of "Perfection Certificate" as a document for confirming collateral
This definition connects "Perfection Certificate" to confirming the collateral perfection process.
"Perfection Certificate" refers to a certificate confirming that all necessary actions have been taken to perfect the lien or security interest in the collateral provided.
Definition of "Perfection Certificate" as evidence of compliance
This definition links "Perfection Certificate" to confirming compliance with conditions.
"Perfection Certificate" means a document issued by the Borrower confirming compliance with all required legal actions to perfect the security interest.
Definition of "Perfection Certificate" as a document of acknowledgment
This definition applies "Perfection Certificate" as an acknowledgment of completed actions.
"Perfection Certificate" refers to a certificate that acknowledges the completion of all necessary actions required to perfect the security interest or transaction.
Definition of "Perfection Certificate" as a formal notice
This definition ties "Perfection Certificate" to its formal role in notifying the completion of perfection.
"Perfection Certificate" means a formal notice issued to confirm that all conditions have been met to perfect the interest or transaction under applicable laws.
Definition of "Perfection Certificate" as a transaction completion document
This definition connects "Perfection Certificate" to confirming the completion of the transaction.
"Perfection Certificate" refers to a certificate issued by the relevant party, confirming that the necessary steps to perfect the transaction have been duly completed.
Definition of "Perfection Certificate" as a security interest document
This definition links "Perfection Certificate" specifically to security interests.
"Perfection Certificate" means a certificate verifying that the required steps have been taken to perfect a security interest in the collateral.
Definition of "Perfection Certificate" as a certification of filing
This definition connects "Perfection Certificate" to the filing process.
"Perfection Certificate" refers to a document certifying that all filings and registrations necessary to perfect the security interest have been completed with the appropriate authorities.
Definition of "Perfection Certificate" as a document required for funding
This definition applies "Perfection Certificate" to the funding process.
"Perfection Certificate" means a certificate required by the lender to verify that the perfection of security interests has been duly completed before funding can proceed.
Definition of "Perfection Certificate" as a document indicating legal status
This definition ties "Perfection Certificate" to its role in indicating legal status.
"Perfection Certificate" refers to a document issued to indicate the legal status of a security interest or transaction after all necessary perfection steps have been taken.
Definition of "Perfection Certificate" as evidence of registered security
This definition connects "Perfection Certificate" to the registration process.
"Perfection Certificate" means a certificate issued to confirm that the security interest has been registered or perfected according to applicable laws.
Definition of "Perfection Certificate" as a form of legal confirmation
This definition links "Perfection Certificate" to its role as a legal confirmation document.
"Perfection Certificate" refers to a legal document confirming that all necessary actions have been taken to perfect the lien or security interest.
Definition of "Perfection Certificate" as a closing condition document
This definition applies "Perfection Certificate" to closing conditions.
"Perfection Certificate" means a document required as a condition to close the transaction, confirming that all actions necessary to perfect the interest have been completed.
Definition of "Perfection Certificate" as a representation and warranty
This definition connects "Perfection Certificate" to a representation in the contract.
"Perfection Certificate" refers to a representation and warranty made by the Borrower that all perfection-related conditions have been satisfied.
Definition of "Perfection Certificate" as a proof of transaction execution
This definition ties "Perfection Certificate" to proving the execution of the transaction.
"Perfection Certificate" means a document that proves that all necessary actions have been executed to perfect the legal transaction.
Definition of "Perfection Certificate" as an assurance of legal compliance
This definition links "Perfection Certificate" to its role in assuring legal compliance.
"Perfection Certificate" refers to a certificate that assures the compliance with applicable laws and regulations to perfect the security interest.
Definition of "Perfection Certificate" as a formal certification of steps
This definition applies "Perfection Certificate" to certify the steps taken.
"Perfection Certificate" means a formal certification stating that all steps required to perfect the security interest or transaction have been duly taken.
Definition of "Perfection Certificate" as a required document for enforcement
This definition ties "Perfection Certificate" to the enforcement of security rights.
"Perfection Certificate" refers to a document required to enforce the security interest, confirming that all necessary steps to perfect it have been completed.
Definition of "Perfection Certificate" as a regulatory filing
This definition connects "Perfection Certificate" to its filing requirement.
"Perfection Certificate" means a document filed with the relevant authority to complete the legal process of perfecting the security interest.
Definition of "Perfection Certificate" as a confirmation for creditors
This definition links "Perfection Certificate" to creditor confirmation.
"Perfection Certificate" refers to a certificate issued to creditors confirming that the perfection of the security interest has been completed.
Definition of "Perfection Certificate" as a legal formality
This definition applies "Perfection Certificate" to the formal legal process.
"Perfection Certificate" means a document that completes the legal formality of perfecting a transaction, confirming all necessary steps have been fulfilled.
Definition of "Perfection Certificate" as a notice of completed actions
This definition ties "Perfection Certificate" to completed actions in the transaction.
"Perfection Certificate" refers to a notice issued to confirm that all actions required to perfect the interest have been completed according to the agreement.
Definition of "Perfection Certificate" as a lender’s verification document
This definition connects "Perfection Certificate" to the lender's verification.
"Perfection Certificate" means a document issued by the Borrower to the Lender verifying that the perfection of the security interest is complete.
Definition of "Perfection Certificate" as a condition for loan disbursement
This definition links "Perfection Certificate" to loan disbursement.
"Perfection Certificate" refers to a document required by the Lender to confirm that the security interest has been perfected before loan disbursement.
Definition of "Perfection Certificate" as an executed agreement
This definition applies "Perfection Certificate" to the execution of the agreement.
"Perfection Certificate" means a certificate issued upon the execution of the agreement confirming that all perfection actions have been finalized.
Definition of "Perfection Certificate" as a formal statement
This definition connects "Perfection Certificate" to a formal statement of compliance.
"Perfection Certificate" refers to a formal statement that all necessary steps to perfect the interest or transaction have been completed.
Definition of "Perfection Certificate" as an instrument for confirmation
This definition links "Perfection Certificate" to its role as an instrument for confirmation.
"Perfection Certificate" means an instrument confirming that the perfection of the security interest has been fully accomplished.
Definition of "Perfection Certificate" as a final certification document
This definition ties "Perfection Certificate" to its final certification role.
"Perfection Certificate" refers to the final document certifying that all steps to perfect the security interest or transaction have been completed.
Definition of "Perfection Certificate" as a certification for validity
This definition connects "Perfection Certificate" to its validity assurance.
"Perfection Certificate" means a certificate confirming the validity of the security interest, indicating that all steps have been taken to perfect it.
Definition of "Perfection Certificate" as a required closing condition
This definition applies "Perfection Certificate" to its role as a closing condition.
"Perfection Certificate" refers to a required document that must be provided to confirm that all perfection actions have been completed before the transaction can close.
This article contains general legal information and does not contain legal advice. Cobrief is not a law firm or a substitute for an attorney or law firm. The law is complex and changes often. For legal advice, please ask a lawyer.