Delaware UCC definition
Delaware UCC means the Uniform Commercial Code as in effect in the State of Delaware from time to time.
Delaware UCC means the Uniform Commercial Code as in effect on the Closing Date in the State of Delaware.
Delaware UCC means the Uniform Commercial Code as in effect on the date hereof in the State of Delaware (without regard to laws referenced in Section 9-201 thereof).
Examples of Delaware UCC in a sentence
No governmental approvals, authorizations, consents, orders or other actions or filings, other than filings under the Storm Recovery Law or with the Secretary of State of the State of South Carolina or the Delaware UCC, are required for the Seller to execute, deliver and perform its obligations under this Sale Agreement except those which have previously been obtained or made or are required to be made by the Servicer in the future pursuant to the Servicing Agreement.
More Definitions of Delaware UCC
Delaware UCC means the Uniform Commercial Code as in effect on the date hereof in the State of Delaware (without regard to laws referenced in Section 9-201 thereof); (iii) "UCC" means the New York UCC and the Delaware UCC, as applicable; (iv) "Federal Book-Entry Regulations" means the United States Department of the Treasury's regulations governing the transfer and pledge of marketable securities issued by the U.S. Treasury and maintained in the form of entries in the TRADES book-entry system in the records of the federal reserve banks and set forth in 61 Fed. Reg. 43626 (1996) (codified at 31 C.F.R. Part 357), and the United States Department of Housing and Urban Development's regulations governing the transfer and pledge of securities issued by the Federal National Mortgage Association ("FNMA") or the Federal Home Loan Mortgage Corporation ("FHLMC") in each case maintained in the form of entries in the records of federal reserve banks and set forth in 62 Fed. Reg. 28975 (1996) (codified at 24 C.F.R. Part 81); (v) "Securities Intermediary" means Bank of Tokyo-Mitsubishi Trust Company, solely in its capacity as a "securities intermediary" as defined in the UCC; and (vi) "Securities Accounts" means account numbers 26024578, 26024586, 26024594, 26024608, 26024616, 26024624, 2602▇▇▇▇ ▇▇▇ 2▇▇▇▇▇▇▇ established at the Securities Intermediary which we have been informed are, respectively, the Collection Account, the Note Payment Account, the Payahead Account, the Reserve Account, the Yield Supplement Account, the Pre-Funding Account, the Reinvestment Account and the Negative Carry Account established pursuant to the Sale and Servicing Agreement, to the extent such accounts are subject to Article 8 or 9 of the UCC or the Federal Book-Entry Regulations. We express no opinion as to the laws of any jurisdiction other than (i) the UCC, (ii) for purposes of opinion paragraphs 9 and 10, the Delaware Business Trust Act, and (iii) with respect to opinion paragraphs 13 and 14, the Federal Book-Entry Regulations. Based upon the foregoing and subject to the limitations, qualifications, exceptions and assumptions set forth herein, we are of the opinion that:
Delaware UCC has the meaning set forth in Section 2.7 hereof.
Delaware UCC is defined in Section 4.1(h).
Delaware UCC shall have the meaning set forth in Section 4.2. “Direct Edge” shall have the meaning set forth in the recitals.
Delaware UCC means the UCC as in effect on the date hereof in the State of Delaware;
Delaware UCC the Uniform Commercial Code (“UCC”) as from time to time in effect in the State of Delaware. Terms used herein which are defined in the Delaware UCC and not otherwise defined herein shall have the respective meanings ascribed to such terms in the Delaware UCC.
Delaware UCC means the Uniform Commercial Code as in effect on the date hereof in the State of Delaware, "UCC" means the New York UCC or the Delaware UCC, as applicable (without regard to laws referenced in Section 9-201 thereof) and (iv) "Initial Receivables" means that portion of the Receivables identified on the Schedule of Receivables attached as Exhibit B to the Purchase Agreement on the date hereof. We express no opinion as to the laws of any jurisdiction other than the UCC. Based upon the foregoing and subject to the limitations, qualifications, exceptions and assumptions set forth herein, we are of the opinion that: