Examples of Indiana UCC in a sentence
The Agreement creates a valid and continuing security interest (as defined in the Indiana UCC) in the Receivables in favor of the Agent, for the benefit of the Secured Parties, which security interest is prior to all other Adverse Claims, and is enforceable as such as against creditors of and purchasers from the Seller.
The Agreement creates a valid and continuing security interest (as defined in the Indiana UCC) in the Pool Receivables in favor of the Agent, for the benefit of the Secured Parties, which security interest is prior to all other Adverse Claims, and is enforceable as such as against creditors of and purchasers from the Seller.
Thus, Caliber’s actions are too far removed from the valid tender of payment to support a claim under the Indiana U.C.C. and should be dismissed.Chase seeks to dismiss Quimby’s valid tender of payment claim under Indiana U.C.C. because the tender of payment occurred before Chase serviced the loan.
The Indiana U.C.C. provides that if a borrower makes a tender of payment of an amount due on an instrument to the lender, the borrower is under no obligation to pay interest after the due date on the amount tendered.
Indiana UCC claims are subject to a four-year statute of limitations, so the judge held that these claims too were untimely.
The Cash Reserve Account, the Deposit Accounts and the Liquidation Account and all subaccounts of such accounts, constitute either a “deposit account” or a “securities account” within the meaning of the Indiana UCC.
Any reference to Article 8 and/or 9 of the UCC and Sections thereof that apply to the Indiana UCC shall refer to the applicable Article/Chapter 8.1 and 9.1 and the Sections thereof of the Indiana UCC, as applicable.
Indiana Uniform Commercial Code claims against Chase and CaliberCaliber seeks to dismiss the Indiana U.C.C. tender of payment claim because it is time barred and Caliber’s conduct was too far removed from the 2008 tender of payment.
The Dealer Agreement provides that contract claims are to be considered under California law, and Count II of the Amended Complaint clearly attempts to bring a separate substantive, contract-based claim under the Indiana UCC for breaching an implied duty of good faith and fair dealing.
The Pool Receivables constitute “accounts,” “payment intangibles,” “general intangibles,” “instruments” or “tangible chattel paper,” within the meaning of the Indiana UCC.