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

• The enumeration of any specific power in this Trust Instrument shall not be construed as limiting the aforesaid power.

• Except when a larger vote is required by law, by any provision of this Trust Instrument or by the Trustees, a majority of the Shares voted in person or by proxy on a particular matter at a meeting at which a quorum is present shall decide any questions with respect to that matter and a plurality shall elect a Trustee.

• Notice of such meetings shall be made in accordance with the Trust Instrument.

• In construing the provisions of this Trust Instrument, the presumption shall be in favor of a grant of power to the Trustees.

• Unless a larger percentage is required by law, by any provision of this Trust Instrument or by the Trustees, one-third of the Shares entitled to vote in person or by proxy on a particular matter shall be a quorum for the transaction of business at a Shareholders’ meeting with respect to that matter.

More Definitions of Instrument

Instrument means a negotiable instrument.

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 “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 endorsement or assignment.

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

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

Instrument means any agreement, indenture, instrument or other document under which any obligation is evidenced, assumed, guaranteed or secured.