Examples of Pennsylvania UCC in a sentence
To the extent this Lease constitutes chattel paper, as that term is defined in the Uniform Commercial Code as adopted and in effect in the Commonwealth of Pennsylvania ("UCC"), no security interest in the Lease may be created through the transfer of possession of any counterpart other than the Lessor copy of the numbered Schedule.
If an Event of Default shall occur and be continuing, the Administrative Agent, on behalf of the Secured Parties, may exercise, in addition to all other rights and remedies granted to them in this Agreement and in any other instrument or agreement securing, evidencing or relating to the Obligations, all rights and remedies of a secured party under the Pennsylvania UCC or any other applicable law.
We express no opinion as to the validity or enforceability of any provisions of the Documents under which any party thereto disclaims any obligations of good faith, fair dealing, diligence, commercial reasonableness or care, or prior notice which are prescribed by the Pennsylvania UCC.
The Agent's sole duty with respect to the custody, safekeeping and physical preservation of the Collateral in its possession, under Section 9-207 of the Pennsylvania UCC or otherwise, shall be to deal with it in the same manner as the Agent deals with similar property for its own account.
The Administrative Agent’s sole duty with respect to the custody, safekeeping and physical preservation of the Collateral in its possession, under Section 9-207 of the Pennsylvania UCC or otherwise, shall be to deal with it in the same manner as the Administrative Agent deals with similar property for its own account.
Secured Party is hereby authorized to file financing statements and amendments to financing statements without Debtor's signature, in accordance with the Uniform Commercial Code as in effect on the date hereof in the Commonwealth of Pennsylvania ("UCC"), in any filing office as Secured Party, in its sole discretion may determine.
If an Event of Default shall occur and be continuing, the Agent, on behalf the Lenders, may exercise, in addition to all other rights and remedies granted to them in this Agreement and in any other instrument or agreement securing, evidencing or relating to the Obligations, all rights and remedies of a secured party under the Pennsylvania UCC or any other applicable law.
Upon such recording, the Collateral Trustee will continue to have a perfected security interest in those items of the Subject Collateral in which a security interest may be perfected under Article 9 of the Delaware UCC, the Pennsylvania UCC, the Virginia UCC, or the Tennessee UCC, as applicable, by the filing of a financing statement in the UCC Filing Offices.
SCHEDULE 1.02 TO CREDIT AGREEMENT Jurisdiction Filing/Search Type File No. and File Date Debtor Secured Party Collateral Description Recorder Fayette County, Pennsylvania UCC 201300009328 8/6/13 Viking Resources, LLC Xxxxx Fargo Bank, National Association, as Administrative Agent.
All terms (capitalized or otherwise) that are (a) now or hereafter defined in the Uniform Commercial Code (“UCC”) as in effect in the Commonwealth of Pennsylvania and (b) used herein, but not defined in this Agreement or in the Loan Agreement, shall have, in each such instance, the meanings specified in the Pennsylvania UCC, unless the context dictates otherwise.