Common use of Uncertificated Security Clause in Contracts

Uncertificated Security. The entire partnership interest of Cogen Technologies Camden, Inc. in the undersigned partnership (the "General Partner"), including without limitation all of the following property now owned or at any time hereafter acquired by the Pledgor or in which the Pledgor now has or at any time in the future may acquire any rights, title or interest: (i) all right, title and interest of the Pledgor in the General Partner; (ii) any and all moneys due and to become due to the Pledgor now or in the future by way of a distribution made to the Pledgor in its capacity as a partner of the General Partner; (iii) any and all moneys due or to become due to the Pledgor now or in the future by virtue of the Pledgor's interest as a partner in the General Partner; (iv) any other property of the General Partner to which the Pledgor now or in the future may be entitled in its capacity as a partner of the General Partner by way of distribution, return of capital or otherwise; (v) any other claim which the Pledgor now has or may in the future acquire in its capacity as a partner of the General Partner against the General Partner and its property; and (vi) to the extent not otherwise included, all Proceeds of any or all of the foregoing.

Appears in 2 contracts

Sources: Pledge and Security Agreement (Cogen Technologies Inc), Pledge and Security Agreement (Cogen Technologies Inc)