UCC Certificate Sample Clauses
A UCC Certificate clause outlines the requirement for providing a Uniform Commercial Code (UCC) search certificate, which verifies whether there are any existing liens or security interests filed against a party’s assets. Typically, this clause specifies who must obtain the certificate, the time frame for delivery, and the jurisdictions to be searched, such as the state where the debtor is located. By mandating the provision of a UCC Certificate, the clause ensures that parties are aware of any prior claims on collateral, thereby reducing the risk of undisclosed encumbrances and protecting the interests of secured lenders or buyers.
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UCC Certificate. The Administrative Agent, each Non-Conduit Purchaser, each Funding Agent, on behalf of the related CP Conduit Purchaser and the APA Banks with respect to such CP Conduit Purchaser, and each Class B Note Purchaser shall have received from each of VMS, the Origination Trust, Holdings and the Issuer a certificate, substantially in the form of Exhibit H, completed in a manner satisfactory to the Administrative Agent, each Funding Agent and each Class B Note Purchaser duly executed by an Authorized Officer of each of VMS, the Origination Trust, Holdings and the Issuer and dated the Effective Date.
UCC Certificate. The Funding Agent shall have received from each Seller and the Company a UCC Certificate, completed in a manner satisfactory to the Funding Agent, duly executed by a Responsible Officer of such Seller or the Company, as the case may be, and dated the Issuance Date.
UCC Certificate. A certificate issued by the Secretary of State (or other appropriate UCC filing officer) of the state of formation of Seller, dated within ten (10) days of the Closing, reflecting that no Uniform Commercial Code filings, chattel mortgages, assignments, pledges, or other encumbrances have been filed in the offices of such Secretary of State (or other filing officer), with reference to the Property or any part thereof; or, if such certificate reflects any such encumbrances, Seller shall cause such encumbrances to be released or terminated at Closing.
UCC Certificate. CTI shall have received an Arizona Uniform Commercial Code certificate dated as of a date within five (5) days of the Closing Date to the effect that there are no encumbrances of record on the assets of MCC, other than those disclosed in the MCC Schedules.
UCC Certificate. Sensar shall have received a Commercial Code certificate as of a date within five (5) days of the Closing Date to the effect that there are no encumbrances of record on the assets of ITES, other than those disclosed in the ITES Schedules.
UCC Certificate. The Administrator shall have received, with a copy for the Committed Purchaser, from the Seller, USFS and the Company a UCC Certificate, completed in a manner satisfactory to the Administrator, duly executed by a Responsible Officer of the Seller or the Company, as the case maybe, and dated on or prior to the Issuance Date.
UCC Certificate. CTI shall have received a Nevada Uniform Commercial Code certificate from the SCC dated as of a date within five days of the Closing Date to the effect that there are no encumbrances of record on the assets of PHS, other than those disclosed in the PHS Schedules.
UCC Certificate. The Administrative Agent shall have received from each of the Issuer, Goodyear and Dunlop a certificate, substantially in the form of EXHIBIT E completed in a manner satisfactory to the Administrative Agent, duly executed by an Authorized Officer of each of the Issuer, Goodyear and Dunlop and dated the Series 2001-1 Closing Date.
UCC Certificate. Amacan shall have received a Uniform Commercial Code certificate from the Division, dated as of the Closing Date, to the effect that there are no encumbrances of record on the assets of Spire and Spire Systems other than those disclosed in the Spire Schedules.
UCC Certificate. ATC shall have received a Uniform Commercial Code certificate from the Utah Division of Corporations and Commercial Code, dated as of a date within ten days of the Closing Date to the effect that there are no encumbrances of record on the assets of NDSCo, other than those disclosed in the NDSCo Schedules.
