UCC definition

UCC means the Uniform Commercial Code as in effect from time to time in the State of New York.
UCC means the Uniform Commercial Code as from time to time in effect in the applicable jurisdiction.
UCC means the Uniform Commercial Code (or any similar or equivalent legislation) as in effect in any applicable jurisdiction.

Examples of UCC in a sentence

  • For 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.

  • The Borrower acknowledges that (a) value has been given, (b) the Borrower has rights in the Collateral (other than after-acquired Collateral) in which it has granted a security interest hereunder and (c) this Agreement constitutes a “security agreement” as that term is defined in the UCC.

  • Each of the U.S. Collection Accounts constitutes a “deposit account” within the meaning of the applicable UCC.

  • The aforementioned rights and remedies shall be without limitation, and shall be in addition to all other rights and remedies of the Administrative Agent, Collateral Agent and the Lenders otherwise available under any other provision of this Agreement, by operation of law, at equity or otherwise, all of which are hereby expressly preserved, including, without limitation, all rights and remedies provided under the UCC, all of which rights shall be cumulative.

  • Each U.S. Originator has granted to the Borrower for the benefit of the Collateral Agent and the Secured Parties “control” (within the meaning of the UCC) over each of its U.S. Collection Accounts and Facility Account.


More Definitions of UCC

UCC means the Uniform Commercial Code as in effect from time to time in the State of New York or any other state the laws of which are required to be applied in connection with the issue of perfection of security interests.
UCC means, unless the context otherwise requires, the Uniform Commercial Code, as in effect in the relevant jurisdiction, as amended from time to time.
UCC means the Uniform Commercial Code as in effect in the applicable jurisdiction.
UCC means the Uniform Commercial Code as in effect in the State of New York; provided that, if perfection or the effect of perfection or non-perfection or the priority of any security interest in any Collateral is governed by the Uniform Commercial Code as in effect in a jurisdiction other than the State of New York, “UCC” means the Uniform Commercial Code as in effect from time to time in such other jurisdiction for purposes of the provisions hereof relating to such perfection, effect of perfection or non-perfection or priority.
UCC means the Uniform Commercial Code as the same may from time to time be in effect in the State of New York or the Uniform Commercial Code (or similar code or statute) of another jurisdiction, to the extent it may be required to apply to any item or items of Collateral.
UCC means the Uniform Commercial Code as in effect from time to time in such other jurisdiction for purposes of the provisions hereof relating to such perfection, effect of perfection or non-perfection or priority.
UCC. The Uniform Commercial Code, as amended from time to time, as in effect in any specified jurisdiction.