Relevant UCC State definition

Relevant UCC State means all jurisdictions where UCC filing is required to perfect and maintain the security interest of the Trustee.

Relevant UCC State means each jurisdiction in which the filing of a UCC financing statement is necessary or desirable to perfect the Company's interest in the Receivables.

Relevant UCC State means the State of Delaware and each jurisdiction in which the filing of a UCC financing statement is necessary to perfect the ownership interest and security interest of the Transferor pursuant to the Purchase Agreement or the ownership or security interest of the Trustee established under this Agreement.

Examples of Relevant UCC State in a sentence

• The Seller will take no action to cause any Receivable to be evidenced by any instrument (as defined in the UCC as in effect in the Relevant UCC State), except in connection with the enforcement or collection of a Receivable.

• The Transferor will take no action to cause any Receivable to be evidenced by any instrument (as defined in the UCC as in effect in the Relevant UCC State).

• The Transferor will take no action to cause any Receivable to be evidenced by any instrument (as defined in the UCC as in effect in the Relevant UCC State), except in connection with the enforcement or collection of a Receivable.

• For the purposes of Sections 2.4(d)(i) and 2.4(d)(ii), proceeds of a Receivable shall not be deemed to be impaired hereunder solely because such proceeds are held by the Servicer for more than the applicable period under Section 9-306(3) of the UCC as in effect in the Relevant UCC State.

• For the purposes of Sections 2.4(d)(i) and 2.4(d)(ii), proceeds of a Receivable shall not be deemed to be impaired hereunder solely because such proceeds are held by the Servicer for more than the applicable period under Section 9-315 of the UCC as in effect in the Relevant UCC State.

More Definitions of Relevant UCC State

Relevant UCC State means each jurisdiction in which the filing of a UCC financing statement is necessary to perfect the ownership interest of the Issuer pursuant to the security interest granted to the Issuer or the Trustee.

Relevant UCC State means all jurisdictions where a UCC filing is required to perfect and maintain the security interest of the Trustee in the Receivables and the proceeds thereof.

Relevant UCC State means all jurisdictions where a UCC filing is required to perfect and maintain the security interest of the trustee of the FNANB Credit Card Master Trust, or on and after the Certificate Trust Termination Date, the Issuer in the Receivables and the proceeds thereof.

Relevant UCC State means the States of New York and Michigan, as applicable.

Relevant UCC State means each jurisdiction in which the filing of a UCC financing statement is necessary to evidence the security interest of the Trustee established under this Agreement. "Removal Date" shall have the meaning specified in Section 2.10. "Removed Accounts" shall have the meaning specified in Section 2.10. "Removed Participation Interests" shall have the meaning specified in Section 2.10. "Required Designation Date" shall have the meaning specified in subsection 2.9(a). "Required Minimum Principal Balance" shall mean, with respect to any date, (a) the sum of the numerators used in the Principal Allocation Percentage for each Series outstanding on such date minus (b) the Special Funding Amount minus (c) the amount on deposit in the Principal Funding Account for each Series outstanding on such date minus (d) the amount on deposit in the Pre-Funding Account for each Series outstanding on such date. "Required Transferor Amount" shall mean, with respect to any date, the sum of the Series Required Transferor Amounts for all Series outstanding on such date. "Requirements of Law" shall mean any law, treaty, rule or regulation, or determination of an arbitrator or Governmental Authority, whether Federal, state or local (including usury laws, the Federal Truth in Lending Act and Regulation B and Regulation Z of the Board of Governors of the Federal Reserve System), and, when used with respect to any Person, the certificate of formation, certificate of incorporation and by-laws or other organizational or governing documents of such Person. "Responsible Officer" shall mean, when used with respect to (i) the Trustee, any officer within the Corporate Trust Office of the Trustee including any vice president, assistant vice president, assistant treasurer, assistant secretary, trust officer or any other officer of the Trustee customarily performing functions similar to those performed by the persons who at the time shall be such officers or to whom any corporate trust matter is referred at the Corporate Trust Office because of such officer's knowledge of and familiarity with the particular subject or (ii) the Transferor, a senior officer of the Transferor with oversight and supervisory responsibilities over the Transferor's performance of its obligations hereunder.

Relevant UCC State means the States of New York and Texas.

Relevant UCC State means each jurisdiction in which the filing of a Code financing statement is necessary to perfect the ownership interest and security interest of the Buyer established under this Agreement.