Membership Units are Securities. The Members agree (in accordance with Section 8-103(c) of the Uniform Commercial Code as in effect in the States of Delaware and Illinois) that the Membership Units shall constitute "securities" as defined in and governed by Article 8 of the Uniform Commercial Code as in effect in the States of Delaware and Illinois.
Appears in 5 contracts
Samples: Limited Liability Company Agreement (Nalco Energy Services Equatorial Guinea LLC), Limited Liability Company Agreement (Nalco Energy Services Equatorial Guinea LLC), Limited Liability Company Agreement (Nalco Energy Services Equatorial Guinea LLC)
Membership Units are Securities. The Members agree (in accordance with Section 8-103(c) of the Uniform Commercial Code as in effect in the States of Delaware and IllinoisMinnesota) that the Membership Units shall constitute "securities" as defined in and governed by Article 8 of the Uniform Commercial Code as in effect in the States of Delaware and IllinoisMinnesota.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Nalco Energy Services Equatorial Guinea LLC)