Common use of Interests in Partnerships and LLCs Clause in Contracts

Interests in Partnerships and LLCs. None of the Pledged Collateral consisting of an interest in a partnership or in a limited liability company (i) is dealt in or traded on a securities exchange or in securities markets, (ii) by its terms expressly provides that it is a security governed by Article 8 of the UCC, (iii) is an investment company security, (iv) otherwise constitutes a security or (v) constitutes a financial asset.

Appears in 7 contracts

Samples: Pledge Agreement (Sunstone Hotel Investors, Inc.), Pledge Agreement (Sunstone Hotel Investors, Inc.), Note and Guarantee Agreement (Sunstone Hotel Investors, Inc.)

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Interests in Partnerships and LLCs. None of the Pledged Collateral consisting of an interest in a partnership or in a limited liability company (i) is dealt in or traded on a securities exchange or in securities markets, (ii) by its terms expressly provides that it is a security governed by Article 8 of the UCC, (iii) is an investment company security, (iv) otherwise constitutes a security or (v) constitutes a financial asset.

Appears in 3 contracts

Samples: Security Agreement (Ashford Hospitality Trust Inc), Security Agreement (Morgans Hotel Group Co.), Pledge Agreement (Ashford Hospitality Trust Inc)

Interests in Partnerships and LLCs. None of the Pledged Collateral consisting of an interest in a partnership or in a limited liability company (i) is dealt in or traded on a securities exchange or in securities markets, (ii) by its terms expressly provides that it is a security governed by Article 8 of the UCC, (iii) is an investment company security, (iv) otherwise constitutes a security security, or (viv) constitutes a financial asset.

Appears in 1 contract

Samples: Credit Agreement (Rouse Properties, Inc.)

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Interests in Partnerships and LLCs. None of the Pledged Collateral consisting of an interest in a partnership or in a limited liability company (i) is i)is dealt in or traded on a securities exchange or in securities markets, (ii) by ii)by its terms expressly provides that it is a security governed by Article 8 of the UCC, (iii) is iii)is an investment company security, (iv) otherwise constitutes a security or (v) constitutes a financial asset.

Appears in 1 contract

Samples: Credit Agreement (Sunstone Hotel Investors, Inc.)

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