Examples of UCC in a sentence
Regarding recordation of ownership interests: Aircraft are subject to separate, specific filing regimes independent of the Uniform Commercial Code (UCC), which preempt the UCC.
All terms used in Article 9 of the UCC in the State of New York, and used but not specifically defined herein, are used herein as defined therein.
The Document Custodian agrees that, with respect to any Underlying Instruments at any time or times in its possession, the Document Custodian shall be the agent of the Administrative Agent, for the benefit of the Secured Parties, for purposes of perfecting (to the extent not otherwise perfected) the Administrative Agent’s security interest in the Collateral and for the purpose of ensuring that such security interest is entitled to first priority status under the UCC.
The Borrower’s location (within the meaning of Article 9 of the UCC) is, and at all times has been, the State of Delaware.
For the avoidance of doubt, original manual signatures shall be used for execution or indorsement of writings when required under the UCC or other Signature Law due to the character or intended character of the writings.