Common use of Instrument Clause in Contracts

Instrument. Any “instrument” (as defined in Article 9 of the UCC), other than an instrument that constitutes part of chattel paper.

Appears in 22 contracts

Sources: Loan and Security Agreement (Credit Acceptance Corp), Loan and Security Agreement (Credit Acceptance Corp), Loan and Security Agreement (Credit Acceptance Corp)

Instrument. Any "instrument" (as defined in Article 9 of the UCC), other than an instrument that constitutes part of chattel paper.

Appears in 4 contracts

Sources: Loan and Security Agreement (Credit Acceptance Corporation), Loan Certificate and Servicing Agreement (Capitalsource Inc), Loan and Security Agreement (Credit Acceptance Corporation)