Excluded Contract

Excluded Contract. Means each contract in which any Obligor now or hereafter has rights, to the extent in each case, a security interest may not be granted by such Obligor in such contract as a matter of applicable law, or under the effective terms of the governing document applicable thereto, without the consent of one or more parties thereto other than any Obligor, but only for so long as such consent has not been obtained, provided however, that the Obligors shall use best efforts to avoid the requirement of... third party consents in each after-acquired contract. View More