Collateral State definition

Collateral State means the state or states where the Collateral is located, which is California.

Collateral State means the state or states where the Collateral is located, which is Colorado.

Collateral State means the state or states where the Collateral is located, which are Vermont, California and Washington.

Examples of Collateral State in a sentence

• Under Section 9-304 of the UCC (“Section 9-304”), the Control Agreement and DAISA, the law governing perfection and priority relating to the deposit accounts designated in the Control Agreement and DAISA is the Uniform Commercial Code of the Control Collateral State.

• We express no opinion as to the laws of any jurisdiction other than (a) the laws of the Property Jurisdiction and [ if applicable: the limited liability company, partnership orcorporate law of the] Organizational Jurisdiction, (b) the Uniform Commercial Code of the state of the UCC Filing Office, (c) Sections 9-314 and 9-304 of the Uniform Commercial Code of the Control Collateral State, and (d) the laws of the United States of America.

• We express no opinion as to the laws of any jurisdiction other than (a) the laws of the Organizational Jurisdiction [or Property Jurisdiction depending on state of admission of counsel writing the opinion], (b) the Uniform Commercial Code of the State of the UCC Filing Office and of the Control Collateral State (defined hereafter), and (c) the laws of the United States of America.

• We express no opinion as to the laws of any jurisdiction other than (a) the laws of the Property Jurisdiction and [ if applicable: the limited liability company, partnership or corporate law of the] Organizational Jurisdiction, (b) the Uniform Commercial Code of the state of the UCC Filing Office, (c) Sections 9-314 and 9-304 of the Uniform Commercial Code of the Control Collateral State, and (d) the laws of the United States of America.

• Second, the Property Jurisdiction counsel, for example, if able to narrow the review of the laws of the Control Collateral State to only Section 9-304 thereof, will be much more likely to include this provision of the Control Collateral State as among the laws considered in rendering their opinions.

More Definitions of Collateral State

Collateral State means the state or states where the Collateral is located, which is North Carolina.

Collateral State means the state where the Collateral is located, which is California.

Collateral State means the state or states where the Collateral is located, which is Texas.

Collateral State means the state or states where the Collateral is located, which is New Jersey.

Collateral State means the state or states where the Collateral is located, which are California and New York.

Collateral State means the state or states where the Collateral having an aggregate book value in excess of One Hundred Thousand Dollars ($100,000.00) is located, which is New Jersey and Virginia.

Collateral State means the state where the Collateral is located, which is Massachusetts.