Uniform Commercial Code Terms. All terms used herein and defined in the Uniform Commercial Code as adopted in the Commonwealth of Pennsylvania from time to time (the “Uniform Commercial Code”) shall have the meaning given therein unless otherwise defined herein. Without limiting the foregoing, the terms “accounts”, “chattel paper”, “instruments”, “general intangibles”, “payment intangibles”, “supporting obligations”, “securities”, “investment property”, “documents”, “deposit accounts”, “software”, “letter of credit rights”, “inventory”, “equipment” and “fixtures”, as and when used in the description of Collateral shall have the meanings given to such terms in Articles 8 or 9 of the Uniform Commercial Code. To the extent the definition of any category or type of collateral is expanded by any amendment, modification or revision to the Uniform Commercial Code, such expanded definition will apply automatically as of the date of such amendment, modification or revision.
Appears in 5 contracts
Sources: Revolving Credit and Security Agreement (Research Pharmaceutical Services, Inc.), Revolving Credit and Security Agreement (Akrion, Inc.), Revolving Credit and Security Agreement (Akrion, Inc.)
Uniform Commercial Code Terms. All terms used herein and defined in the Uniform Commercial Code as adopted in the Commonwealth State of Pennsylvania New York from time to time (the “Uniform Commercial Code”) shall have the meaning given therein unless otherwise defined herein. Without limiting the foregoing, the terms “accounts”, “chattel paper”, “instruments”, “general intangibles”, “payment intangibles”, “supporting obligations”, “securities”, “investment property”, “documents”, “deposit accounts”, “software”, “letter of credit rights”, “inventory”, “equipment” and “fixtures”, as and when used in the description of Collateral shall have the meanings given to such terms in Articles 8 or 9 of the Uniform Commercial Code. To the extent the definition of any category or type of collateral is expanded by any amendment, modification or revision to the Uniform Commercial Code, such expanded definition will apply automatically as of the date of such amendment, modification or revision.
Appears in 5 contracts
Sources: Revolving Credit and Security Agreement (Zanett Inc), Revolving Credit and Security Agreement (Fairchild Corp), Export Import Revolving Credit and Security Agreement (Fairchild Corp)
Uniform Commercial Code Terms. All terms used herein and defined in the Uniform Commercial Code as adopted in the Commonwealth State of Pennsylvania New York from time to time (the “"Uniform Commercial Code”") shall have the meaning given therein unless otherwise defined herein. Without limiting the foregoing, the terms “"accounts”", “"chattel paper”", “"instruments”", “"general intangibles”", “"payment intangibles”", “"supporting obligations”", “"securities”", “"investment property”", “"documents”", “"deposit accounts”", “"software”", “"letter of credit rights”", “"inventory”", “"equipment” " and “"fixtures”", as and when used in the description of Collateral shall have the meanings given to such terms in Articles 8 or 9 of the Uniform Commercial Code. To the extent the definition of any category or type of collateral is expanded by any amendment, modification or revision to the Uniform Commercial Code, such expanded definition will apply automatically as of the date of such amendment, modification or revision.
Appears in 3 contracts
Sources: Revolving Credit and Security Agreement (Small World Kids Inc), Term Loan and Security Agreement (Air Industries Group, Inc.), Revolving Credit, Term Loan, Equipment Line of Credit and Security Agreement (Ashlin Development Corp)
Uniform Commercial Code Terms. All terms used herein and defined in the Uniform Commercial Code as adopted in the Commonwealth State of Pennsylvania New York from time to time (the “Uniform Commercial Code”) shall have the meaning given therein unless otherwise defined herein. Without limiting the foregoing, the terms “accounts”, “chattel paper”, “instruments”, “general intangibles”, “payment intangibles”, “supporting obligations”, “securities”, “investment property”, “documents”, “deposit accounts”, “software”, “letter of credit rights”, “inventory”, “equipment” and “fixtures”, as and when used in the description of Collateral shall have the meanings given to such terms in Articles 8 or 9 of the Uniform Commercial Code. To the extent the definition of any category or type of collateral is expanded by any amendment, modification or revision to the Uniform Commercial Code, such expanded definition will apply automatically as of the date of such amendment, modification or revision.
Appears in 2 contracts
Sources: Securities Purchase Agreement (Tel Instrument Electronics Corp), Securities Purchase Agreement (Tel Instrument Electronics Corp)
Uniform Commercial Code Terms. All terms used herein and defined in the Uniform Commercial Code as adopted in the Commonwealth of Pennsylvania from time to time (the “"Uniform Commercial Code”") shall have the meaning given therein unless otherwise defined herein. Without limiting the foregoing, the terms “"accounts”", “"chattel paper”", “"instruments”", “"general intangibles”", “"payment intangibles”", “"supporting obligations”", “"securities”", “"investment property”", “"documents”", “"deposit accounts”", “"software”", “"letter of credit rights”", “"inventory”", “"equipment” " and “"fixtures”", as and when used in the description of Collateral shall have the meanings given to such terms in Articles 8 or 9 of the Uniform Commercial Code. To the extent the definition of any category or type of collateral is expanded by any amendment, modification or revision to the Uniform Commercial Code, such expanded definition will apply automatically as of the date of such amendment, modification or revision.
Appears in 1 contract
Sources: Revolving Credit and Security Agreement (Compudyne Corp)
Uniform Commercial Code Terms. All terms used herein and defined in the Uniform Commercial Code as adopted in the Commonwealth State of Pennsylvania New Jersey from time to time (the “Uniform Commercial Code”) shall have the meaning given therein unless otherwise defined herein. Without limiting the foregoing, the terms “accounts”, “chattel paper”, “instruments”, “general intangibles”, “payment intangibles”, “supporting obligations”, “securities”, “investment property”, “documents”, “deposit accounts”, “software”, “letter of credit rights”, “inventory”, “equipment” and “fixtures”, as and when used in the description of Collateral shall have the meanings given to such terms in Articles 8 or 9 of the Uniform Commercial Code. To the extent the definition of any category or type of collateral is expanded by any amendment, modification or revision to the Uniform Commercial Code, such expanded definition will apply automatically as of the date of such amendment, modification or revision.
Appears in 1 contract
Sources: Revolving Credit and Security Agreement (Berliner Communications Inc)
Uniform Commercial Code Terms. All terms used herein and defined ----------------------------- in the Uniform Commercial Code as adopted in the Commonwealth State of Pennsylvania New York from time to time (the “"Uniform Commercial Code”") shall have the meaning given therein unless otherwise defined herein. Without limiting the foregoing, the terms “"accounts”", “"chattel paper”", “"instruments”", “"general intangibles”", “"payment intangibles”", “"supporting obligations”", “"securities”", “"investment property”", “"documents”", “"deposit accounts”", “"software”", “"letter of credit rights”", “"inventory”", “"equipment” " and “"fixtures”", as and when used in the description of Collateral shall have the meanings given to such terms in Articles 8 or 9 of the Uniform Commercial Code. To the extent the definition of any category or type of collateral Collateral is expanded by any amendment, modification or revision to the Uniform Commercial Code, such expanded definition will apply automatically as of the date of such amendment, modification or revision.
Appears in 1 contract
Sources: Revolving Credit, Term Loan and Security Agreement (Air Methods Corp)