Common use of Certification of Limited Liability Company and Limited Partnership Interests Clause in Contracts

Certification of Limited Liability Company and Limited Partnership Interests. (a) Each Grantor acknowledges and agrees that each interest in any limited liability company or limited partnership controlled by any Grantor and acquired after the Effective Date and constituting Pledged Collateral that is represented by a certificate, shall be a “security” within the meaning of Article 8 of the New York UCC and shall be governed by Article 8 of the New York UCC.

Appears in 4 contracts

Samples: Guarantee and Collateral Agreement (United Surgical Partners International Inc), Guarantee and Collateral Agreement (Usp Mission Hills, Inc.), Credit Agreement (United Surgical Partners International Inc)

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Certification of Limited Liability Company and Limited Partnership Interests. (a) Each The Grantor acknowledges and agrees that (i) each interest in any limited liability company or limited partnership controlled Controlled by any Grantor the Grantor, pledged hereunder and acquired after the Effective Date and constituting Pledged Collateral that is represented by a certificate, certificate shall be a “security” within the meaning of Article 8 of the New York UCC and shall be governed by Article 8 of the New York UCCUCC and (ii) each such interest shall at all times hereafter be represented by a certificate.

Appears in 4 contracts

Samples: Security Agreement (Madison Square Garden Co), Security Agreement (Madison Square Garden Co), Second Lien Guarantee and Collateral Agreement (RedPrairie Holding, Inc.)

Certification of Limited Liability Company and Limited Partnership Interests. (a) Each Grantor acknowledges and agrees that (i) each interest in any limited liability company or limited partnership controlled by any Grantor such Grantor, pledged hereunder and acquired after the Effective Date and constituting Pledged Collateral that is represented by a certificate, certificate shall be a “security” within the meaning of Article 8 of the New York UCC and shall be governed by Article 8 of the New York UCCUCC and (ii) each such interest shall at all times hereafter be represented by a certificate.

Appears in 3 contracts

Samples: Credit Agreement (Ryan's Restaurant Leasing Company, LLC), Guarantee and Collateral Agreement (Buffets Holdings, Inc.), Guarantee and Collateral Agreement (Ryan's Restaurant Leasing Company, LLC)

Certification of Limited Liability Company and Limited Partnership Interests. (a) Each Grantor acknowledges and agrees that (i) each interest in any limited liability company or limited partnership controlled Controlled by any Grantor such Grantor, pledged hereunder and acquired after the Effective Date and constituting Pledged Collateral that is represented by a certificate, certificate shall be a “security” within the meaning of Article 8 of the New York UCC and shall be governed by Article 8 of the New York UCCUCC and (ii) each such interest shall at all times hereafter be represented by a certificate.

Appears in 2 contracts

Samples: Second Lien Guarantee and Collateral Agreement (Jda Software Group Inc), First Lien Guarantee and Collateral Agreement (Jda Software Group Inc)

Certification of Limited Liability Company and Limited Partnership Interests. (a) Each Grantor acknowledges and agrees that each interest in any limited liability company or limited partnership controlled by any Grantor and acquired after the Effective Date and constituting Pledged Collateral pledged hereunder that is represented by a certificate, shall be a “security” within the meaning of Article 8 of the New York UCC and shall be governed by Article 8 of the New York UCC.

Appears in 2 contracts

Samples: Guarantee and Collateral Agreement (Ameripath Inc), Credit Agreement (AGA Medical Holdings, Inc.)

Certification of Limited Liability Company and Limited Partnership Interests. (a) Each Grantor acknowledges and agrees that (i) each interest in any limited liability company or limited partnership controlled by any Grantor and acquired after the Effective Date and constituting Pledged Collateral that is pledged hereunder shall be represented by a certificate, shall be a “security” within the meaning of Article 8 of the New York UCC and shall be governed by Article 8 of the New York UCCUCC and (ii) each such interest shall at all times thereafter be represented only by a certificate.

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (St. Louis Pharmaceutical Services, LLC)

Certification of Limited Liability Company and Limited Partnership Interests. (a) Each Grantor acknowledges The Grantors acknowledge and agrees agree that (i) each interest in any limited liability company or limited partnership controlled by any Grantor and acquired after the Effective Date and constituting Pledged Collateral that is a Domestic Subsidiary organized under the laws of the United States of America, any State thereof or the District of Columbia, pledged hereunder and represented by a certificate, shall be a “security” within the meaning of Article 8 of the New York UCC and shall be governed by Article 8 of the New York UCCUCC and (ii) each such interest shall at all times hereafter be represented by a certificate.

