Examples of UCC in a sentence
Terms used herein that are defined in the UCC, unless otherwise defined herein, have the meanings specified in the UCC.
The Seller’s location (within the meaning of Article 9 of the UCC) is the State of Maryland.
DEFINITIONS 1 1.1 Defined Terms 1 1.2 Accounting Terms 31 1.3 Other Terms Defined in UCC 32 1.4 Other Definitional Provisions; Construction 32 1.5 Divisions 32 1.6 Rounding 33 1.7 Drafting Ambiguities 33 1.8 Time References 33 1.9 Satisfaction, Repayment, or Payment in Full 33 2.
All other capitalized words and phrases used herein and not otherwise specifically defined in this Agreement shall have the respective meanings assigned to such terms in the UCC, as amended from time to time, to the extent the same are used or defined therein; provided, that, to the extent that the UCC is used to define any term herein and such term is defined differently in different Articles of the UCC, the definition of such term contained in Article 9 of the UCC shall govern.
The Loan Parties acknowledge and agree that there are obligations secured under this Agreement for purposes of Section 9-513 of the UCC until all requirements set forth in this Section 1.9 have been satisfied or waived by the Lender.