Edit table in the Collateral Agreement

Aug 6th, 2022
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How to edit table in the Collateral Agreement

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hi Im Ted today Im going to show you how to edit the contents of a cell in Excel I have a small spreadsheet set up here um its just a goofy thing that I set up for the purpose of illustrating things and we have the name the state and the occupation of several fictional people so lets say we want to change lets say Guido here lets say his boat sunk he was a fisherman in Alaska and lets say hes now going to be working as a as a doc worker so what we do is we go to the cell we want to change and we double click on it and when I do that Watch What Happens here in Whats called the formula bar up here Im going to double click down here and you can see that the check mark and the X are now active in the formula bar now we can edit it either directly in the cell or we can go up here so were going to go up to the formula bar double click on that were now in text edit mode and were going to change uh this fellow occupation and then you hit a return and you can see it changed down he

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Examples of collateral documents are a security agreement, guarantee and collateral agreement, pledge agreement, deposit account control agreement, securities account control agreement, mortgage, and UCC-1s.
Elements of a Collateral Contract the statement or document must have been promissory; the parties did not intend for the statement or document to be part of the main contract; the statement or document must be consistent with the main contract; you must provide consideration for the promise; and.
The extrinsic agreement must, in form, be a collateral one. This means that the extrinsic agreement must not be distinct and independent from the original written agreement.
A collateral contract is a contract to enter into an future contract. Part of the consideration for the collateral contract is the promise to enter into the second contract. This is similar to a conditional contract whereby the consideration for one party is conditioned on the other party doing something.
The collateral-contract doctrine is a rule that says if there is a disagreement about a written contract, evidence of a second agreement (usually spoken) can be used in court if it doesnt contradict the written contract and if the information in the spoken agreement wouldnt normally be included in the written
For example, companies X and Y enter a construction contract with X as the client and Y as the builder. Y then enters a collateral contract with Z, a materials supplier. If the materials are found defective, X may be able to sue Z even though they do not have a contract with one another.
For a collateral contract to exist, it must be consistent with the main contract, be promissory and contain all the elements of a contract. Additionally, the parties must not have intended it to be part of the main contract and you must give consideration for the promise.

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