UCC Classification. The Transferred Containers constitute “goods” or “inventory” within the meaning of the applicable UCC. The Leases constitute “tangible chattel paper” within the meaning of the UCC. The lease receivables constitute “accounts” or “proceeds” of the Leases with the meaning of the UCC;
Appears in 4 contracts
Samples: Contribution and Sale Agreement (CAI International, Inc.), Contribution and Sale Agreement (CAI International, Inc.), Container Sale Agreement (Cronos Group)
UCC Classification. The Transferred Containers constitute “"goods” " or “"inventory” " within the meaning of the applicable UCC. The Leases constitute “"tangible chattel paper” " within the meaning of the UCC. The lease receivables constitute “"accounts” " or “"proceeds” " of the Leases with the meaning of the UCC;
Appears in 1 contract
Samples: Purchase Agreement (Cronos Group)
