Common use of UCC Notices Clause in Contracts

UCC Notices. In the event that any Secured Party shall be required by the UCC or any other applicable law to give notice to any other Secured Party of any intended disposition of Collateral, such notice shall be given in accordance with Section 3.1 hereof and ten (10) days' notice shall be deemed to be commercially reasonable.

Appears in 1 contract

Samples: Intercreditor Agreement (Acme Metals Inc /De/)

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UCC Notices. In the event that any Secured Party shall be ----------- required by the UCC or any other applicable law to give notice to any other Secured Party of any intended disposition of Collateral, such notice shall be given in accordance with Section 3.1 hereof and ten five (105) days' notice shall be deemed to be commercially reasonable.

Appears in 1 contract

Samples: 3 Intercreditor Agreement (Sheffield Steel Corp)

UCC Notices. In the event that any Secured Party shall be required by the UCC or any other applicable law to give notice to any the other Secured Party of any an intended disposition of all or any portion of the Collateral, such notice shall be given in accordance with Section 3.1 hereof SECTION 9.11 and ten (10) days' notice shall be deemed to be commercially reasonable. The execution of this Agreement by the Administrative Agent and the Trustee shall be deemed to be each party's notice to the other parties hereto of a claim of an interest in the Collateral for the purposes of Section 9-621 of the UCC.

Appears in 1 contract

Samples: Pledge, Security and Intercreditor Agreement (Roadway Corp)

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UCC Notices. In the event that any Secured Party shall be required by the UCC or any other applicable law to give notice to any other Secured Party of any intended disposition of Collateral, such notice shall be given in accordance with Section 3.1 3.16 hereof and ten (10) days' ’ notice shall be deemed to be commercially reasonable.

Appears in 1 contract

Samples: Intercreditor Agreement (Horizon Group Properties Inc)

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