LLC Assets definition

LLC Assets. All assets and property, whether tangible or intangible and whether real, personal, or mixed, at any time owned by or held for the benefit of the LLC.

LLC Assets all assets of the Borrower.

LLC Assets or “Assets” means any and all assets of the LLC including Mortgage Loans, real property, contracts or notes receivable, cash, or any other asset or receivable of the LLC.

Examples of LLC Assets in a sentence

• The obligations of the Borrower under this Agreement and all other Operative Documents are full recourse obligations of the Borrower and shall be payable to the extent of the LLC Assets.

• Amend or modify any of the Operative Documents to which it is a party or any other agreement or instrument pursuant to which any of the LLC Assets have been purchased or created, it being understood that the Lender’s execution of any amendment of the LLC Agreement in its capacity as member of the Borrower shall be deemed to be the prior written consent of the Lender to such amendment.

• The obligations of Borrower under this Agreement and all other Operative Documents are full recourse obligations of Borrower and shall be payable to the extent of the LLC Assets.

• Amend or modify any of the Operative Documents to which it is a party or any other agreement or instrument pursuant to which any of the LLC Assets have been purchased or created, it being understood that the Xxxxxx’s execution of any amendment of the LLC Agreement in its capacity as member of the Borrower shall be deemed to be the prior written consent of the Lender to such amendment.

• LLC has all permits and permissions of governments, governmental authorities and quasi-governmental authorities necessary to own the LLC Assets and to conduct the Business as now conducted and Target has all authority necessary to transfer the Acquired Assets, except where failure to have such permits and permissions would have no material and adverse effect on the ownership of the Principal Assets or the conduct of the Business.

More Definitions of LLC Assets

LLC Assets means the assets and properties owned by the Company.

LLC Assets means the Trelegy Royalty, all Intellectual Property of the Company, the Company Cash and all other assets and properties owned, controlled, used, enjoyed or employed in the business conducted by the Company as of the date hereof.

LLC Assets means all assets of a limited liability company, whether tangible or intangible and whether real, personal or mixed (including, without limitation, all limited liability company capital and interest in other limited liability companies), at any time owned by any Grantor or represented by any LLC Interest.

LLC Assets means all of the assets of LLC as described in Section 2.2.

LLC Assets means all right, title and interest of the LLC in and to all or any portion of the assets and other rights and any property (real or personal) or estate acquired in any transaction.

LLC Assets means all of the assets and property, whether tangible or intangible, owned by, or held for the benefit of, the Company.

LLC Assets shall have the meaning ascribed to it in Section 1.9 of this Agreement;