Relevant UCC State definition

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 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 to perfect the ownership interest of the Issuer pursuant to the security interest granted to the Issuer or the Trustee.

Examples of Relevant UCC State in a sentence

• For the purposes of subsections 2.4(d)(i) and 2.4(d)(ii) above, 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.

• Company will transparently disclose to the borrower all information about fees / charges payable for processing the loan application, the amount of fees refundable if loan amount is not sanctioned / disbursed, pre-payment options and charges, if any, penalty for delayed repayment if any, conversion charges for switching loan from fixed to floating rates or vice-versa, existence of any interest reset clause and any other matter which affects the interest of the borrower.

• The Servicer 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).

• If this Agreement constitutes the grant of a security interest to the Trust in such property, upon the filing of the applicable financing statements and in the case of the Receivables hereafter created and proceeds thereof upon such creation, the Trust shall have a first priority perfected security inter- est in such property and the proceeds thereof (to the extent set forth in Section 9-306 of the UCC in effect in the Relevant UCC State), except for Liens permitted under subsection 2.5(b) hereunder.

• The Trustee does hereby reconvey to the Transferor, without recourse, representation or warranty, on and after the Removal Date, all right, title and interest of the Trust in and to the Receivables now existing and hereafter created in the Removed Accounts designated hereby, all monies due or to be come due with respect thereto (including all Finance Charge Receivables) and all proceeds (as defined in Section 9-306 of the UCC as in effect in the Relevant UCC State) of such Receivables.

More Definitions of Relevant UCC State

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 Pooling and Servcing Agreement or the ownership or security interest of the Trustee established under the Pooling and Servcing Agreement.

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. The States of New York and Texas.

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