Common use of Rights Under Uniform Commercial Code Clause in Contracts

Rights Under Uniform Commercial Code. Secured Party shall have all of the rights and remedies of a secured party under the Uniform Commercial Code of the State of New York and of any state in which Collateral is located from time to time.

Appears in 2 contracts

Sources: Loan Agreement (New York Restaurant Group Inc), Loan Agreement (Smith & Wollensky Restaurant Group Inc)