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

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

Appears in 7 contracts

Samples: Revolving Facility Guarantee and Collateral Agreement (Houghton Mifflin Harcourt Co), Security Agreement (Houghton Mifflin Harcourt Co), Intellectual Property Security Agreement (HMH Holdings (Delaware), Inc.)

AutoNDA by SimpleDocs

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

Appears in 1 contract

Samples: Security Agreement (Diamond Resorts Parent, LLC)

Certification of Limited Liability Company Interests and Limited Partnership Interests. (a) Each Grantor acknowledges and agrees that each interest in any United States limited liability company or limited partnership which is a Subsidiary and pledged hereunder that is and represented by a certificate, certificate (i) 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, Uniform Commercial Code of any applicable jurisdiction and (ii) shall at all times hereafter be represented by a certificate, a “security” within certificate that is delivered to the meaning of Article 8 of Collateral Agent pursuant to the UCC and governed by Article 8 of the UCCterms hereof.

Appears in 1 contract

Samples: Patent Security Agreement (Claires Stores Inc)

Certification of Limited Liability Company Interests and Limited Partnership Interests. (a) Each Grantor acknowledges and agrees that (i) each interest in any limited liability company or limited partnership that is a Subsidiary of such Grantor and is pledged hereunder that is and 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 UCC, Uniform Commercial Code of any applicable jurisdiction and (ii) each such interest shall at all times hereafter be represented by a certificate, a “security” within the meaning of Article 8 of the UCC and governed by Article 8 of the UCC.

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (Medley Management Inc.)

AutoNDA by SimpleDocs

Certification of Limited Liability Company Interests and Limited Partnership Interests. (a) Each Grantor acknowledges and agrees that (i) each interest in any limited liability company or limited partnership which is a Subsidiary and pledged hereunder that and 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 UCC, Uniform Commercial Code of any applicable jurisdiction and (ii) each such interest shall at all times hereafter be represented by a certificate, a “security” within the meaning of Article 8 of the UCC and governed by Article 8 of the UCC.

Appears in 1 contract

Samples: Collateral Agreement (Wesco International Inc)

Certification of Limited Liability Company Interests and Limited Partnership Interests. (a) Each Grantor acknowledges and agrees that (i) each interest in any limited liability company or limited partnership now or hereafter Controlled by such Grantor, pledged hereunder that is and 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 UCC, UCC and (ii) each such interest shall at all times hereafter continue to be such a security and represented by a such certificate, a “security” within the meaning of Article 8 of the UCC and governed by Article 8 of the UCC.

Appears in 1 contract

Samples: Security Agreement (Diamond Resorts International, Inc.)

Time is Money Join Law Insider Premium to draft better contracts faster.