Examples of Arizona UCC in a sentence
The pre-revision Arizona UCC was in place at all relevant times during this controversy; we will refer mainly to that Code, and will do so in the present tense.a double recovery forbidden by the UCC.
Since the District Court sat as an appellate court to review the Bankruptcy Court, “we review the Bankruptcy Court’s legal determinations de novo, its factual findings for clear error, and its exercises of discretion for abuse thereof.” Id. (citing In re Engel, 124 F.3d 567, 571 (3d Cir.1997)).The Trustee appeals the Bankruptcy Court’s decision that the insurance proceeds were part of FINOVA’s collateral under the Arizona UCC.
Under the Arizona UCC, which governed the parties’ obligations under ¶ 9.4 of the security agreement, if a federal statute provides for national registration of security interests in a given type of property, a secured party need not file a UCC financing statement to perfect an interest in such property.
Terms defined in the Arizona UCC which are not otherwise defined in this Security Agreement are used herein as defined in the Arizona UCC.
The UCC ProvisionsThis case turns primarily on the provisions of the Arizona UCC that govern a creditor’s rights to the proceeds of his collateral.5 The default rule is that a security interest in property includes an interest in the proceeds of that property.
Upon the occurrence and continuation of such an Event of Default, the Lender shall have all rights and remedies provided by law, including without limitation, those under the Uniform Commercial Code as adopted in Arizona ("UCC"), and may sell the Option Shares in any manner that is not inconsistent with the provisions of the UCC.
Continuation of Arizona UCC Financial Statement recorded July 23, 1999 in Docket 11095, Page 325.
Such an employment programme will work on the macro level as a strong automatic stabiliser, as it expands spending immediately in response to layoffs (ibid).
There exist certain limitations, resulting from the operation of Section 9315 of the Arizona UCC (A.R.S. Section 47-9315), on the perfection of security interests in proceeds created by the Documents.
Continuation of Arizona UCC Financial Statement recorded March 24, 1999 in Docket 11010, Page 2003.