LLC Interests definition
LLC Interests shall have the meaning specified in Section 6.3 [Subsidiaries].
LLC Interests shall have the meaning given to such term in Section 5.1.
LLC Interests has the meaning set forth in the Recitals.
Examples of LLC Interests in a sentence
The Pledgor will not take any action to cause the LLC Interests to become a security governed by Article 8 of the UCC.
The LLC Interests are not, and the LLC Interests will not be, (i) represented by certificates or similar Instruments, (ii) dealt in or traded on any securities exchange or in securities markets, (iii) a security governed by Article 8 of the UCC, or (iv) investment company securities (as defined in the UCC).
More Definitions of LLC Interests
LLC Interests has the meaning set forth in the Recitals to this Agreement.
LLC Interests shall have the meaning set forth in the recitals.
LLC Interests shall have the meaning assigned to such term in Section 3.12.
LLC Interests means, with respect to Borrower, all membership, equity or ownership and/or other interests now or hereafter owned by Borrower in the LLCs, and including all of Borrower’s right, title and interest in and to: (a) any and all now existing and hereafter acquired membership, equity or ownership interest of Borrower in the LLCs, whether in capital, profits or otherwise; (b) any and all now existing and hereafter arising rights of Borrower to receive Distributions or payments from the LLCs, whether in cash or in kind and whether such Distributions or payments are on account of Borrower’s interest as owner of a membership, equity or ownership interest of the LLCs or as a creditor of the LLCs or otherwise, and all other economic rights and interests of any nature of Borrower in the LLCs; (c) any and all now existing and hereafter acquired management and voting rights of Borrower of, in, or with respect to the LLCs, whether as an owner of a membership, equity or ownership interest in the LLCs or otherwise, and whether provided for under the Operating Agreements and/or applicable law, and all other rights of and benefits to Borrower of any nature arising or accruing under the Operating Agreements; (d) any and all now existing and hereafter acquired rights of Borrower to any specific property owned by the LLCs; (e) if the LLC Interests are evidenced in certificate form, the LLC Interests shall include all such certificates, delivered to Lender accompanied by Powers duly executed in blank; and (f) all Proceeds of the foregoing Collateral.
LLC Interests. The limited liability company interests issued pursuant to an LLC Agreement evidencing beneficial ownership interests in the related Issuer.
LLC Interests is defined in the Recital.
LLC Interests means the limited liability company interests in the Company, having the terms and conditions set forth in the LLC Agreement.