Examples of UCC Filing Collateral in a sentence

Leverage (covenant defined earnings before interest, tax, depreciation, and amortisation divided by net cash) was less than zero (31 December 2022: less than zero), due to the Group’s net cash position, against a maximum permitted leverage of 3.5 times.
With respect to that portion of the Collateral as to which the filing of a financing statement is a permissible method of perfection (the "UCC Filing Collateral"), the security interest in favor of the Collateral Agent for the benefit of the Secured Parties in that portion of the UCC Filing Collateral which is described in the Financing Statements will be perfected upon filing of the Financing Statements in the Filing Office.
With respect to that portion of the Article 9 Collateral as to which the filing of a financing statement is a permissible method of perfection (the "UCC Filing Collateral"), the security interest in favor of the Collateral Agent for the benefit of the Bank Creditors in that portion of the UCC Filing Collateral which is described in the Financing Statement will be perfected upon filing of the Financing Statement in the Filing Office.

More Definitions of UCC Filing Collateral

UCC Filing Collateral. Collateral (other than fixtures) as to which filing financing statements under the Uniform Commercial Code of the applicable jurisdiction is an appropriate method of perfection of a security interest in such Collateral.

UCC Filing Collateral means Collateral, including Collateral constituting investment property, for which a security interest can be perfected by filing a UCC-1 financing statement. “Stock Certificates” means Collateral consisting of certificates representing Equity Interests of the Borrowers and the wholly owned Domestic Subsidiaries of the Loan Parties (other than Immaterial Subsidiaries) (provided that Holdings and the Borrowers shall not be required to deliver Stock Certificates constituting Excluded Property) for which a security interest can be perfected by delivering such certificates, together with undated stock powers or other appropriate instruments of transfer executed in blank for each such certificate.

UCC Filing Collateral means Collateral, including Collateral constituting investment property, for which a security interest can be perfected by filing a UCC-1 financing statement. “Stock Certificates” means Collateral consisting of certificates representing capital stock or other equity interests of the Borrowers and the wholly owned Domestic Subsidiaries of the Loan Parties (other than Immaterial Subsidiaries) and any FSHCO (provided that Holdings and the Borrowers shall not be required to deliver Stock Certificates of any FSHCO representing in excess of 65% of the voting capital stock of such FSHCO) for which a security interest can be perfected by delivering such certificates, together with undated stock powers or other appropriate instruments of transfer executed in blank for each such certificate.

UCC Filing Collateral means Collateral for which a security interest can be perfected by filing a Uniform Commercial Code financing statement.

UCC Filing Collateral means Collateral, including Collateral constituting investment property, for which a security interest can be perfected solely by filing a UCC-1 financing statement. “Stock Certificates” means Collateral consisting of certificates representing capital stock or other equity interests of each wholly-owned Material Subsidiary that is a Domestic Subsidiary and a Restricted Subsidiary (subject to the Collateral and Guarantee Requirement) for which a security interest can be perfected by delivering such certificates, together with undated stock powers or other appropriate instruments of transfer executed in blank for each such certificate.