Instrument or Chattel Paper. Such Receivable constitutes an “instrument” or “chattel paper” as defined in the UCC of each State the law of which governs the perfection of the interest granted in it and/or the priority of such perfected interest.
Appears in 16 contracts
Samples: Receivables Sale Agreement (GE TF Trust), Receivables Sale Agreement (GE TF Trust), Receivables Sale Agreement (GE TF Trust)
Instrument or Chattel Paper. Such Receivable Each [Loan] [Receivable] constitutes an “instrument” or “chattel paper” as defined in the UCC of each State the law of which governs the perfection of the interest granted in it and/or the priority of such perfected interest.
Appears in 4 contracts
Samples: Receivables Purchase and Sale Agreement (GECB Equipment Funding, LLC), Receivables Purchase and Sale Agreement (Cef Equipment Holding LLC), Receivables Sale Agreement (GECB Equipment Funding, LLC)
