Transfer of LLC Interests. 9.1.1. The term “transfer,” when used in this Section 9 with respect to an LLC Interest, shall include any sale, assignment, gift, pledge, hypothecation, mortgage, exchange, or other disposition, except that such term shall not include any pledge, mortgage, or hypothecation of or granting of a security interest in an LLC Interest in connection with any financing obtained on behalf of the LLC.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Hughes Communications, Inc.), Limited Liability Company Agreement (HNS-India VSAT, Inc.)
Transfer of LLC Interests. 9.1.1. The term “transfer,” ”, when used in this Section 9 with respect to an LLC Interest, shall include any sale, assignment, gift, pledge, hypothecation, mortgage, exchange, or other disposition, except that such term shall not include any pledge, mortgage, or hypothecation of or granting of a security interest in an LLC Interest in connection with any financing obtained on behalf of the LLC.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Encore Clean Energy Inc)
Transfer of LLC Interests. 9.1.1. The term “transfer,” ”, when used in this Section 9 with respect to an LLC Interest, shall include any sale, assignment, gift, pledge, hypothecation, mortgage, exchange, or other disposition, except that such term shall not include any pledge, mortgage, mortgage or hypothecation of or granting of a security interest in an LLC Interest in connection with any financing obtained on behalf of the LLCLLC or any pledge, mortgage or hypothecation of or granting of a security interest in an LLC Interest between Members.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Boston Gear LLC)
