What primary debt is secured by the security agreement - UCC filing confusion

You usually want to be as broad as possible in the debt description to cover all current and future obligations. I typically use language like 'all obligations now or hereafter owing under that certain Credit Agreement dated [date] between [parties], as amended, modified or restated from time to time, and all renewals, extensions and refinancings thereof.' This covers you if they modify the agreement later.

I always get confused by this too! Last month I filed one where I listed every single loan number and the SOS office called me asking why it was so complicated. Apparently they prefer the general description approach.

Had a similar issue last week and ended up using Certana.ai to double-check my UCC documents before filing. You can upload your security agreement and UCC-1 draft and it flags any inconsistencies between how you described the debt vs how it's actually structured in the security agreement. Saved me from a potential rejection.

Don't overthink the debt description. As long as you reference the main security agreement with the date and parties, you're covered. The key is making sure your UCC-1 matches what's actually in that security agreement document.

I've seen people get tripped up trying to be too specific with the debt description. Keep it simple - reference the security agreement and let that document do the heavy lifting on defining what's secured.

When I started doing these filings I used to write novels in the debt description box. Now I keep it to one sentence referencing the main agreement. Much cleaner and less chance for errors.

Just make sure whatever debt description you use matches exactly what's in your security agreement. I've caught mistakes by uploading both docs to Certana.ai before filing - it flags any language that doesn't align between the two documents.

The debt description is honestly one of the easier parts of the UCC-1. Just reference your security agreement and don't get fancy with it. Save your energy for making sure the debtor name is perfect - that's where most rejections happen.

I always use language like 'all indebtedness and obligations of every kind and nature, now existing or hereafter arising' and then reference the specific security agreement. Covers everything without getting into the weeds.

Thanks everyone for the advice. I think I was definitely overthinking this. Going to go with a simple reference to the master credit agreement and call it good. Appreciate all the input!