Everyday Loans,Inc. ,issues a line of credit in Glade Electronics Corporation under a security agreement.Later,Glade buys new HD TVs to add to its inventory.Everyday has a security interest in the new inventory

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An after-acquired property clause in a security agreement allows the creditor to have a security interest in any property acquired by the debtor after the agreement was signed. Therefore, if the security agreement between Everyday Loans, Inc. and Glade Electronics Corporation had an after-acquired property clause, Everyday would have a security interest in the new HD TVs added to Glade's inventory.