Instrument definition

Instrument. The meaning specified in Section 9-102(a)(47) of the UCC.

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Instrument means a document in hard copy form;

Instrument means a cheque, promissory note, bill of exchange, order for payment, securities, cash, coupon, note, clearing item, credit card slip for processing, other negotiable instrument, or item of deposit or withdrawal of a similar nature and its electronic equivalent, including electronic debit instructions.

Examples of Instrument in a sentence

• With respect to each Participated Loan that, in the event the Transferor receives any notice or other communication concerning any amendment, supplement, consent, waiver or other modification (howsoever denominated) under or in respect of any related Underlying Instrument or makes any affirmative determination to exercise or refrain from exercising any rights or remedies thereunder, the Transferor will give prompt notice thereof to the Transferee.

• In any such event, the Transferor will, with respect to the Participated Loan, to the extent permitted by the related Underlying Instrument, exercise all voting and other powers of consensual ownership relating to such amendment, supplement, consent, waiver or other modification (howsoever denominated) or the exercise of such rights or remedies, in each case, as the Transferee directs the Transferor in writing.

• The Participation Interests will not include any rights that are not permitted to be participated pursuant to the terms of the related Underlying Instrument.

• With respect to each Participated Loan, the Transferor will request from an obligor (to the extent that it is entitled under the related Underlying Instrument to do so), and will furnish to the Transferee (if and to the extent received by the Transferor from an obligor), such information concerning the business, affairs or condition (financial or otherwise) of an obligor as the Transferor may reasonably request.

• This Agreement and the other Transaction Documents (including any assignment or novation instruments and other documents evidencing the assignment or novation of each Transferred Asset in accordance with the related Underlying Instrument) contemplated herein are the only agreements or arrangements pursuant to which the Transferee acquires the Transferred Assets Conveyed to it by the Transferor.

More Definitions of Instrument

Instrument means a negotiable instrument.

Instrument means “instrument”, as defined in Article 9 of the UCC.

Instrument means a negotiable instrument or any other writing that evidences a right to the payment of a monetary obligation, is not itself a security agreement or lease, and is of a type that in ordinary course of business is transferred by delivery with any necessary indorsement or assignment. The term does not include (i) investment property, (ii) letters of credit, or (iii) writings that evidence a right to payment arising out of the use of a credit or charge card or information contained on or for use with the card.

Instrument means a negotiable instrument or any other writing that evidences a right to the payment of a monetary obligation, is not itself a security agreement or lease, and is of a type that in ordinary course of business is transferred by delivery with any necessary endorsement or assignment.

Instrument means this instrument of incorporation, including the Schedules, as amended from time to time.

Instrument shall have the meaning given such term in Section 9-102(a)(47) of the UCC.

Instrument shall have the meaning set forth in Article 9 of the UCC.