Common use of Uniform Commercial Code and PPSA Clause in Contracts

Uniform Commercial Code and PPSA. As used herein, the following terms are defined in accordance with the UCC in effect in the State of New York (and with respect to any Canadian Credit Party, such definition or correlative terms (if existing) under the PPSA shall be defined in accordance with the PPSA) from time to time: “Chattel Paper,” “Contract,” “control,” “Deposit Account” (which shall specifically include any Account with a deposit function), “Document” (“document of title” as defined in the PPSA), “Equipment,” “General Intangibles (“intangibles” as defined in the PPSA),” “Location” and “Instrument.”

Uniform Commercial Code and PPSA. As used herein, the following terms are defined in accordance with the UCC in effect in the State of New York (and with respect to any Canadian Credit Party, such definition or correlative terms (if existing) under the PPSA shall be defined in accordance with the PPSA) from time to time: “Chattel Paper,” “ContractCommercial Tort Claim,” “controlContract,” “Deposit Account,” (which shall specifically include any Account with a deposit function), “Document” (“document of title” as defined in the PPSA), “Equipment,” “General Intangibles (“intangibles” as defined in the PPSA),” “LocationGoods” and “Instrument.”

Uniform Commercial Code and PPSA. As used herein, the following terms are defined in accordance with the UCC in effect in the State of New York (and with respect to any Canadian Credit Party, such definition or correlative terms (if existing) under the PPSA shall be defined in accordance with the PPSA) from time to time: “"Chattel Paper,” “" "Contract,” “" "control,” “" "Deposit Account” " (which shall specifically include any Account with a deposit function), “"Document” " (“"document of title” " as defined in the PPSA), “"Equipment,” “" "General Intangibles (“"intangibles” " as defined in the PPSA),” “" "Location” " and “"Instrument.”"