Commodities Account definition

Commodities Account has the meaning assigned to such term in the UCC.
Commodities Account is defined in the Security Agreement.
Commodities Account shall have the meaning set forth in Article 9 of the UCC.

Examples of Commodities Account in a sentence

  • No Borrower shall maintain, or cause any of its Subsidiaries to maintain, any Deposit Account, Securities Account or Commodities Account other than such accounts listed on Schedule 4.17(5) hereto, without the prior written consent of Lender.

  • Set forth in Schedule 4.17(5) hereto is a complete and accurate list, as of the Effective Date, of each Deposit Account, Securities Account and Commodities Account of each Borrower, together with the name and address of each institution at which each such account is maintained, the account number for each such account and a description of the purpose of each such account.


More Definitions of Commodities Account

Commodities Account as defined in the UCC.
Commodities Account. Deposit Accounts”, “Document”, “Electronic Chattel Paper”, “Equipment”, “Fixture”, “General Intangible”, “Goods”, “Instruments”, “Inventory”, “Investment Property”, “Letter-of-Credit Right”, “Securities Account”, “Securities Entitlement”, “Supporting Obligation” and “Tangible Chattel Paper”).
Commodities Account shall have the meaning set forth in Article 9 of the Uniform Commercial Code.
Commodities Account has the meaning set forth in the Code.
Commodities Account. Deposit Account”, “Document”, “Farm Products”, “Financial Asset”, “Fixture”, “General Intangible”, “Instrument”, “Inventory”, “Investment Property”, “Lease”, “Lessor”, “Letter-of-Credit Rights”, “money”, “Payment Intangibles”, “Proceeds”, “Product”, “Record”, “Secured Party”, “Securities Account”, “Security”, “Security Entitlement”, “Security Interest” and “Supporting Obligation”. To the extent the definition of any category or type of Collateral is expanded by any amendment, modification or revision to the Uniform Commercial Code, such expanded definition will apply automatically as of the effective date of such amendment, modification or revision.
Commodities Account means a commodities account (as such term is defined in the Code).
Commodities Account means (a) all “commodity accounts” as defined in Article 9 of the UCC and (b) all of the accounts listed on Schedule 4.4 to the Pledge and Security Agreement under the heading “Commodities Accounts” (as such Schedule may be amended or supplemented from time to time in accordance with the Pledge and Security Agreement).