UCC Jurisdiction definition

UCC Jurisdiction means any Uniform Commercial Code jurisdiction in which the filing of a UCC Financing Statement is effective to perfect a security interest in the Collateral under this Agreement, the Security Agreement, or any other Loan Document.
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UCC Jurisdiction means any jurisdiction that has adopted all or substantially all of Article 9 as contained in the 2000 Official Text of the UCC, as recommended by the National Conference of Commissioners on Uniform State Laws and the American Law Institute, together with any subsequent amendments or modifications to the Official Text.
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Examples of UCC Jurisdiction in a sentence

  • The Borrower shall deliver to the Lenders, with a copy to the Agents, such legal opinions and other documentation as either Agent or the Required Lenders shall reasonably request in connection with their consideration or approval of any proposed transfer of Collateral outside a Permitted UCC Jurisdiction.

  • The Borrower shall deliver to the Administrative Agent such legal opinions addressed to the Lenders and other documentation as the Administrative Agent, or the Required Lenders shall reasonably request in connection with their consideration or approval of any proposed transfer of Collateral outside a Permitted UCC Jurisdiction.

  • Solely with respect to the Tranche A-3 Loans, the Vendor Product for which the purchase price is to be paid with the proceeds of such Borrowing is intended to be used in a Permitted UCC Jurisdiction.

  • The Borrower shall deliver to the Administrative Agent such legal opinions addressed to the Lenders and other documentation as the Administrative Agent or the Required Lenders shall reasonably request in connection with their consideration or approval of any proposed transfer of Collateral outside a Permitted UCC Jurisdiction.

  • Pledgor hereby irrevocably authorizes Agent at any time and from time to time to file in any filing office in any UCC Jurisdiction any initial financing statements and amendments thereto that (a) describe the Pledged Collateral and (b) contain any other information required by part 5 of Article 9 of the UCC for the sufficiency or filing office acceptance of any financing statement or amendment.

  • Each Debtor also ratifies its authorization for the Secured Party to have filed in any UCC Jurisdiction any like initial financing statements or amendments thereto if filed prior to the date hereof.