Relevant UCC means the Uniform Commercial Code as in effect from time to time in any relevant jurisdiction.
Relevant UCC means the Uniform Commercial Code as in effect in any relevant jurisdiction. In the event that the Uniform Commercial Code as in effect on the date hereof in any relevant jurisdiction is revised subsequent to the date hereof, all references to specific sections of the Uniform Commercial Code shall be deemed to be references to the successor provisions of the Uniform Commercial Code.
Examples of Relevant UCC in a sentence
The Indenture Trustee may rely upon the Administrator with respect to the determination of whether the requirements of Section 8-401 or 8A-401, as applicable, of the Relevant UCC are met.
The Receivables constitute “tangible chattel paper” (as defined in the Relevant UCC).
The term “proceeds” shall have the meaning set forth in the Relevant UCC (unless otherwise defined herein).
This Agreement creates a valid and continuing “security interest” (as defined in the Relevant UCC) in the Receivables in favor of the Trust, which security interest is prior to all other Liens and is enforceable as such as against creditors of and purchasers from the Depositor.
The Indenture Trustee may conclusively rely upon the Administrator with respect to the determination of whether the requirements of Section 8-405 or 8A-405, as applicable, of the Relevant UCC are met.
More Definitions of Relevant UCC
Relevant UCC. The Uniform Commercial Code as in effect in the States of New York or Illinois, as applicable.
Relevant UCC means the Uniform Commercial Code as in effect in the State of New York; provided, however, that if by reason of mandatory provisions of law, the perfection or non-perfection of a security interest in any property conveyed hereunder is governed by the Uniform Commercial Code as in effect in a jurisdiction other than the State of New York, "UCC" shall mean the Uniform Commercial Code as in effect in such other jurisdiction for purposes of the provisions hereof relating to such perfection or non-perfection.
Relevant UCC means the UCC as in effect in the State of California and in the jurisdiction whose Law governs the perfection of the Buyer's ownership interests in the Historical Advances.
Relevant UCC means, with respect to any UCC Deposit Account Jurisdiction at any time, the Uniform Commercial Code as then in effect in such UCC Deposit Account Jurisdiction.
Relevant UCC means the Uniform Commercial Code as in effect from time to time in all applicablejurisdictions.
Relevant UCC means the Uniform Commercial Code, as in effect from time to time in the relevant jurisdictions. "Repurchase Event" shall have the meaning specified in Section 6.2. "Sale and Servicing Agreement" shall mean the Sale and Servicing Agreement, dated as of January 1, 1999, among Mitsubishi Motors Credit of America, Inc., as servicer, the Purchaser, as seller, and the Trust, as purchaser, as the same may from time to time be amended, supplemented or otherwise modified and in effect. "Schedule of Initial Receivables" shall mean, for purposes of this Agreement, the list of Initial Receivables (which list may be in the form of microfiche or compact disk) annexed hereto as Exhibit B. "Schedule of Receivables" shall mean, for purposes of this Agreement, the Schedule of Initial Receivables or any Schedule of Subsequent Receivables, as the context may require. "Schedule of Subsequent Receivables" shall mean, for purposes of this Agreement, any list of Subsequent Receivables (which list may be in the form of microfiche or compact disk) attached as Schedule A to the related First-Tier Subsequent Assignment. "Seller" shall mean Mitsubishi Motors Credit of America, Inc., a Delaware corporation, and its successors and assigns. "Subsequent Cutoff Date", with respect to any Subsequent Receivable, shall have the meaning specified in the related First-Tier Subsequent Assignment. "Subsequent Receivable" shall mean, for purposes of this Agreement, each motor vehicle retail installment sale contract described in a Schedule of Subsequent Receivables attached as Schedule A to a First-Tier Subsequent Assignment and all rights and obligations thereunder and any amendments, modifications or supplements to such motor vehicle retail installment sale contract. "Subsequent Receivables Purchase Price" shall have the meaning specified in Section 2.2(a). "Subsequent Transfer Date" shall mean, with respect to any Subsequent Receivable, the Business Day during the Pre-Funding Period on which the related First-Tier Subsequent Assignment is executed and delivered by the Seller to the Purchaser pursuant to Section 4.1(b)(iii)(A). "Trust" shall mean the MMCA Auto Owner Trust 1999-1 created by the Trust Agreement. "Trust Agreement" shall mean the Amended and Restated Trust Agreement, dated as of January 1, 1999, between the Purchaser, as depositor, and Wilmington Trust Company, as Owner Trustee, as the same may be from time to time amended, supplemented or otherwise modified and in effect. "Underwr...