Highlights of the Proposed Revision of Article 9 of the UCC purchase money priority does not apply to construction mortgages or deeds filing of the financing statement in the office where one would file a mortgage ... CM Tatelbaum - 《Com.l.j》 被引量: 0发表: 1970年 加载更多研究...
Open Search Use ofUCC Statementsin a Clause See AllUCC Statementsclauses UCC Statementshas the meaning assigned to itin Section 3ofthis Agreement. Sample 1Sample 2 UCC Statementshas the meaning set forth in Section 3(a) this Agreement. Anyaccounting termused in this Agreementshall have, unless...
The UCC-1 statement serves as alienon securedcollateral, where the components and filing procedures are comparable to the lien requirements in residential mortgage loan contracts. The UCC-1 statement is a directive of the Uniform Commercial Code (UCC), which governs business deals and activities in...
As an example, say that a lender gives you a loan to construct a storage shed on your property. The lender then files a UCC-1 financing statement with the secretary of state listing you as the debtor and the storage shed as collateral. If you decide to sell the storage shed before payi...
Sample 1 Examples ofUCC 4Ain a sentence All terms used in this Funds Transfer Services Schedule shall have the meaning set forth in Article 4A of the Uniform Commercial Code as currently in effect in the State of New York (UCC 4A) unless otherwise set forth herein. ...
UCC Filing Collateralmeans any Collateral, including Collateral constituting investment property, for which a security interest can be perfected by filing a UCC-1 financing statement. First Priority Documentsmeans the First Priority Agreement, each First Priority Security Document and each First Priority ...