LLC Interests. Pledgor will not: (a) permit any Pledged Company that is a limited liability company to issue any certificate or other instrument to evidence any of Pledgor’s limited liability company interests in such Pledged Company; (b) permit the limited liability company interest in any such Pledged Company to be dealt in or traded on any securities exchange or in securities markets; or (c) allow the operating agreement of any such Pledged Company to provide that any limited liability company interest in any such Pledged Company shall be a security governed by Article 8 of the Uniform Commercial Code.
Appears in 3 contracts
Sources: Pledge and Security Agreement (Global Water Resources, Inc.), Pledge and Security Agreement (Global Water Resources, Inc.), Pledge and Security Agreement (Global Water Resources, Inc.)
LLC Interests. The Pledgor will not: :
(a) permit any Pledged Company that is a limited liability company to issue any certificate or other instrument to evidence any of the Pledgor’s limited liability company interests in such Pledged Company; ;
(b) permit any of the limited liability company interest interests in any such Pledged Company to be dealt in or traded on any securities exchange or in securities markets; or and Global Water, LLC Pledge and Security Agreement
(c) allow the operating agreement of any such Pledged Company to provide that any limited liability company interest in any such Pledged Company shall be a security governed by Article 8 of the Uniform Commercial Code.
Appears in 1 contract
Sources: Pledge and Security Agreement (Global Water Resources, Inc.)
LLC Interests. The Pledgor will not: :
(a) permit any Pledged Company that is a limited liability company to issue any certificate or other instrument to evidence any of the Pledgor’s limited liability company interests in such Pledged Company; ;
(b) permit any of the limited liability company interest interests in any such Pledged Company to be dealt in or traded on any securities exchange or in securities markets; or and
(c) allow the operating agreement of any such Pledged Company to provide that any limited liability company interest in any such Pledged Company shall be a security governed by Article 8 of the Uniform Commercial Code.. ▇▇▇▇▇▇ ▇▇▇▇▇ Resources, Inc. Pledge and Security Agreement
Appears in 1 contract
Sources: Pledge and Security Agreement (Global Water Resources, Inc.)
LLC Interests. The Pledgor will not: :
(a) permit any Pledged Company that is a limited liability company to issue any certificate or other instrument to evidence any of the Pledgor’s limited liability company interests in such Pledged Company; ;
(b) permit any of the limited liability company interest interests in any such Pledged Company to be dealt in or traded on any securities exchange or in securities markets; or and
(c) allow the operating agreement of any such Pledged Company to provide that any limited liability company interest in any such Pledged Company shall be a security governed by Article 8 of the Uniform Commercial Code.. ▇▇▇▇▇▇ ▇▇▇▇▇, LLC Pledge and Security Agreement
Appears in 1 contract
Sources: Pledge and Security Agreement (Global Water Resources, Inc.)