UCC Statements definition

UCC Statements has the meaning assigned to it in Section 3 of this Agreement.
UCC Statements has the meaning set forth in Section 3(a) this Agreement. Any accounting term used in this Agreement shall have, unless otherwise specifically provided therein, the meaning customarily given such term in accordance with generally accepted accounting principles in the United States (“GAAP”), and all financial computations hereunder shall be computed, unless otherwise specifically provided therein, in accordance with GAAP consistently applied; provided, that all financial covenants and calculations in this Agreement shall be made in accordance with GAAP as in effect on the date hereof unless Borrower and Lender shall otherwise specifically agree in writing. That certain items or computations are explicitly modified by the phrase “in accordance with GAAP” shall in no way be construed to limit the foregoing. All other undefined terms contained in this Agreement shall, unless the context indicates otherwise, have the meanings provided for by the UCC. The words “herein,” “hereof” and “hereunder” or other words of similar import refer to this Agreement as a whole, including the exhibits and schedules thereto, as the same may from time to time be amended, modified or supplemented, and not to any particular section, subsection or clause contained in this Agreement.
UCC Statements means, collectively, the UCC statements listed as items 21-23 of Schedule II of the Escrow Agreement.

Examples of UCC Statements in a sentence

  • Debtor hereby consents to the filing of UCC Statements by the Secured Party to reflect the security interest.

  • Without Xxxxxx’s prior written consent, Xxxxxxxx agrees not to file any corrective or termination statements or partial releases with respect to any UCC Statements filed by Lender pursuant to this Agreement.

  • Without Lender’s prior written consent, Borrower agrees not to file any corrective or termination statements or partial releases with respect to any UCC Statements filed by Lender pursuant to this Agreement.

  • One person is saying "black is black", another is saying "black is white", and another is saying "maybe it is a shade of grey".

  • At Lessee's expense, Lessor shall execute and deliver to Lessee such UCC Statements of Termination and xxxx of sale as reasonably may be required in order to terminate and convey any interest of Lessor in and to the Equipment.

  • Buyer shall use commercially reasonable efforts to (i) record the Assignments of Mortgages, Deeds and UCC Statements promptly after the Closing, and (ii) to ensure that all bills, services, and accounts pertaining to the maintenance, evaluation and operation of Mortgaged Properties are assumed by Buyer by the Servicing Transfer Date in the manner provided in this Agreement.

  • Reseller agrees that it will execute any UCC Statements or other documents evidencing Supplier’s security interest in the Products, upon request of Supplier.

  • Xxxxxx agrees, at the expense of Xxxxxxxx, to promptly terminate any UCC Statements filed by it describing the Collateral upon Payment In Full.

  • The Note shall be secured by a Security Agreement, UCC Statements, and Collateral Assignment of the Lease acquired by PURCHASER pursuant to paragraph 5.2, provided Landlord’s consent is obtained (the “Security Documents”) on all of the Assets transferred to PURCHASER.

  • The Filing Agent shall have acknowledged in writing (i) the Filing Agent’s receipt of all UCC Statements and (ii) that the UCC Statements have either been submitted for filing in the appropriate filing offices or will be submitted for filing in the appropriate offices within ten days following the Closing Date.

Related to UCC Statements

  • Closing Statements has the meaning set forth in Section 3.3(b).

  • Filing Statements is defined in Section 5.1.13.

  • Interim Statements means the quarterly financial statement of any insurance company as required to be filed with the Department, together with all exhibits or schedules filed therewith, prepared in conformity with SAP. References to amounts on particular exhibits, schedules, lines, pages and columns of such interim statements are based on the formats promulgated by the NAIC for 2012 interim statements for the applicable type of insurance company. If such format is changed in future years so that different information is contained in such terms or they no longer exist, it is understood that the reference is to information consistent with that recorded in the referenced item in the 2012 interim statement of the insurance company.

  • UCC Financing Statements means collectively the Lender Financing Statements and the Lessor Financing Statements.

  • Payoff statement means a written statement furnished by the mortgage servicer which sets forth all of the following:

  • Filing Statement means all UCC financing statements or other similar financing statements and UCC (Form UCC-3) termination statements required pursuant to the Loan Documents.

  • Audited Statements means the Consolidated balance sheets of the Borrower as at December 31, 2001, and the related Consolidated statements of income and cash flows of the Borrower for the fiscal year then ended, accompanied by the opinion thereon of the Borrower's independent public accountants.

  • Financing Statements The meaning specified in Section 9-102(a)(39) of the UCC.

  • Closing Financial Statements has the meaning set forth in Section 6.22.

  • UCC Searches has the meaning set forth in Section 3.1(v) hereof.

  • Accounting Statement means for each financial year, the following statements, namely-

  • Pre-Closing Statement has the meaning set forth in Section 2.4(a).

  • Closing Statement means the Closing Statement in the form on Annex A attached hereto.

  • UCC Financing Statement A financing statement filed, or to be filed, pursuant to the UCC.

  • Interim Financial Statements has the meaning set forth in Section 3.06.

  • Seller Financial Statements has the meaning set forth in Section 3.5(a).

  • Draft Closing Statement means a draft closing statement as of the close of business of the fifth (5th) Business Day immediately preceding the Closing Date setting forth an estimate of the Purchase Price (including all adjustments and prorations thereto).

  • Auditor’s Report means the auditor’s report on the Financial Report; “AEDT” means Australian Eastern Daylight Standard Time.

  • Closing Date Financial Statements has the meaning set forth in Section 2.3(a)(i).

  • Buyer Financial Statements shall have the meaning set forth in Section 4.6.

  • Listing Statement means the listing statement of Purchaser pertaining to the Transaction and in the form prescribed by the CSE;

  • Public statement means a statement made in the ordinary course of business of the public body with the intent that all other members of the public body receive it.

  • Billing Statement has the meaning assigned to such term in Section 2.18(g).

  • Post-Closing Statement has the meaning set forth in Section 3.3(c).

  • Statutory Statements has the meaning set forth in Section 3.6(a).

  • Statutory Financial Statements means, with respect to any Party, the annual and quarterly statutory financial statements of such Party filed with the Governmental Body charged with supervision of insurance companies in the jurisdiction of domicile of such Party to the extent such Party is required by Applicable Law to prepare and file such financial statements.