Common use of Pledged Rights Clause in Contracts

Pledged Rights. All rights to receive profits or surplus of, or other distributions (including income, return of capital and liquidating distributions) from, any partnership, joint venture or limited liability company, including any distributions by any such Person to partners, joint venturers or members. All such rights are collectively referred to as the "PLEDGED RIGHTS".

Appears in 3 contracts

Samples: Security Agreement (Ibasis Inc), Security Agreement (Ibasis Inc), Guarantee and Security Agreement (Nextera Enterprises Inc)

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Pledged Rights. All rights to receive profits or surplus of, or other distributions Distributions (including income, return of capital and liquidating distributions) from, any partnership, joint venture or limited liability company, including any distributions by any such Person to partners, joint venturers or members. All such rights are collectively referred to as the "PLEDGED RIGHTS".

Appears in 2 contracts

Samples: Security Agreement (Pediatrix Medical Group Inc), Guarantee and Security Agreement (Nextera Enterprises Inc)

Pledged Rights. All rights to receive profits or surplus of, or other distributions Distributions (including income, return of capital and liquidating distributions) from, any partnership, joint venture or limited liability companycompany or joint venture, including any distributions by any such Person to partners, partners or joint venturers or membersventurers. All such rights are collectively referred to as the "PLEDGED RIGHTS".

Appears in 2 contracts

Samples: Credit Agreement (Ameripath Inc), Credit Agreement (Ameripath Inc)

Pledged Rights. All rights to receive profits or surplus of, or other distributions Distributions (including income, return of capital and liquidating distributions) from, any partnershipcorporation, joint venture business trust or limited liability company, including partnership or joint venture, including, without limitation, any distributions by any such Person to partners, partners or joint venturers or membersventurers. All such rights are collectively referred to as the "PLEDGED RIGHTS".

Appears in 1 contract

Samples: Amends Master Shelf Agreement (Transmontaigne Inc)

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Pledged Rights. All rights to receive profits or surplus of, or other distributions (including income, return of capital and liquidating distributions) from, any partnership, joint venture or limited liability company, including any distributions distribution by any such Person to partners, joint venturers or members. All such rights are collectively referred to as the "PLEDGED RIGHTS".

Appears in 1 contract

Samples: Security Agreement (Surge Components Inc)

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