Common use of Opt-In Clause in Contracts

Opt-In. The Interest shall be considered a “security” as defined in Section 104.8102(1)(o) of the UCC, and this statement shall constitute an express provision that each such Interest is a security governed by Article 8 of the UCC, within the meaning of Section 104.8103(3) of the UCC, solely for the purposes of establishing the applicability thereto of the provisions of Article 8 governing

Appears in 4 contracts

Samples: Limited Liability Company Agreement (DT Management LLC), Limited Liability Company Agreement (DT Management LLC), Limited Liability Company Agreement (DT Management LLC)

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Opt-In. The Interest shall be considered a "security" as defined in Section 104.8102(1)(o104.8102(1 )(o) of the UCC, and this statement shall constitute an express provision that each such Interest is a security governed by Article 8 of the UCC, within the meaning of Section 104.8103(3) of the UCC, solely for the purposes of establishing the applicability thereto of the provisions of Article 8 governinggoverning securities. The Interest shall not be considered a "security" for any other purpose, nor shall this statement be construed to suggest that the Interest should otherwise be considered a "security."

Appears in 3 contracts

Samples: Limited Liability Company Agreement (90210 LLC), Limited Liability Company Agreement (90210 LLC), Limited Liability Company Agreement (90210 LLC)

Opt-In. The Interest shall be considered a "security" as defined in Section 104.8102(1)(o) of the UCC, and this statement shall constitute an express provision that each such Interest is a security governed by Article 8 of the UCC, within the meaning of Section 104.8103(3) of the UCC, solely for the purposes of establishing the applicability thereto of the provisions of Article 8 governinggoverning securities. The Interest shall not be considered a "security" for any other purpose, nor shall this statement be construed to suggest that the Interest should otherwise be considered a "security."

Appears in 2 contracts

Samples: Limited Liability Company Agreement (90210 LLC), Limited Liability Company Agreement (90210 LLC)

Opt-In. The Interest shall be considered a "security" as defined in Section 104.8102(1)(o104.8102(1 )(o) of the UCC, and this statement shall constitute an express provision that each such Interest is a security governed by Article 8 of the UCC, within the meaning of Section 104.8103(3I 04.8103(3) of the UCC, solely for the purposes of establishing the applicability thereto of the provisions of Article 8 governinggoverning securities. The Interest shall not be considered a "security" for any other purpose, nor shall this statement be construed to suggest that the Interest should otherwise be considered a "security."

Appears in 1 contract

Samples: Limited Liability Company Agreement (90210 LLC)

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Opt-In. The Interest shall be considered a "security" as defined in Section 104.8102(1)(o104.8102( 1 )(o) of the UCC, and this statement shall constitute an express provision that each such Interest is a security governed by Article 8 of the UCC, within the meaning of Section 104.8103(3) of the UCC, solely for the purposes of establishing the applicability thereto of the provisions of Article 8 governinggoverning securities. The Interest shall not be considered a "security" for any other purpose, nor shall this statement be construed to suggest that the Interest should otherwise be considered a "security."

Appears in 1 contract

Samples: Limited Liability Company Agreement (90210 LLC)

Opt-In. The Interest shall be considered a “security” as defined in Section 104.8102(1)(o104.8102(1)(0) of the UCC, and this statement shall sha11 constitute an express provision that each such Interest is a security governed by Article 8 of the UCC, within the meaning of Section 104.8103(3l 04.8103(3) of the UCC, solely for the purposes of establishing the applicability thereto of the provisions of Article 8 governing

Appears in 1 contract

Samples: Limited Liability Company Agreement (90210 LLC)

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