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 Uniform Commercial Code, 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

  • 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 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.

  • They could change the governing law to that of another UCC Jurisdiction for existing transactions or provide for a governing law of another UCC Jurisdiction for future transactions, in each case if the UCC Jurisdiction bears a reasonable relation to the transaction.

  • Given these choice-of-law rules, many mezzanine debt financings will not be captured by the Bill, either because the security agreement is governed by the law of another UCC Jurisdiction or because the Debtor is “located” in another UCC Jurisdiction.

  • 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.

  • The Debtor could also change the Debtor’s location for existing transactions to another UCC Jurisdiction or establish a location in another UCC Jurisdiction for future transactions.

  • In fact, the parties could agree to an exclusive forum in another UCC Jurisdiction or to a non-exclusive forum other than New York.

  • 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.

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

Related to UCC Jurisdiction

  • Base jurisdiction means the member jurisdiction, selected in accordance with the plan, to which an applicant applies for apportioned registration under the plan or the member jurisdiction that issues apportioned registration to a registrant under the plan.

  • Home jurisdiction means the jurisdiction that issued the driver's license of the traffic violator.

  • Applicable Jurisdiction means the jurisdiction or jurisdictions under which the Borrower is organized, domiciled or resident or from which any of its business activities are conducted or in which any of its properties are located and which has jurisdiction over the subject matter being addressed.

  • Uniform Commercial Code jurisdiction means any jurisdiction that has adopted all or substantially all of Article 9 as contained in the 2000 Official Text of the Uniform Commercial Code, 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.

  • Eligible Jurisdiction means Australia, Canada, Cayman Islands, Germany, Ireland, Luxembourg, New Zealand, Sweden, Switzerland, The Netherlands, the United Kingdom and the United States.

  • Jurisdiction means a province or territory of Canada except when used in the term foreign jurisdiction;

  • Pertinent Jurisdiction in relation to a company, means:

  • Local jurisdiction means the jurisdiction in which the Canadian securities regulatory authority is situate;

  • Authority Having Jurisdiction means a federal, state, local, or other regional department, or an individual such as a fire marshal, building official, electrical inspector, utility provider or other individual having statutory authority.

  • Original Jurisdiction means, in relation to an Obligor, the jurisdiction under whose laws that Obligor is incorporated as at the date of this Agreement.

  • Non-Cooperative Jurisdiction means any foreign country that has been designated as noncooperative with international anti-money laundering principles or procedures by an intergovernmental group or organization, such as the Financial Task Force on Money Laundering, of which the U.S. is a member and with which designation the U.S. representative to the group or organization continues to concur;

  • Court of competent jurisdiction means a federal court, or a state court that entered an order in a child custody proceeding involving an Indian child, as long as the state court had proper subject matter jurisdiction in accordance with this chapter and the laws of that state, or a tribal court that had or has exclusive or concurrent jurisdiction pursuant to 25 U.S.C. Sec. 1911.

  • primary insolvency jurisdiction means the Contracting State in which the centre of the debtor’s main interests is situated, which for this purpose shall be deemed to be the place of the debtor’s statutory seat or, if there is none, the place where the debtor is incorporated or formed, unless proved otherwise;

  • Relevant Jurisdiction means, with respect to a party, the jurisdictions (a) in which the party is incorporated, organised, managed and controlled or considered to have its seat, (b) where an Office through which the party is acting for purposes of this Agreement is located, (c) in which the party executes this Agreement and (d) in relation to any payment, from or through which such payment is made.

  • Property Jurisdiction means the jurisdiction in which the Land is located.

  • Courts means the Ontario Court, the Quebec Court and the BC Court.

  • Other jurisdiction means one of the other forty-nine states,

  • Partner Jurisdiction means a jurisdiction that has in effect an agreement with the United States to facilitate the implementation of FATCA. The IRS shall publish a list identifying all Partner Jurisdictions.

  • Reporting Jurisdictions means British Columbia and Alberta;

  • Offering Jurisdictions means the United States and the Qualifying Jurisdictions;

  • Taxing Jurisdiction is defined in Section 13.

  • Judicial Code means title 28 of the United States Code, 28 U.S.C. §§ 1–4001.

  • Selling Jurisdictions means, collectively, each of the Qualifying Jurisdictions and may also include, the United States and any other jurisdictions outside of Canada and the United States as mutually agreed to by the Corporation and the Underwriters;

  • foreign jurisdiction means a country other than Canada or a political subdivision of a country other than Canada;

  • Partner Jurisdiction Financial Institution means (i) any Financial Institution established in a Partner Jurisdiction, but excluding any branch of such Financial Institution that is located outside the Partner Jurisdiction, and (ii) any branch of a Financial Institution not established in the Partner Jurisdiction, if such branch is located in the Partner Jurisdiction.

  • Covered Jurisdiction means the United States (or any state or commonwealth thereof or the District of Columbia).

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