Payment Intangibles definition

Payment Intangibles. “Proceeds”; “ Records”; “Securities Account”; “Securities Intermediary”; “Security Entitlement”; “Supporting Obligations”; and “Tangible Chattel Paper.”
Payment Intangibles means all "payment intangibles" as such term is defined in the UCC, now owned or hereafter acquired by any Person, including, a General Intangible under which the Account Debtor's principal obligation is a monetary obligation.
Payment Intangibles has the meaning specified in the UCC.

Examples of Payment Intangibles in a sentence

  • Rights After Default; Judicial Enforcement; Consignor or Buyer of Accounts, Chattel Paper, Payment Intangibles, or Promissory Notes.

  • ANNEX B-3 EXECUTIVE SUMMARY OF THE EUROPEAN UNION'S APPELLEE'S SUBMISSION1 1.

  • All Accounts and other rights to payment (including Payment Intangibles), whether or not earned by performance, including but not limited to, payment for property or services sold, leased, rented, licensed, or assigned.

  • The following terms which are defined in the Uniform Commercial Code are used herein as so defined: Accounts, Chattel Paper, Commercial Tort Claims, Deposit Accounts, Documents, Electronic Chattel Paper, Equipment, Financial Assets, Fixtures, General Intangibles, Goods, Instruments, Inventory, Investment Property, Letter-of-Credit Rights, Payment Intangibles, Proceeds, Promissory Notes, Records, Securities Accounts, Security, Security Entitlements, Supporting Obligations and Tangible Chattel Paper.

  • Accounts and Payment Intangibles Under the UCCThe Uniform Commercial Code (“UCC”), adopted in all 50 states, is a set of laws governing and providing uniformity in commercial transactions.12 Florida’s UCC provisions are codified in chapters 670-680 of the Florida Statutes.


More Definitions of Payment Intangibles

Payment Intangibles means "payment intangibles" as such term is defined in the UCC.
Payment Intangibles means all payment intangibles including, without limitation, "payment intangibles" as defined in the Code and also any general intangible under which the Account Debtor's primary obligation is a monetary obligation.
Payment Intangibles means all “payment intangibles” as defined in Article 9 of the UCC.
Payment Intangibles has the meaning assigned to such term in the Security Agreement.
Payment Intangibles means all of Borrower’s right, title and interest, whether now owned or hereafter acquired, in, to and under all “payment intangibles” as defined in the UCC.
Payment Intangibles. Proceeds", "Promissory Notes", "Security", "Record", "Security Account", "Software", and "Supporting Obligations".
Payment Intangibles means all "payment intangibles" as such term is defined in the Code, now owned or hereafter acquired by any Person.