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

• The certificated interests shall be in “registered form” within the meaning of Article 8 of the Delaware UCC.

• The interest of each Member in the Company shall be an “uncertificated security” governed by Article 8 of the Delaware UCC and the UCC as enacted in the State of New York (the “New York UCC”), including, without limitation, (i) for purposes of the definition of a “security” thereunder, the interest of each Member in the Company shall be a security governed by Article 8 of the Delaware UCC and the New York UCC and (ii) for purposes of the definition of an “uncertificated security” thereunder.

• Any requirement of the Kentucky UCC or the Delaware UCC for reasonable notice shall be met if such notice is mailed, postage pre-paid, to the Makers at least five (5) days prior to the time of the event given rise to the requirement of notice.

• The interest of each Member in the Company shall be a “certificated security” governed by Article 8 of the Delaware UCC and the UCC as enacted in the State of New York (the “New York UCC”), including, without limitation, (i) for purposes of the definition of a “security” thereunder, the interest of each Member in the Company shall be a security governed by Article 8 of the Delaware UCC and the New York UCC and (ii) for purposes of the definition of a “certificated security” thereunder.

• Insofar as Article 9 of the Delaware UCC is applicable (without regard to conflict of laws principles), the Delaware Secretary of State is the appropriate place to file a financing statement to perfect a security interest except for as-extracted collateral or timber to be cut (as described in Section 9-501(a)(1)(A) of the Delaware UCC) or fixture filings where the collateral is goods that are or are to become fixtures (as described in Section 9-501(a)(1)(B) of the Delaware UCC).

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, 26020000 xxx 20000000 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 means the Uniform Commercial Code as in effect from time to time in the State of Delaware.

Delaware UCC is defined in Section 4.1(h).

Delaware UCC means the Uniform Commercial Code as in effect on the date hereof in the State of Delaware, and (iii) “District of Columbia UCC” shall mean the UCC as in effect on the date hereof in the District of Columbia (in each case, without regard to laws referred to in Section 9-201 thereof). All opinions expressed in this letter concerning the laws of the Province of Ontario and the federal laws of Canada applicable in Ontario have been given by members of the Law Society of Upper Canada and all opinions concerning the laws of the State of New York and the federal laws of the United States have been given by members of the New York State Bar.

Delaware UCC means the UCC as in effect on the date hereof in the State of Delaware;

Delaware UCC shall have the meaning specified in Section 7.18(l).

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: