Chattel Paper definition

Chattel Paper means chattel paper (as that term is defined in the Code), and includes tangible chattel paper and electronic chattel paper.
Chattel Paper means all “chattel paper” as defined in Article 9 of the UCC, including, without limitation, “electronic chattel paper” or “tangible chattel paper”, as each term is defined in Article 9 of the UCC.
Chattel Paper means any “Chattel paper,” as such term is defined in the UCC, now owned or hereafter acquired by the Debtor or in which the Debtor now holds or hereafter acquires any interest.

Examples of Chattel Paper in a sentence

  • If the Secured Party is in possession of any Collateral that is Chattel Paper or an Instrument, then as to any such Chattel Paper or Instrument, the Secured Party shall not be obligated to take any necessary steps to preserve rights against prior parties.

  • Without limiting the Secured Party’s right to obtain possession of any Debtor’s Chattel Paper under Section 2.02(b), promptly upon the Secured Party’s request from time to time, the Debtors shall mark or stamp the first page and the signature page of all of each Debtor’s Chattel Paper with a legend clearly and conspicuously stating that the Chattel Paper is subject to a continuing security interest in favor of the Secured Party.


More Definitions of Chattel Paper

Chattel Paper shall have the meaning set forth in Article 9 of the UCC.
Chattel Paper means any "chattel paper," as such term is defined in the Code, including electronic chattel paper, now owned or hereafter acquired by any Credit Party, wherever located.
Chattel Paper. Has the meaning given that term in the UCC.
Chattel Paper means a record or records that evidence both a monetary obligation and a security interest in specific goods, a security interest in specific goods and software used in the goods, a security interest in specific goods and license of software used in the goods, a lease of specific goods, or a lease of specific goods and license of software used in the goods. As used in this subdivision, "monetary obligation" means a monetary obligation secured by the goods or owed under a lease of the goods and includes a monetary obligation with respect to software used in the goods. The term does not include charters or other contracts involving the use or hire of a vessel, or records that evidence a right to payment arising out of the use of a credit or charge card or information contained on or for use with the card. If a transaction is evidenced by records that include an instrument or series of instruments, the group of records taken together constitutes chattel paper.
Chattel Paper means any “chattel paper,” as such term is defined in the UCC.
Chattel Paper means all "chattel paper," as such term is defined in the UCC, including electronic chattel paper, now owned or hereafter acquired by any Person.
Chattel Paper. Commercial Tort Claim”; “Commodity Account”; “Commodity Contract”; “Commodity Intermediary”; “Documents”; “Electronic Chattel Paper”; “Entitlement Order”; “Equipment”; “Financial Asset”; “Fixtures”; “Goods”, “Inventory”; “Letter-of-Credit Rights”; “Letters of Credit”; “Money”; “Payment Intangibles”; “Proceeds”; “ Records”; “Securities Account”; “Securities Intermediary”; “Security Entitlement”; “Supporting Obligations”; and “Tangible Chattel Paper.”