New York UCC definition

New York UCC. The UCC as in effect on the Closing Date in the State of New York, and as may be amended from time to time.

Examples of New York UCC in a sentence

  • Any sale pursuant to the provisions of this Section 5.01 shall be deemed to conform to the commercially reasonable standards as provided in Section 9-610(b) of the New York UCC or its equivalent in other jurisdictions.

  • The term “instrument” shall have the meaning specified in Article 9 of the New York UCC.

  • Any sale pursuant to the provisions of this Section 4.01 shall be deemed to conform to the commercially reasonable standards as provided in Section 9-610(b) of the New York UCC or its equivalent in other jurisdictions.

  • Terms used in clause (i) above that are defined in the New York UCC and not otherwise defined herein shall have the meaning set forth in the New York UCC.

  • The Administrative Agent’s sole duty with respect to the custody, safekeeping and physical preservation of the Collateral in its possession, under Section 9-207 of the New York UCC or otherwise, shall be to deal with it in the same manner as the Administrative Agent deals with similar property for its own account.


More Definitions of New York UCC

New York UCC means the UCC in effect in the State of New York.
New York UCC has the meaning set forth in Section 5.8(b) of the Base Indenture.
New York UCC means the New York Uniform Commercial Code.
New York UCC shall have the meaning set forth in Section 16.17.
New York UCC. The UCC as in effect on the Closing Date in the State of New York, and as may be amended from time to time. Non-Subvented Receivable: A Receivable that was or will be acquired or originated by Ally Bank or its Affiliates that is not a Subvented Receivable.
New York UCC means the Uniform Commercial Code as in effect on the date hereof in the State of New York (without regard to laws referenced in Section 9-201 thereof). Based upon the foregoing and subject to the limitations, qualifications, exceptions and assumptions set forth herein, we are of the opinion that:
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