Payment intangible means a general intangible under which the account debtor's principal obligation is a monetary obligation.
Payment intangible means a general intangible under which
Payment intangible shall have the meaning given that term in the UCC and shall also mean any General Intangible under which the Account Debtor’s primary obligation is a monetary obligation.
Examples of Payment intangible in a sentence
Answer: "Payment intangible" means a general intangible under which the account debtor's principal obligation is a monetary obligation.
The Commission then undertook a comprehensive review of the published practices of trade associations.
More Definitions of Payment intangible
Payment intangible means a general intangible
Payment intangible means a general intangible under which the account debtor's
Payment intangible shall have the meaning specified in Article 9 of the UCC.
Payment intangible shall have the meaning specified in the UCC.
Payment intangible means “payment intangible,” as such term is defined in Section 9-102(a)(61) of the UCC (or any other then applicable provision of the UCC).
Payment intangible means a general intangible under which the account debtor's principal obligation is a monetary obligation. The term includes a controllable payment intangible.
Payment intangible. “Proceeds”, “Promissory Note”, “Software” and “Tangible Chattel Paper” have the respective meanings set forth in Article 9 of the NYUCC, and the terms “Certificated Security”, “Entitlement Holder”, “Financial Asset”, “Instruction”, “Securities Account”, “Security”, “Security Certificate”, “Security Entitlement” and “Uncertificated Security” have the respective meanings set forth in Article 8 of the NYUCC.