Additional Pledged LLC Interests definition
Additional Pledged LLC Interests means all membership interests of the Pledged Entity acquired by the Pledgor after the date hereof regardless of how acquired.
Examples of Additional Pledged LLC Interests in a sentence
All certificates and instruments, if any, evidencing any Additional Pledged LLC Interests or other Pledged Collateral shall be delivered to Secured Party promptly after Pledgor acquires rights therein and held by or on behalf of Secured Party pursuant hereto.