Commercial Transactions Act definition

Commercial Transactions Act means Act No. 208 of August 17, 1995, as amended, known as the “Commercial Transactions Act of the Commonwealth of Puerto Rico.”
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Commercial Transactions Act and "UCC" shall mean the Uniform Commercial Code.
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Commercial Transactions Act means the Uniform Commercial Code of Florida, codified in Chapter 679, Florida Statutes, as amended, and in effect from time to time in Florida.
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Examples of Commercial Transactions Act in a sentence

  • The Contractor acknowledges that it is a large company governed by the Payment Terms in Commercial Transactions Act of 8th of March, 2013..

  • The Client declares that it is/is not (delete as appropriate) a large company governed by the Payment Terms in Commercial Transactions Act of 8th of March, 2013 The Client agrees to pay the amount due to the bank account of Contractor maintained at mBank, No. 93 1140 1010 0000 5244 2000 1009 (USD); No. 66 1140 1010 0000 5244 2000 1010 (EUR) by transfer, within 7 working days before the first broadcast, and immediately send a copy of the transfer to the Contractor.

  • The Contractor acknowledges that it is a large company governed by the Payment Terms in Commercial Transactions Act of 8th of March, 2013.

  • With respect to the UCC-3 Amendments, Plaintiff further asserts that later UCC-3 amendment filings were insufficient to cure the defects in the 2008 UCC-1 filings because thelater filings did not reference the official legal name of the debtor entity, which had been changed in the interim.Puerto Rico first adopted its version of Article 9 of the Uniform Commercial Code (the “UCC”), known as the Commercial Transactions Act of 1996 (“Former PR UCC”), on September 19, 1996.

  • The Client declares that it is/is not (delete as appropriate) a large company governed by the Payment Terms in Commercial Transactions Act of 8th of March, 2013.

  • The day of payment is the day of crediting the account of PCCI.3. PCCI is entitled to charge on amounts due unpaid on time by the Customer statutory interest for late payment per each day of delay, in the amount equal to the sum of the reference rate of the National Bank of Poland (NBP) and 8 percentage points annually, in accordance with the Payment Terms in Commercial Transactions Act.

  • On February 5, 2008, the Borrower filed before the Department of State a Financing Statement registered under #2008009289 in favor of Doral, under Affidavit Number 30,454, in accordance with Chapter 9 of the Commercial Transactions Act.

  • Those transactions covered by the Commercial Transactions Act shall be applicable to, including "any transaction (regardless of its form) which is intended to create a security interest in personal property or fixtures including goods, documents, instruments, general intangibles, chattel paper or accounts." 19 L.P.R.A. § 2002(a).

  • Office: CM/28-C, Ist Floor, Gagan Enclave,Amrit Nagar, G.T. Road, Ghaziabad -201 009 (U.P.)Dated: May 21, 2013 DIRECTORS’ REPORT To the Members, Your Directors have pleasure in presenting the 72nd Annual Report on the business and operations of the Company together with Audited Statements of Accounts for the financial year ended 31st March, 2013.

  • Commercial Transactions Act (known in the Spanish language as the "Ley de Transacciones Comerciales"), 19 L.P.R.A. §§ 401 etseq., was enacted through Law No. 208 of August 17, 1995 (hereafter referenced to as the "PR-UCC").


More Definitions of Commercial Transactions Act

Commercial Transactions Act means the Uniform Commercial Code of Florida, codified in Chapter 679, Florida Statutes, as amended, and in effect from time to time in Florida. “Default” shall mean any event which, with the giving of notice or the lapse of time, or both, would, unless cured or waived, become an Event of Default. “Default Interest Rate” means the rate of interest of Seventeen Percent ( 17%) per annum. “Distillery” means that certain 17,500, plus or minus, square foot plant located on the Property and all equipment and licenses (now or hereafter obtained) associated with the Property. “Distillery Purchase Contract” means that certain Contract to be entered into between Panache Distillery, LLC as Buyer and Xxxxxxx Joint Venture, V-3 Ventures, LLC and Empire Joint Venture, a Florida general partnership as Sellers involving the acquisition of the Property and the Distillery. “Eligible Institution” shall mean any of :(a) a depository institution or trust company insured by the Federal Deposit Insurance Corporation, (b) a brokerage firm insured by the Securities Investor Protection Corporation, (c) the short term unsecured debt obligations or commercial paper of which are rated at least "A-I+" (or its equivalent) from two (2) of the Rating Agencies in the case of accounts in which funds are held for thirty (30) days or less and (d) the senior unsecured debt obligations of which are rated at least "A" (or its equivalent) from two (2) of the Rating Agencies in the case of accounts in which funds are held for more than thirty (30) days or (e) such other Approved Depository institution as shall be selected by Borrower, subject to approval by Lender, such approval not to be unreasonably withheld, from time to time. X.X. Xxxxxx & Company shall be deemed to be approved by the Lender. “ERISA” means the Employee Retirement Income Security Act of 1974, as amended from time to time, and the rules and regulations promulgated thereunder, and published interpretations thereof. “Escrow Agent” shall mean Chicago Title Insurance Company, 00000 XX 00xx Xxxxxx, Xxxxx 000, Xxxxxx, Xxxxxxx 00000. “Event of Default” means any of the events specified in Article 8. “Excess Cash Flow” shall mean the amount, determined for any monthly accounting period during the term of the Loan, equal to the excess of gross revenues derived from operation in the ordinary course of business for that period, above: (i) the operating costs for the business which are paid or properly accrued during that period, including ...
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Related to Commercial Transactions Act

