Common use of Terms Defined in the Uniform Commercial Code Clause in Contracts

Terms Defined in the Uniform Commercial Code. Terms used herein that are defined in Article 9 of the UCC but not otherwise defined in this Agreement (such as “account”, “chattel paper”, “commercial tort claim”, “deposit account”, “document”, “equipment”, “fixtures”, “general intangibles”, “goods”, “instruments”, “inventory”, “investment property”, “letter-of-credit rights”, “proceeds” and “supporting obligations”) shall have the respective meanings given such terms in Article 9 of the UCC.

Appears in 3 contracts

Samples: Security Agreement (Manaris Corp), Security Agreement (Integrated Biopharma Inc), Security Agreement (Echo Therapeutics, Inc.)

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Terms Defined in the Uniform Commercial Code. Terms used herein that are defined in Article 9 of the UCC but not otherwise defined in this Agreement (such as “account”, “chattel paper”, “commercial tort claim”, “deposit account”, “document”, “equipment”, “fixtures”, “general intangibles”, “goods”, “instruments”, “inventory”, “investment property”, “letter-of-credit rights”, “proceeds” and “supporting obligations”) shall have the respective meanings given such terms in Article 9 of the UCC.. (b)

Appears in 1 contract

Samples: Security Agreement (Integrated Biopharma Inc)

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