Article 8 of the Uniform Commercial Code. No Class B Member may elect to cause any Membership Interest or other equity interest held by a Class B Member to constitute a “security” within the meaning of Article 8 of the Uniform Commercial Code as in effect from time to time in the State of Delaware or Article 8 of the Uniform Commercial Code of any other applicable jurisdiction.
Appears in 7 contracts
Samples: Limited Liability Company Agreement (XPLR Infrastructure, LP), Limited Liability Company Agreement (XPLR Infrastructure, LP), Limited Liability Company Agreement (NextEra Energy Partners, LP)
Article 8 of the Uniform Commercial Code. No Class B Member may elect to cause any Membership Interest or other equity interest held by a Class B Member to constitute a “security” within the meaning of Article 8 of the Uniform Commercial Code as in effect from time to time in the State of Delaware or Article 8 of the Uniform Commercial Code of any other applicable jurisdiction.
Appears in 3 contracts
Samples: Limited Liability Company Agreement (XPLR Infrastructure, LP), Limited Liability Company Agreement (XPLR Infrastructure, LP), Limited Liability Company Agreement (Nextera Energy Partners, Lp)
Article 8 of the Uniform Commercial Code. No Class B Member may elect to cause any Membership Interest or other equity interest Equity Interest held by a Class B Member to constitute a “security” within the meaning of Article 8 of the Uniform Commercial Code as in effect from time to time in the State of Delaware or Article 8 of the Uniform Commercial Code of any other applicable jurisdiction.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (XPLR Infrastructure, LP), Limited Liability Company Agreement (Nextera Energy Partners, Lp)
Article 8 of the Uniform Commercial Code. No Class B Member may elect to cause any Membership Interest or other equity interest held by a Class B A Member or Class A Member, as applicable, to constitute a “security” within the meaning of Article 8 of the Uniform Commercial Code as in effect from time to time in the State of Delaware or Article 8 of the Uniform Commercial Code of any other applicable jurisdiction.
Appears in 2 contracts
Samples: Purchase and Sale Agreement (Nextera Energy Partners, Lp), Membership Interest Purchase Agreement (Nextera Energy Partners, Lp)
Article 8 of the Uniform Commercial Code. No Class B Member may elect to cause any Membership Interest or other equity interest held by a Class B Member to constitute a “security” within the meaning of Article 8 of the Uniform Commercial Code as in effect from time to time in the State of Delaware or Article 8 of the Uniform Commercial Code of any other applicable jurisdiction.. 868227.25C-WILSR01A - MSW
Appears in 1 contract
Samples: Limited Liability Company Agreement (NextEra Energy Partners, LP)
Article 8 of the Uniform Commercial Code. No Class B Member may elect to cause any Membership Interest or other equity interest held by a Class B Member or Class C Member, as applicable, to constitute a “security” within the meaning of Article 8 of the Uniform Commercial Code as in effect from time to time in the State of Delaware or Article 8 of the Uniform Commercial Code of any other applicable jurisdiction.. 870723.28-WILSR01A - MSW
Appears in 1 contract
Samples: Purchase and Sale Agreement (NextEra Energy Partners, LP)
