Delaware UCC definition

Delaware UCC means the Uniform Commercial Code as in effect in the State of Delaware from time to time.

Delaware UCC means the Uniform Commercial Code as in effect on the Closing Date in the State of Delaware.

Delaware UCC means the Uniform Commercial Code as in effect on the date hereof in the State of Delaware (without regard to laws referenced in Section 9-201 thereof).

Examples of Delaware UCC in a sentence

• The Indenture creates a valid and continuing security interest (as defined in the Delaware UCC) in the Collateral Certificate in favor of the Indenture Trustee, which security interest is prior to all other liens, and is enforceable as such as against creditors of and purchasers from the Issuer.

• The Collateral Certificate constitutes either an “account,” a “general intangible,” an “instrument,” or a “certificated security,” each within the meaning of the Delaware UCC.

• The certificated interests shall be in “registered form” within the meaning of Article 8 of the Delaware UCC.

• The Collateral Certificate constitutes either an "account," a "general intangible," an "instrument," or a "certificated security," each within the meaning of the Delaware UCC.

• The interest of each Member in the Company shall be an “uncertificated security” governed by Article 8 of the Delaware UCC and the UCC as enacted in the State of New York (the “New York UCC”), including, without limitation, (i) for purposes of the definition of a “security” thereunder, the interest of each Member in the Company shall be a security governed by Article 8 of the Delaware UCC and the New York UCC and (ii) for purposes of the definition of an “uncertificated security” thereunder.

More Definitions of Delaware UCC

Delaware UCC means the Uniform Commercial Code as in effect from time to time in the State of Delaware.

Delaware UCC means the Uniform Commercial Code as in effect on the date hereof in the State of Delaware (without regard to laws referenced in Section 9-201 thereof); (iii) "UCC" means the New York UCC or the Delaware UCC, as applicable; (iv) "Receivables" means the Receivables identified on the Schedule of Receivables attached as Exhibit B to the Purchase Agreement on the date hereof, to the extent such Receivables is subject to Article 9 of the UCC; (v) "Federal Book-Entry Regulations" means the United States Department of the Treasury's regulations governing the transfer and pledge of marketable securities issued by the U.S. Treasury and maintained in the form of entries in the TRADES book-entry system in the records of the federal reserve banks and set forth in 61 Fed. Reg. 43626 (1996) (codified at 31 C.F.R. Part 357), and the United States Department of Housing and Urban Development's regulations governing the transfer and pledge of securities issued by the Federal National Mortgage Association ("FNMA") or the Federal Home Loan Mortgage Corporation ("FHLMC") in each case maintained in the form of entries in the records of federal reserve banks and set forth in 62 Fed. Reg. 28975 (1996) (codified at 24 C.F.R. Part 81); (vi) "Securities Intermediary" means Bank of Tokyo-Mitsubishi Trust Company, solely in its capacity as a "securities intermediary" as defined in the UCC; and (vii) "Securities Accounts" means account numbers 26024381, 26024357, 26024365, 26024373 and 26024403 established at xxx Xxxxrixxxx Xxxermediary which we have been informed are, respectively, the Reserve Account, the Collection Account, the Note Payment Account, the Payahead Account and the Yield Supplement Account, established pursuant to the Sale and Servicing Agreement, to the extent such accounts are subject to Article 8 or 9 of the UCC or the Federal Book-Entry Regulations. We express no opinion as to the laws of any jurisdiction other than (i) the UCC and (ii) with respect to opinion paragraphs 12 and 14, the Illinois Vehicle Code and (iii) with respect to opinion paragraphs 15 and 16, the Federal Book-Entry Regulations. We have relied, with your consent, as to matters of Illinois law on the opinion of Skadden, Arps, Slate, Meagher & Flom (Illinois). Based upon the foregoxxx xxx suxxxxt to the limitations, qualifications, exceptions and assumptions set forth herein, we are of the opinion that:

Delaware UCC shall have the meaning specified in Section 7.18(l).

Delaware UCC means the UCC as in effect on the date hereof in the State of Delaware;

Delaware UCC is defined in Section 4.1(h).

Delaware UCC means the Uniform Commercial Code as in effect on the date hereof in the State of Delaware, "UCC" means the New York UCC or the Delaware UCC, as applicable (without regard to laws referenced in Section 9-201 thereof) and (iv) "Initial Receivables" means that portion of the Receivables identified on the Schedule of Receivables attached as Exhibit B to the Purchase Agreement on the date hereof. We express no opinion as to the laws of any jurisdiction other than the UCC. Based upon the foregoing and subject to the limitations, qualifications, exceptions and assumptions set forth herein, we are of the opinion that:

Delaware UCC means the Uniform Commercial Code as in effect in the State of Delaware from time to time. “ Dissolution Event ” shall have the meaning provided in Section 13.2 .