NATURE OF LLC INTERESTS. 6.1 LLC INTERESTS SHALL BE SECURITIES. The LLC Interests shall be deemed to be "securities" within the meaning of Section 8-102(a)(15) of the Uniform Commercial Code as in effect from time to time in the State of New York ("UCC"), including for purposes of the grant, pledge, attachment or perfection of a security interest in the LLC Interests. The law of the State of New York is hereby designated as the issuer's jurisdiction within the meaning of Section 8-110(d) of the UCC for purposes of the matters specified therein.
Appears in 15 contracts
Samples: Operating Agreement (Delta Energy Center, LLC), Limited Liability Company Operating Agreement (Delta Energy Center, LLC), Limited Liability Company Operating Agreement (Delta Energy Center, LLC)
NATURE OF LLC INTERESTS. 6.1 LLC INTERESTS SHALL BE SECURITIES. The LLC Interests shall be deemed to be "securities" within the meaning of Section 8-102(a)(15) of the Uniform Commercial Code as in effect from time to time in the State of New York ("UCC"), including for purposes of the grant, pledge, attachment or perfection of a security interest in the LLC Interests. The law of the State of New York is hereby designated as the issuer's jurisdiction within the meaning of Section 8-8- 110(d) of the UCC for purposes of the matters specified therein.
Appears in 7 contracts
Samples: Limited Liability Company Operating Agreement (Delta Energy Center, LLC), Operating Agreement (Delta Energy Center, LLC), Operating Agreement (Delta Energy Center, LLC)
NATURE OF LLC INTERESTS. 6.1 LLC INTERESTS SHALL BE SECURITIES. The LLC Interests in the Company shall be deemed to be constitute "securities" within the meaning of (i) Article 8 of the Uniform Commercial Code (the "UCC") (including Section 8-102(a)(15) of the Uniform Commercial Code thereof) as in effect from time to time in the State of New York ("UCC"), including for purposes of the grant, pledge, attachment or perfection of a security interest Delaware and in the LLC Interests. The law of the State of New York and (ii) the law of any other applicable jurisdiction that presently or hereafter is hereby designated as the issuer's jurisdiction within the meaning of Section substantially similar to such Article 8-110(d) of the UCC for purposes of the matters specified therein.
Appears in 4 contracts
Samples: Operating Agreement (Delta Energy Center, LLC), Operating Agreement (Delta Energy Center, LLC), Operating Agreement (Delta Energy Center, LLC)
NATURE OF LLC INTERESTS. 6.1 LLC INTERESTS SHALL BE SECURITIES. The LLC Interests shall be deemed to be "securities" within the meaning of Section 8-102(a)(15) of the Uniform Commercial Code as in effect from time to time in the State of New York ("UCC"), including for purposes of the grant, pledge, attachment or perfection of a security interest in the LLC Interests. The law of the State of New York is hereby designated as the issuer's jurisdiction within the meaning of Section 8-110(d) of the UCC for purposes of the matters specified therein.LLC
Appears in 2 contracts
Samples: Limited Liability Company Operating Agreement (Delta Energy Center, LLC), Limited Liability Company Operating Agreement (Delta Energy Center, LLC)
NATURE OF LLC INTERESTS. 6.1 LLC INTERESTS SHALL BE SECURITIES. The LLC Interests shall be deemed to be "securities" within the meaning of Section 8-102(a)(15) of the Uniform Commercial Code as in effect from time to time in the State of New York ("UCC"), including for purposes of the grant, pledge, attachment or perfection of a security interest in the LLC Interests. The law of the State of New York is hereby designated as the issuer's jurisdiction within the meaning of Section 8-110(d10(d) of the UCC for purposes of the matters specified therein.
Appears in 1 contract
Samples: Limited Liability Company Operating Agreement (Delta Energy Center, LLC)
NATURE OF LLC INTERESTS. 6.1 LLC INTERESTS SHALL BE SECURITIES. The LLC Interests shall be deemed to be "securities" within the meaning of Section 8-102(a)(15) of the Uniform Commercial Code as in effect from time to time in the State of New York ("UCC"), including for purposes of the grantgram, pledge, attachment or perfection of a security interest in the LLC Interests. The law of the State of New York is hereby designated as the issuer's jurisdiction within the meaning of Section 8-110(d) of the UCC for purposes of the matters specified therein.
Appears in 1 contract
Samples: Limited Liability Company Operating Agreement (Delta Energy Center, LLC)
