Commercial Tort Claim definition

Commercial Tort Claim means a claim arising in tort with respect to which:
Commercial Tort Claim has the meaning set forth in Article 9 of the UCC.
Commercial Tort Claim shall have the meaning given that term in the UCC.

Examples of Commercial Tort Claim in a sentence

  • As of the Amendment Effective Date, Concessionaire has no rights in any Commercial tort claim with potential value in excess of $500,000.

  • If Concessionaire shall obtain an interest in any Commercial tort claim with a potential value in excess of $500,000, Concessionaire shall within 30 days of obtaining such interest sign and deliver documentation acceptable to the Security Trustee granting a security interest under the terms and provisions of this Agreement in and to such Commercial tort claim and the proceeds thereof (including by updating Appendix D hereto).

  • Goods that are the subject of a consignment.9 (13) 'Commercial tort claim' means a claim arising in tort with respect to10 which:11 a.


More Definitions of Commercial Tort Claim

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.”
Commercial Tort Claim. Commodity Account”, “Document”, “Equipment”, “Farm Products”, “Fixtures”, “General Intangible”, “Goods”, “Instrument”, “Inventory”, “Letter-of-Credit Right”, “Money”, “Payment Intangibles”, “Securities Account”, “Securities Intermediary”, “Security”, “Supporting Obligation”, and “Uncertificated Security”.
Commercial Tort Claim means any “commercial tort claim,” as such term is defined in Section 9-102(a)(13) of the UCC (or any other then applicable provision of the UCC).
Commercial Tort Claim means a claim arising in tort with
Commercial Tort Claim means a claim arising in tort with respect to which: (a) the claimant is an organization; or (b) the claimant is an individual and the claim: (i) arose in the course of the claimant’s business or profession; and (ii) does not include damages arising out of personal injury to or the death of an individual.
Commercial Tort Claim means a claim arising in
Commercial Tort Claim. Deposit Account”, “Documents”, “Electronic Chattel Paper”, “Equipment”, “Farm Products” “Fixture”, “General Intangible”, “Goods”, “Instrument”, “Inventory”, “Investment Company Security”, “Investment Property”, “Letter of Credit Rights”, “Proceeds”, “Record”, “Registered Organization”, “Securities Account”, “Securities Entitlement”, “Securities Intermediary”, “Security”, “Supporting Obligation”, “Tangible Chattel Paper”, and “Uncertificated Security”.