Article 2A definition
Examples of Article 2A in a sentence
You agree that this Agreement is a "Finance Lease" as defined by Article 2A of the UCC and your rights and remedies are governed exclusively by this Agreement.
Each Schedule is intended to be a “finance lease” as defined in Article 2A of the Uniform Commercial Code.
This MLA and those Schedules in conjunction hereof are a “Finance Lease” as defined in Article 2A of the Uniform Commercial Code (“UCC”).
You agree that this Lease is a “finance lease” as defined in Article 2A of the Uniform Commercial Code (“UCC”).
It is the intent of the parties that this Lease Agreement and any Schedule shall be deemed and constitute a “finance lease” as defined under and governed by Article 2A of the UCC.
This Article 2(A) shall not limit any requirements for amendment of any other agreement that is a Project Document.
Lessee agrees and acknowledges that it is the intent of both parties to this Lease that it qualify as a statutory finance lease under Article 2A of the Uniform Commercial Code.
It is the intent of the parties to this Lease that it will be a true lease and not a "conditional sale", that Lessor shall at all times be considered to be the owner of each Unit which is the subject of this Lease for the purposes of all federal, state, city and local taxes, that this Lease conveys to Lessee no right, title or interest in any Unit except as lessee and that the Lease will be a finance lease under the provisions of Article 2A of the New York Uniform Commercial Code.
The provision set forth in Article 2.A above, shall apply to the full extent permitted by law (i) in all fifty states, and (ii) in each foreign country, possession or territory in which Aramark may be engaged in, or have plans to engage in, business (x) during Employee’s period of employment, or (y) in the case of a termination of employment, as of the effective date of such termination or at any time during the twenty-four month period prior thereto.
You agree to forgo the rights and remedies provided under sections 507-522 of Article 2A of the UCC.