DE UCC definition
DE UCC means the Uniform Commercial Code as in effect in the State of Delaware, as amended from time to time.
DE UCC shall refer to the Uniform Commercial Code as adopted in the States of New York and Delaware, respectively. The NY UCC and the DE UCC are hereinafter referred to collectively as the “UCC”). Unless otherwise indicated, capitalized terms used but not defined herein shall have the respective meanings set forth in the Agreement, except that unless otherwise defined herein, terms used in this opinion letter which are defined in the NY UCC shall have the meanings provided therein. This opinion is furnished to you pursuant to Section 5.01(c)(ii) of the Agreement. On the basis of the assumptions and subject to the qualifications and limitations set forth below, we are of the opinion that:
DE UCC means the Uniform Commercial Code as in effect on the date hereof in the State of Delaware, (ix) "TX UCC" means the Uniform Commercial Code as in effect on the date hereof in the State of Texas, (x) "UCC" means the "NY UCC", "DE UCC" and/or the "TX UCC", as applicable (without regard to laws referenced in Section 9-201 thereof), (x) "Article 9 Collateral" shall mean that portion of the Collateral (as defined in the Security Agreement) which is subject to Article 9 of the UCC. We express no opinion as to the laws of any jurisdiction other than (i) the Applicable Laws of the State of New York, (ii) the Applicable Laws of the United States of America (including without limitation, Regulations U and X of the Federal Reserve Board), (iii) the DGCL, (iv) the DRULPA, (iv) in the case of the second sentence of opinion paragraph 1 and opinion paragraph 19, the Business Corporation Act of the State of Texas (the "TBCA") and (v) the UCC. Based upon the foregoing and subject to the limitations, exceptions, assumptions and qualifications set forth herein, we are of the opinion that:
Examples of DE UCC in a sentence
The Receivables constitute (i) “tangible chattel paper” or “electronic chattel paper”, as the case may be, within the meaning of Section 9-102 of the NY UCC and the PA UCC and (ii) “chattel paper” within the meaning of Section 9-102 of the DE UCC.
More Definitions of DE UCC
DE UCC means the Uniform Commercial Code as in effect in the State of Delaware as reported in the CCH Guide referred to below.
DE UCC and/or the "TX UCC", as applicable (without regard to laws referenced in Section 9-201 thereof), (x) "Article 9 Collateral" shall mean that portion of the Collateral (as defined in the Security Agreement) which is subject to Article 9 of the UCC. We express no opinion as to the laws of any jurisdiction other than (i) the Applicable Laws of the State of New York, (ii) the Applicable Laws of the United States of America (including without limitation, Regulations U and X of the Federal Reserve Board), (iii) the DGCL, (iv) the DRULPA, (iv) in the case of the second sentence of opinion paragraph 1 and opinion paragraph 19, the Business Corporation Act of the State of Texas (the "TBCA") and (v) the UCC. Based upon the foregoing and subject to the limitations, exceptions, assumptions and qualifications set forth herein, we are of the opinion that:
DE UCC means the Uniform Commercial Code as adopted in the State of Delaware; (e) “Delaware Corporations” means each of the Borrower, License, License 2, Sales West, Services West and Services East; (f) “Delaware LLCs” means each of Info, Media and East LLC; (g) “Delaware Entities” means each of the Delaware Corporations and the Delaware LLCs; and (h) “Applicable Law” means, with respect to each Loan Party, the General Corporation Law of the State of Delaware, the Limited Liability Company Act of the State of Delaware, the DE UCC, the internal, substantive laws, rules, and regulations of the State of New York, and those laws, rules, and regulations of the United States of America which in our experience are normally applicable to such Loan Party and to transactions of the type provided for in the Loan Documents to which such Loan Party is a party. In rendering the opinions expressed herein, we have assumed that: