lessee in the ordinary course of business

A person that, in good faith and without knowledge that the lease is in violation of a third party’s ownership rights, security interest, or leasehold interest, leases in the ordinary course from a person in the business of selling or leasing goods of that kind. UCC § 2A-103(o).

• The UCC specifically excludes pawnbrokers from the definition.

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词条贡献者

法律翻译Dan，在一家专注于能源领域的国际律师事务所担任全职法律翻译，擅长翻译有关新兴技术领域的法律文件。