Common use of UCC Status Clause in Contracts

UCC Status. No Receivable is secured by "real property" or "fixtures" or evidenced by an "instrument" under and as defined in the UCC.

Appears in 6 contracts

Samples: Indenture and Servicing Agreement (MCM Capital Group Inc), Indenture and Servicing Agreement (MCM Capital Group Inc), Indenture and Servicing Agreement (MCM Capital Group Inc)

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UCC Status. No Receivable is secured by "real property" or "fixtures" ---------- or evidenced by an "instrument" under and as defined in the UCC. Each Receivable is either an "account" or a "general intangible" as defined in the UCC.

Appears in 1 contract

Samples: Indenture and Servicing Agreement (Creditrust Corp)

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UCC Status. No such Receivable is secured by "real property" or "fixtures" or evidenced by an "instrument" under and as defined in the UCC.

Appears in 1 contract

Samples: Indenture and Servicing Agreement (Creditrust Corp)

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