Security Interest Consent. If any Member grants a security interest in any Membership Interest, upon request by such Member, each other Member will execute and deliver to any person holding such security interest (for itself and/or for the benefit of other lenders) such acknowledgments, consents or other instruments as such person may reasonably request to confirm that such grant and any foreclosure or other exercise of remedies in respect of such Membership constitutes a Permitted Transfer under this Agreement.
Appears in 7 contracts
Samples: Limited Liability Company Agreement (Bloom Energy Corp), Limited Liability Company Agreement (Bloom Energy Corp), Limited Liability Company Agreement (Bloom Energy Corp)
Security Interest Consent. If any Member grants a security interest in any Membership InterestInterest to a Class A Approved Transferee, upon request by such Member, each other Member will execute and deliver to any person such Class A Approved Transferee holding such security interest (for itself and/or for the benefit of other lenders) such acknowledgments, consents or other instruments as such person Class A Approved Transferee may reasonably request to confirm that such grant and any foreclosure or other exercise of remedies in respect of such Membership constitutes a Permitted Transfer under this Agreement.
Appears in 3 contracts
Samples: Limited Liability Company Agreement (Ormat Technologies, Inc.), Operation and Maintenance Agreement (Ormat Technologies, Inc.), Limited Liability Company Agreement (Ormat Technologies, Inc.)
Security Interest Consent. If any Member grants a security interest in any Membership InterestInterest in a Permitted Transfer, upon request by such Member, each other Member will execute and deliver to any person holding such security interest (for itself and/or for the benefit of other lenders) such acknowledgments, consents or other instruments as such person may reasonably request to confirm that such grant and any foreclosure or other exercise of remedies in respect of such Membership constitutes a Permitted Transfer under under, and subject to the terms of, this Agreement.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Bloom Energy Corp), Limited Liability Company Agreement (Bloom Energy Corp)
Security Interest Consent. If any Member grants a security interest in any Membership Interest, upon request by such Member, each other Member will execute and deliver to any person Person holding such security interest (for itself and/or for the benefit of other lenders) such acknowledgments, consents or other instruments as such person Person may reasonably request to confirm that such grant and any foreclosure or other exercise of remedies in respect of such Membership constitutes a Permitted Transfer under this Agreement.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Ormat Technologies, Inc.)
Security Interest Consent. If any Member grants a security interest in any Membership InterestInterest to a Class A Approved Transferee, upon request by such Member, each other Member will execute and deliver to any person such Class A Approved Transferee holding such security interest (for itself and/or for the benefit of other lenders) such acknowledgments, consents or other instruments as such person Class A Approved Transferee may reasonably request to confirm that such grant and any foreclosure or other exercise of remedies in respect of such Membership constitutes a Permitted Transfer under this Agreement.. ARTICLE X
Appears in 1 contract
Samples: Operation and Maintenance Agreement
