Common use of Status Under the Uniform Commercial Code Clause in Contracts

Status Under the Uniform Commercial Code. Membership Interests shall be deemed to be securities governed by Article 8 of the Uniform Commercial Code as in effect from time to time in the State of Delaware. The Membership Interests are not evidenced by certificates, and will not be evidenced by certificates. The Company is not authorized to issue certificated interests. The Company will keep a register of Membership Interests, in which it will record all transfers of Membership Interests.

Appears in 1 contract

Sources: Purchase and Sale Agreement (NextEra Energy Partners, LP)

Status Under the Uniform Commercial Code. Membership All Interests in the Company shall be deemed to be securities governed by Article 8 of the Uniform Commercial Code as in effect from time to time in the State of Delaware. The Membership Interests are not evidenced by certificates, and will remain not be evidenced by certificates. The Company is not authorized to issue certificated interestsInterests. The Company will keep a register of Membership the Members’ Interests, in which it will record all transfers Transfers of Membership InterestsMembers’ Interests made in accordance with Article VII of this Agreement.

Appears in 1 contract

Sources: Limited Liability Company Operating Agreement

Status Under the Uniform Commercial Code. Membership All Interests shall be deemed to in the Company will be securities governed by Article 8 of the Uniform Commercial Code as in effect from time to time in the State of Delaware. The Membership Interests are not evidenced by certificates, and will remain not be evidenced by certificates. The Company is not authorized to issue certificated interestsInterests. The Company will keep a register of Membership the Members’ Interests, in which it will record all transfers Transfers of Membership InterestsMembers’ Interests made in accordance with Article VIII of this Agreement.

Appears in 1 contract

Sources: Individual Series Limited Liability Company Agreement (Freeport Holdings Series LLC)

Status Under the Uniform Commercial Code. Membership All Interests in the Company shall be deemed to be securities governed by Article 8 of the Uniform Commercial Code as in effect from time to time in the State of Delaware. The Membership Interests are not evidenced by certificates, and will remain not be evidenced by certificates. The Company is not authorized to issue certificated interestsInterests. The Company will keep a register of Membership the Members’ Interests, in which it will record all transfers Transfers of Membership Interests.Members’ Interests made in accordance with Article VII of this Agreement. ARTICLE IV‌

Appears in 1 contract

Sources: Limited Liability Company Operating Agreement

Status Under the Uniform Commercial Code. Membership All Interests in the Company shall be deemed to be securities governed by Article 8 of the Uniform Commercial Code as in effect from time to time in the State of Delaware. The Membership Interests are not evidenced by certificates, certificates and will remain not be evidenced by certificates. The Company is not authorized to issue certificated interestsInterests. The Company will keep a register of Membership the Members’ Interests, in which it will record all transfers Transfers of Membership InterestsMembers’ Interests made in accordance with Article VII of this Agreement.

Appears in 1 contract

Sources: Limited Liability Company Operating Agreement

Status Under the Uniform Commercial Code. Membership ‌ All Interests in the Company shall be deemed to be securities governed by Article 8 of the Uniform Commercial Code as in effect from time to time in the State of Delaware. The Membership Interests are not evidenced by certificates, and will remain not be evidenced by certificates. The Company is not authorized to issue certificated interestsInterests. The Company will keep a register of Membership the Members’ Interests, in which it will record all transfers Transfers of Membership InterestsMembers Interests made in accordance with this Agreement.

Appears in 1 contract

Sources: Operating Agreement