Uniform Commercial Code definition

Uniform Commercial Code means the New York Uniform Commercial Code as in effect from time to time.

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Uniform Commercial Code or “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.

Uniform Commercial Code. The Uniform Commercial Code as in effect in any applicable jurisdiction from time to time.

Examples of Uniform Commercial Code in a sentence

For the avoidance of doubt, neither the Junior Lien Collateral Trustee nor any Junior Lien Secured Party shall have the right to credit bid the Junior Lien Obligations with respect to any Shared Collateral or any other Collateral, whether pursuant to Section 363(k) of the Bankruptcy Code, Section 9-610 of the Uniform Commercial Code or otherwise.
Such exercise and enforcement shall include the rights of an agent appointed by them to sell or otherwise dispose of Shared Collateral upon foreclosure, to incur expenses in connection with such sale or disposition and to exercise all the rights and remedies of a secured lender under the Uniform Commercial Code of any applicable jurisdiction and of a secured creditor under Bankruptcy Laws of any applicable jurisdiction.

More Definitions of Uniform Commercial Code

Uniform Commercial Code 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.

Uniform Commercial Code means the Uniform Commercial Code as in effect on the date hereof in the State of New York or the Uniform Commercial Code as in effect in the applicable jurisdiction.

Uniform Commercial Code means the Uniform Commercial Code as in effect in such other jurisdiction for purposes of the provisions hereof relating to such perfection or effect of perfection or non-perfection.

Uniform Commercial Code or “UCC” shall mean the Uniform Commercial Code as amended and in effect from time to time in the State of New York.

Uniform Commercial Code means the Uniform Commercial Code as in effect from time to time in the State of New York; provided, however, that if a term is defined in Article 9 of the Uniform Commercial Code differently than in another Article thereof, the term shall have the meaning set forth in Article 9; provided further that, if by reason of mandatory provisions of law, perfection, or the effect of perfection or non-perfection, of a security interest in any Collateral or the availability of any remedy hereunder is governed by the Uniform Commercial Code as in effect in a jurisdiction other than the State of New York, “Uniform Commercial Code” means the Uniform Commercial Code as in effect in such other jurisdiction for purposes of the provisions hereof relating to such perfection or effect of perfection or non-perfection or availability of such remedy, as the case may be.

Uniform Commercial Code shall have the meaning set forth in Section 1.3 hereof.

Uniform Commercial Code means the Uniform Commercial Code as in effect in the applicable State in which an Individual Property is located.