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (Ssa Global Technologies, Inc)

Certification of Limited Liability Company and Limited Partnership Interests. (a) Each Grantor acknowledges and agrees that each that, to the extent any membership interest in any limited liability company or partnership interest in any limited partnership controlled acquired by any such Grantor and acquired after the Effective Date and constituting Pledged Collateral that is represented by a certificate, Securities herein shall be a “security” within the meaning of Article 8 of the New York UCC and shall be governed by Article 8 of the New York UCC, such Grantor shall, to the extent permitted by applicable law, use commercially reasonable efforts to cause the issuer thereof to issue the corresponding certificates.

Appears in 1 contract

Samples: Guaranty and Collateral Agreement (Radiation Therapy Services Holdings, Inc.)

Certification of Limited Liability Company and Limited Partnership Interests. (a) Each Grantor acknowledges and agrees that (i) each interest in any limited liability company or limited partnership controlled wholly-owned by any Grantor and acquired after the Effective Issue Date and constituting Pledged Collateral that is pledged hereunder shall be represented by a certificate, shall be a “security” within the meaning of Article 8 of the New York UCC and shall be governed by Article 8 of the New York UCCUCC and (ii) each such interest shall at all times thereafter be represented only by a certificate.

Appears in 1 contract

Samples: Collateral Agreement (Us Oncology Corporate Inc)

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Certification of Limited Liability Company and Limited Partnership Interests. (a) Each Grantor acknowledges and agrees that (i) each interest in any limited liability company or limited partnership controlled by any Grantor the Grantor, pledged hereunder and acquired after the Effective Date and constituting Pledged Collateral that is represented by a certificate, certificate shall be a “security” within the meaning of Article 8 of the New York UCC and shall be governed by Article 8 of the New York UCCUCC and (ii) each such interest shall at all times hereafter be represented by a certificate.

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (American Media Operations Inc)

Certification of Limited Liability Company and Limited Partnership Interests. (a) Each Grantor acknowledges and agrees that (i) each interest in any limited liability company or limited partnership controlled wholly-owned by any Grantor and acquired after the Effective Date and constituting Pledged Collateral that is pledged hereunder shall be represented by a certificate, shall be a “security” within the meaning of Article 8 of the New York UCC and shall be governed by Article 8 of the New York UCCUCC and (ii) each such interest shall at all times thereafter be represented only by a certificate.

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (US Oncology Holdings, Inc.)

Certification of Limited Liability Company and Limited Partnership Interests. (a) Each Grantor acknowledges and agrees that each interest in any limited liability company or limited partnership controlled by any Grantor and acquired after the Effective Date and constituting Pledged Collateral pledged hereunder that is represented by a certificate, shall be a "security" within the meaning of Article 8 of the New York UCC and shall be governed by Article 8 of the New York UCC.

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (Select Specialty Hospital Topeka Inc)

Certification of Limited Liability Company and Limited Partnership Interests. (a) Each Grantor acknowledges and agrees that each interest in any limited liability company or limited partnership controlled by any Grantor and acquired after the Effective Date and constituting Pledged Collateral pledged hereunder that is represented by a certificate, shall be a “security” within the meaning of Article 8 of the New York UCC and shall be governed by Article 8 of the Uniform Commercial Code of the applicable jurisdiction shall at all times hereafter be represented by a certificate, a “security” within the meaning of Article 8 of the New York UCCUCC and governed by Article 8 of the Uniform Commercial Code of such jurisdiction.

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (Phelps Dodge Corp)

Certification of Limited Liability Company and Limited Partnership Interests. (a) Each Grantor acknowledges and agrees that each that, to the extent any membership interest in any limited liability company or partnership interest in any limited partnership controlled acquired by any such Grantor and acquired after the Effective Date and constituting Pledged Collateral that is represented by a certificate, Securities herein shall be a “security” within the meaning of Article 8 of the New York UCC and shall be governed by Article 8 of the New York UCC, such Grantor shall, to the extent permitted by applicable law, use reasonable best efforts to cause the issuer thereof to issue the corresponding certificates.

Appears in 1 contract

Samples: Collateral Agreement (Local Insight Yellow Pages, Inc.)

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