Kansas UCC definition
Examples of Kansas UCC in a sentence
If the Bank elects to foreclose on the Collateral or any portion thereof pursuant to Section 5 of this Agreement, Pledgor hereby waives pursuant to Section 9-624 of the Kansas Uniform Commercial Code (the "Kansas UCC"), notification of disposition of the Collateral under 9-611 of the Kansas UCC, the right to require mandatory disposition of the Collateral pursuant to Section 9-620(e) of the Kansas UCC and the right to redeem the Collateral under Section 9-623 of the Kansas UCC.
Furthermore, not later than 30 days after the Amendment Effective Date the Managing Facility Agent shall have received an executed legal opinion of special Kansas counsel to the Seller and Raytheon Credit regarding priority of perfection under the Kansas UCC, in form and substance acceptable to the Managing Facility Agent; non-delivery of such opinion within such time shall constitute an Amortization Event.