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statement.lex
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LEX UCC Financing Statement.
LEXON: 0.2.12
"Financing Statement" is this contract.
"File Number" is data.
"Initial Statement Date" is a time.
"Filer" is a person.
"Debtor" is a person.
"Secured Party" is a person.
"Filing Office" is a person.
"Collateral" is data.
"Digital Asset Collateral" is an amount.
"Reminder Fee" is an amount.
"Continuation Window Start" is a time.
"Continuation Statement Date" is a time.
"Continuation Statement Filing Number" is data.
"Lapse Date" is a time.
"Default" is a binary.
"Continuation Statement" is a binary.
"Termination Statement" is a binary.
"Termination Statement Time" is a time.
"Notification Statement" is a text.
The Filer fixes the Filing Office, fixes the Debtor, fixes the Secured Party, and fixes the Collateral.
Clause: Certify.
The Filing Office may certify the File Number.
Clause: Set File Date.
The Filing Office may fix the Initial Statement Date as the current time.
Clause: Set Lapse.
The Filing Office may fix the Lapse Date.
Clause: Set Continuation Start.
The Filing Office may fix the Continuation Window Start.
Clause: Pay Fee.
The Secured Party may pay a Reminder Fee into escrow.
Clause: Notice.
The Filing Office may fix the Notification Statement.
Clause: Notify.
The Filing Office may, if the Continuation Window Start has passed, send the Notification Statement to the Secured Party.
Clause: Pay Escrow In.
The Debtor may pay the Digital Asset Collateral into escrow.
Clause: Fail to Pay.
The Secured Party may declare Default.
Clause: Take Possession.
The Filing Office may, if Default is declared, pay the Digital Asset Collateral to the Secured Party.
Clause: File Continuation.
The Secured Party may file the Continuation Statement.
Clause: Set Continuation Lapse.
The Filing Office may, if the Continuation Statement is filed, fix the Continuation Statement Date.
Clause: File Termination.
The Secured Party may file a Termination Statement, and certify the Termination Statement Time as the then current time.
Clause: Release Escrow.
The Filing Office may, if the Termination Statement is filed, return the Digital Asset Collateral to the Debtor.
Clause: Release Reminder Fee.
The Filing Office may, if the Termination Statement is filed, return the Reminder Fee to the Secured Party.
Clause: Termination Period.
"Termination Period" is defined as 365 days after the Termination Statement Time.
Clause: Terminate and Clear.
The Filing Office may, if the Termination Period has passed, terminate this contract.