Treatment under the Uniform Commercial Code. The Company hereby irrevocably elects that all Units in the Company shall be securities governed by Article 8 of the Uniform Commercial Code as in effect in the State of Delaware from time to time.
Appears in 7 contracts
Samples: Operating Agreement (Brookfield Oaktree Holdings, LLC), Operating Agreement (Oaktree Capital Group, LLC), Operating Agreement (Oaktree Capital Group, LLC)
Treatment under the Uniform Commercial Code. The Company hereby irrevocably elects that all Units in the Company shall be securities within the meaning of, and governed by by, Article 8 of the Uniform Commercial Code as in effect from time to time in the State of Delaware from time to timeor analogous provisions of in the Uniform Commercial Code as in effect in any other applicable jurisdiction.
Appears in 2 contracts
Samples: Limited Liability Company Operating Agreement (Belpointe PREP, LLC), Limited Liability Company Operating Agreement (Belpointe PREP, LLC)
Treatment under the Uniform Commercial Code. The Company hereby irrevocably elects that all Units in the Company shall be securities governed by Article 8 of the Uniform Commercial Code as in effect in the State of Delaware from time to time.. Section 4.3 [Reserved]. Section 4.4
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