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.
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Samples: Note and Guarantee Agreement (Sunstone Hotel Investors, Inc.), Note and Guarantee Agreement (Sunstone Hotel Investors, Inc.), Note and Guarantee Agreement (Sunstone Hotel Investors, 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 or (v) constitutes a financial asset.
Appears in 3 contracts
Samples: Credit Agreement (Ashford Hospitality Trust Inc), Credit Agreement (Morgans Hotel Group Co.), Credit 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) is an investment company security, or (iii) is held in a Securities Account. Effective at all times from and after the date that is 10 Business days following the date hereof, all of the Pledged Collateral consisting of an interest in a partnership or a limited liability company shall by its terms expressly provides provide that it is a security governed by Article 8 of the UCC, (iii) is an investment company security, (iv) otherwise constitutes UCC and such security shall be evidenced by a security or (v) constitutes a financial assetcertificate.
Appears in 3 contracts
Samples: Pledge Agreement (Diversified Healthcare Trust), Credit Agreement (Service Properties Trust), Pledge Agreement (Service Properties Trust)
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.
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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 security, or (viv) constitutes a financial asset.
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