Relevant UCC definition

Relevant UCC means the Uniform Commercial Code as in effect in any relevant jurisdiction. In the event that the Uniform Commercial Code as in effect on the date hereof in any relevant jurisdiction is revised subsequent to the date hereof, all references to specific sections of the Uniform Commercial Code shall be deemed to be references to the successor provisions of the Uniform Commercial Code.

Examples of Relevant UCC in a sentence

  • The Receivables constitute “tangible chattel paper” (as defined in the Relevant UCC).

  • The Indenture Trustee may conclusively rely upon the Administrator with respect to the determination of whether the requirements of Section 8-405 or 8A-405, as applicable, of the Relevant UCC are met.

  • This Agreement creates a valid and continuing “security interest” (as defined in the Relevant UCC) in the Receivables in favor of the Trust, which security interest is prior to all other Liens and is enforceable as such as against creditors of and purchasers from the Depositor.

  • The Depositor, the Servicer and the Trust agree to do and perform, from time to time, any and all acts and to authorize and/or execute any and all further instruments required or reasonably requested by the Owner Trustee or the Indenture Trustee more fully to effect the purposes of this Agreement, including the authorization of any financing statements or continuation statements relating to the Receivables for filing under the provisions of the Relevant UCC of any applicable jurisdiction.

  • This Indenture creates a valid and continuing “security interest” (as defined in the Relevant UCC) in the Receivables 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.


More Definitions of Relevant UCC

Relevant UCC means the Uniform Commercial Code as in effect in the State of New York; provided, however, that if by reason of mandatory provisions of law, the perfection or non-perfection of a security interest in any property conveyed hereunder is governed by the Uniform Commercial Code as in effect in a jurisdiction other than the State of New York, "UCC" shall mean the Uniform Commercial Code as in effect in such other jurisdiction for purposes of the provisions hereof relating to such perfection or non-perfection.
Relevant UCC means the Uniform Commercial Code as in effect in the States of New York and Mississippi, as applicable.
Relevant UCC means the UCC as in effect in the State of California and in the jurisdiction whose Law governs the perfection of the Buyer's ownership interests in the Historical Advances.
Relevant UCC means, with respect to any UCC Deposit Account Jurisdiction at any time, the Uniform Commercial Code as then in effect in such UCC Deposit Account Jurisdiction.
Relevant UCC means the Uniform Commercial Code as in effect in the State of Illinois.
Relevant UCC means the Uniform Commercial Code as in effect from time to time in all applicable
Relevant UCC means the Uniform Commercial Code as in effect in the States of New York and California.