NY UCC definition
Examples of NY UCC in a sentence
The Administrative Agent shall give such Grantor such notice of any public or private sale as may be required by the NY UCC or other applicable Law.
All capitalized terms used in this Agreement (including in the recitals hereof) and not otherwise defined herein shall have the meanings assigned to them in the Credit Agreement and, if not defined therein, shall have the meanings assigned to them in the NY UCC; provided, that to the extent that the NY UCC is used to define any term herein and such term is defined differently in different Articles of the NY UCC, the definition of such term contained in Article 9 of the NY UCC shall govern.
No Account Control Agreement (or equivalent agreement for purposes of providing “control” within the meaning of the NY UCC or other applicable law) exists with respect to any Collateral held by such Grantor other than any Permitted Liens under Section 9.02(o) of the Credit Agreement or Account Control Agreements in favor of the Administrative Agent.
The Borrower shall deliver (or cause to be delivered) to the Administrative Agent on or before the date that is thirty (30) days following the Closing Date, all Collateral consisting of stock certificates (in the case of Equity Interests that are securities (as defined in the NY UCC)), which certificates shall be accompanied by undated instruments of transfer duly executed in blank, representing the equity interests of Pulmonx Hong Kong Limited, as expressly required pursuant to the Security Agreement.
Any surplus thereof which exists after payment and performance in full of the Secured Obligations shall be promptly paid over to such Grantor or otherwise disposed of in accordance with the NY UCC or other applicable Law.