Noncash proceeds means proceeds other than cash proceeds.
Noncash proceeds means proceeds other than cash pro- ceeds.
Noncash proceeds means proceeds other
Examples of Noncash proceeds in a sentence
The cash proceeds realized from the sale of any Collateral shall be applied to the Obligations in the order set forth in Section 11.5. Noncash proceeds will only be applied to the Obligations as they are converted into cash.
More Definitions of Noncash proceeds
Noncash proceeds means proceeds other than cash proceeds. (59)(a) "Obligor" means a person who, with respect to an obligation
Noncash proceeds shall have the meaning set forth in Article 9 of the New York UCC.
Noncash proceeds has the meaning given to such term in the UCC.
Noncash proceeds shall have the meaning set forth in the UCC.
Noncash proceeds means proceeds other than cash proceeds. “Obligor” means a person that, with respect to an obligation secured by
Noncash proceeds means proceeds other than cash proceeds. 41 (59) "Obligor" means a person that, with respect to an obligation 42 secured by a security interest in or an agricultural lien on 43 the collateral, (i) owes payment or other performance of the 44 obligation, (ii) has provided property other than the colla- 45 teral to secure payment or other performance of the obli- 46 gation, or (iii) is otherwise accountable in whole or in 47 part for payment or other performance of the obligation. The 48 term does not include issuers or nominated persons under a 49 letter of credit. 50 (60) "Original debtor", except as used in Section 9--310(c), 51 means a person that, as debtor, entered into a security
Noncash proceeds means proceeds other than cash proceeds. (59) "Obligor" means a person that, with respect to an obligation secured by a security interest in or an agricultural lien on the collateral, (i) owes payment or other performance of the obligation, (ii) has provided property other than the collateral to secure payment or other performance of the obligation, or (iii) is otherwise accountable in whole or in part for payment or other performance of the obligation. The term does not include issuers or nominated persons under a letter of credit. (60) "Original debtor," except as used in Section 9-310(c), means a person that, as debtor, entered into a security agreement to which a new debtor has become bound under Section 9-203(d). (61) "Payment intangible" means a general intangible under which the account debtor's principal obligation is a monetary obligation. (62) "Person related to," with respect to an individual, means: (A) the spouse of the individual; (B) a brother, brother-in-law, sister, or sister-in-law of the individual; (C) an ancestor or lineal descendant of the individual or the individual's spouse; or (D) any other relative, by blood or marriage, of the individual or the individual's spouse who shares the same home with the individual. (63) "Person related to," with respect to an organization, means: (A) a person directly or indirectly controlling, controlled by, or under common control with the organization; (B) an officer or director of, or a person performing similar functions with respect to, the organization; (C) an officer or director of, or a person performing similar functions with respect to, a person described in subparagraph (A); (D) the spouse of an individual described in subparagraph (A), (B), or (C); or (E) an individual who is related by blood or marriage to an individual described in subparagraph (A), (B), (C), or (D) and shares the same home with the individual. (64) "Proceeds," except as used in Section 9-609(b), means the following property: (A) whatever is acquired upon the sale, lease, license, exchange, or other