  • Financial Transaction means purchase, redemption, exchange or any other transaction involving the movement of Shares initiated by an End-User.

  • Material Transaction means any material transaction in which the Company or any of its subsidiaries proposes to engage or is engaged, including a purchase or sale of assets or securities, financing, merger, consolidation, tender offer or any other transaction that would require disclosure pursuant to the Exchange Act, and with respect to which the Board of Directors of the Company reasonably has determined in good faith that compliance with this Agreement may reasonably be expected to either materially interfere with the Company's or such subsidiary's ability to consummate such transaction in a timely fashion or require the Company to disclose material, non-public information prior to such time as it would otherwise be required to be disclosed.

  • WHS Act means the Work Health and Safety (National Uniform Legislation) Act 2011 (NT) and includes subordinate legislation made under that Act including regulations and approved codes of practice as well as any amendment, re-enactment or replacement of such Act ; and

  • Cannabis Act means An Act respecting cannabis and to amend the Controlled Drugs and Substances Act, the Criminal Code and other Acts, S.C. 2018, c. 16, as amended from time to time.

  • OHS Act means the Occupational Health and Safety Act 2004;

  • Securities Financing Transactions Regulation means Regulation (EU) 2015/2365 of the European Parliament and of the Council of 25 November 2015 on transparency of securities financing transactions and of reuse and amending Regulation (EU) No 648/2012;

  • Public Works Act means the Public Works Xxx 0000;

  • PPS Act means the Personal Property Securities Act 2009 (Cth).

  • Labour Relations Act means the Labour Relations Act, 1995 (Act No. 66 of 1995);

  • FCC Regulations means the regulations duly and lawfully promulgated by the FCC, as in effect from time to time.

  • Pawn transaction means the same as that term is defined in Section 13-32a-102.

  • FAIS Act means the Financial Advisory and Intermediary Services Act, 2002 (Act No. 37 of 2002);

  • EC Merger Regulation means Council Regulation (EC) No 139/2004 of January 20, 2004 on the control of concentrations between undertakings, as amended.

  • CFTC Regulations means the rules and regulations promulgated by the CFTC, as amended.

  • HSR Act means the Xxxx-Xxxxx-Xxxxxx Antitrust Improvements Act of 1976, as amended.

  • Electronic Transactions Act means the Electronic Transactions Act (As Revised) of the Cayman Islands.

  • Manufactured-home transaction means a secured transaction:

  • the 1998 Act means the Social Security Act 1998;

  • the 1991 Act means the Water Industry Act 1991(a);

  • Communications Act means the Communications Act of 1934, and any similar or successor federal statute, and the rules and regulations of the FCC thereunder, all as amended and as the same may be in effect from time to time.

  • FDA Act means the U.S. Federal Food, Drug and Cosmetic Act, as amended, and the rules and regulations promulgated thereunder.

  • Banks Act means the Banks Act, 1990 (Act No. 94 of 1990);

  • Companies Act means the Companies Act, 71 of 2008;

  • Foreign Corrupt Practices Act means the Foreign Corrupt Practices Act of the United States, 15 U.S.C. Sections 78a, 78m, 78dd-1, 78dd-2, 78dd-3, and 78ff, as amended, if applicable, or any similar law of the jurisdiction where the Property is located or where the Company or any of its Subsidiaries transacts business or any other jurisdiction, if applicable.

  • Consumer transaction means a transaction in which (i) an individual incurs an obligation primarily for personal, family, or household purposes, (ii) a security interest secures the obligation, and (iii) the collateral is held or acquired primarily for personal, family, or household purposes. The term includes consumer-goods transactions.

  • Fair Labor Standards Act means the Fair Labor Standards Act, 29 U.S.C. §201 et seq.