Common use of Terminology; Conflicts Clause in Contracts

Terminology; Conflicts. Capitalized terms that are not otherwise defined in this Agreement shall have the meanings set forth in the Note. Other terms used in this Agreement shall have the meanings set forth in the Uniform Commercial Code as in effect in the State of Michigan on the date of this Agreement. In the event of a conflict between the terms of this Agreement and the Note, the terms of the Note control.

Appears in 2 contracts

Samples: Security Agreement (Xg Sciences Inc), Security Agreement (Xg Sciences Inc)

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Terminology; Conflicts. Capitalized terms that are not otherwise defined in this Agreement shall have the meanings set forth in the Note. Other terms used in this Agreement shall have the meanings set forth in the Uniform Commercial Code as in effect in the State of Michigan on the date of this Agreement. In the event of a conflict between the terms of this Agreement and the Note, the terms of the Note will control.

Appears in 2 contracts

Samples: Security Agreement (Xg Sciences Inc), Pledge Agreement (Xg Sciences Inc)

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