UCC Notice definition
Examples of UCC Notice in a sentence
Any transferee or pledgee of an Exchange Note will execute and deliver to the Administrative Agent a UCC Notice of Security Interest in substantially the form set forth as Exhibit B.
The Debtors scheduled a “Potential UCC Notice Claim Against M&T Bank” with an “unknown” value on their Schedule B.1 At the § 341 meeting of creditors (“§ 341 meeting”), the chapter 7 trustee, Michelle Vieira (“Trustee”), asked the Debtors:Q.
In conducting any public or private sale under the UCC, the Floor Plan Agent shall give the Formula Revolver Agent a UCC Notice of such sale as may be required by the applicable UCC; provided, however, that ten (10) Business Days’ notice shall be deemed to be commercially reasonable notice.
Liane McDonald alleges Wells Fargo did not comply with Pennsylvania UCC Notice of Sale requirements, breach of contract, and conversion.
Upon the endorsement and transfer of any Exchange Note, the transferee will execute and deliver (i) to the Administrative Agent a UCC Notice of Security Interest in substantially the form set forth as Exhibit B and (ii) to the Administrative Agent and each other party to the Intercreditor Agreement a Joinder Agreement in substantially the form attached as Exhibit A to the Intercreditor Agreement naming such holder as a “New Interest Holder” thereunder.
The failure of the Senior Agent to give any UCC Notice shall not affect the relative priorities of the Senior Agent’s Liens as provided herein or the validity or effectiveness of any notices or demands as against any Borrower or any Obligor and in no event will the Senior Agent or any Lender have any obligation to obtain the consent of any Second Lien Creditor with respect to any actions taken or contemplated to be taken (or not taken) with respect to any Enforcement Action.
Associate Members: Associate membership by females is permitted but shall be limited to a female spouse or “significant other” (girlfriend) of an active member in good standing.
In conducting any public or private sale under the UCC, the First Lien Agents shall give the Second Lien Agent such notice (a "UCC Notice") of such sale as may be required by the applicable UCC; provided, however, that 10 days' written notice shall be deemed to be commercially reasonable notice.
In conducting any public or private sale under the UCC, the Second Lien Trustee shall give (or instruct the Collateral Agent to give) the Credit Agreement Agent a UCC Notice; provided, however, that 10 days’ notice shall be deemed to be commercially reasonable notice.
In conducting any public or private sale under the UCC, the Second Lien Agent shall give the Third Lien Agent a UCC Notice; provided, however, that 10 days’ notice shall be deemed to be commercially reasonable notice.