Relevant UCC definition

Relevant UCC means the Uniform Commercial Code as in effect in the applicable jurisdiction.

Examples of Relevant UCC in a sentence

  • Pursuant to 11U.S.C. §363(p)(2), IDB as Agent has the burden of proof regarding the validity, priority or extent of its lien.3. Relevant UCC Provisions In a prior decision, this Court ruled that Medallion and North Mill purchased participations in specific loans made by the Debtor to third parties.

  • All terms used in Article 9 of the Relevant UCC, and not specifically defined herein, are used herein as defined in such Article 9.

  • The Servicer shall take no action to cause any Loan to be evidenced by any instrument (as defined in the UCC as in effect in the Relevant UCC).

  • For the purposes of subsections 2.4(d)(i) and 2.4(d)(ii) above, proceeds of a Receivable shall not be deemed to be impaired hereunder solely because such proceeds are held by the Servicer for more than the applicable period under Section 9-306(3) of the UCC as in effect in the Relevant UCC State.

  • Company will transparently disclose to the borrower all information about fees / charges payable for processing the loan application, the amount of fees refundable if loan amount is not sanctioned / disbursed, pre-payment options and charges, if any, penalty for delayed repayment if any, conversion charges for switching loan from fixed to floating rates or vice-versa, existence of any interest reset clause and any other matter which affects the interest of the borrower.


More Definitions of Relevant UCC

Relevant UCC means the Uniform Commercial Code as in effect in any relevant jurisdiction. In the event that the Uniform Commercial Code as in effect on the date hereof in any relevant jurisdiction is revised subsequent to the date hereof, all references to specific sections of the Uniform Commercial Code shall be deemed to be references to the successor provisions of the Uniform Commercial Code.
Relevant UCC means the Uniform Commercial Code as in effect in any applicable jurisdiction.
Relevant UCC means the Uniform Commercial Code as in effect in the State of New York; provided, however, that if by reason of mandatory provisions of law, the perfection or non-perfection of a security interest in any property conveyed hereunder is governed by the Uniform Commercial Code as in effect in a jurisdiction other than the State of New York, "UCC" shall mean the Uniform Commercial Code as in effect in such other jurisdiction for purposes of the provisions hereof relating to such perfection or non-perfection.
Relevant UCC. The Uniform Commercial Code as in effect in the States of New York or Illinois, as applicable.
Relevant UCC means, with respect to any UCC Deposit Account Jurisdiction at any time, the Uniform Commercial Code as then in effect in such UCC Deposit Account Jurisdiction.
Relevant UCC means the UCC as in effect in the State of California and in the jurisdiction whose Law governs the perfection of the Buyer's ownership interests in the Historical Advances.
Relevant UCC means the Uniform Commercial Code as in effect from time to time in all applicable