Article 8 Matter definition

Article 8 Matter means any action, decision, determination or election by Issuer or its member(s), shareholders or partners, as applicable, that its membership interests, partnership interests, stock or other equity interests, as applicable, be, or cease to be, a “security” as defined in and governed by Article 8 of the Uniform Commercial Code, and all other matters related to any such action, decision, determination or election.
Article 8 Matter has the meaning ascribed to such term in Section 19(b) hereof.
Article 8 Matter means any action, decision, determination or election by Issuer or its member(s), shareholders or partners, as applicable, that its membership interests, partnership interests, stock or other equity interests, as applicable, be, or cease to be, a “security” as defined in and governed by Article 8 of the UCC, and all other matters related to any such action, decision, determination or election.

Examples of Article 8 Matter in a sentence

  • The proxy granted and appointed in this Section 7(b) shall include the right to sign Xxxxxxx’s name to any consent, certificate or other document relating to an Article 8 Matter and the Pledged Company Interests that applicable law may permit or require, to cause the Pledged Company Interests to be voted in accordance with the preceding sentence.


More Definitions of Article 8 Matter

Article 8 Matter means any action, decision, determination or election by the Company or its stockholders that the stock or other equity interests in the Company be, or cease to be, a “security” as defined in and governed by Article 8 of the Uniform Commercial Code.
Article 8 Matter means any action, decision, determination or election by Property Owner or its member(s) that its membership interests or other equity interests, or any of them, be, or cease to be, a “security” as defined in and governed by Article 8 of the UCC, and all other matters related to any such action, decision, determination or election.
Article 8 Matter means any action, decision, determination or election by any applicable non-corporate Issuer or the member(s) or partner(s) or other equity holders of such non-corporate Issuer that its membership interests, partnership interests or other equity interests, or any of them, either (i) be, or cease to be, a “security” as defined in and governed by Article 8 of the Uniform Commercial Code or (ii) be, or cease to be, certificated, and all other matters related to any such action, decision, determination or election. The proxies and powers granted by the Pledgor pursuant to this Section 13 are coupled with an interest and are given to secure the performance of the Obligations.
Article 8 Matter means any action, decision, determination or election by an issuer of Pledged Equity Interests or its member that its membership interests or other equity interests, or any of them, be, or cease to be, a “security” as defined in and governed by Article 8 of the UCC, and all other matters related to any such action, decision, determination or election. The proxies and powers granted by each Credit Party pursuant to this Agreement are coupled with an interest and are given to secure the performance of such Credit Party’s obligations hereunder.
Article 8 Matter means any action, decision, determination or election by Gathering LLC or its member(s) that the membership or other ownership interests in Gathering LLC, or any of them, be, or cease to be, a “security” as defined in and governed by Article 8 of the UCC.
Article 8 Matter means any action, decision, determination or election by the Company or its members that its limited liability company interests or other equity interests, or any of them, be, or cease to be, a “security” as defined in and governed by Article 8 of the Uniform Commercial Code, and all other matters related to any such action, decision, determination or election. THE PROXIES AND POWERS GRANTED BY PLEDGOR PURSUANT TO THIS AGREEMENT ARE COUPLED WITH AN INTEREST AND ARE GIVEN TO SECURE THE PERFORMANCE OF THE PLEDGOR’S OBLIGATIONS UNDER THE PLEDGE AGREEMENT AND UNDER THIS AGREEMENT.
Article 8 Matter shall have the meaning ascribed thereto in Section 9(n) hereof.