Certificated Interests definition
Examples of Certificated Interests in a sentence
Realized Losses allocated to the Regular Certificates shall be deemed allocated to the REMIC I Regular Interests in the amount and priority allocated to Corresponding Certificated Interests.
No LLC Interests or Partnership Interests are Certificated Interests.
In addition, the Pledgor agrees that it shall cause each issuer of Certificated Interests to execute and deliver to the Pledgee an acknowledgment in a form satisfactory to the Pledgee.
Realized Losses allocated to the Regular Certificates shall be deemed allocated to the REMIC I Regular Interests in the same amount and priority allocated to Corresponding Certificated Interests.
The Pledgor agrees that all Certificated Interests constituting Collateral delivered by the Pledgor pursuant to this Pledge Agreement will be accompanied by duly executed undated blank stock powers, or other equivalent instruments or documents of transfer acceptable to the Pledgee, as are necessary under all applicable laws to perfect the Lien in favor of the Pledgee on such Collateral.
Each Pledgor agrees that all Certificated Interests constituting Collateral delivered by such Pledgor pursuant to this Pledge Agreement will be accompanied by duly executed undated blank stock powers, or other equivalent instruments or documents of transfer acceptable to the Pledgee, as are necessary under all applicable laws to perfect the Lien in favor of the Pledgee on such Collateral.
The Members agree that the Certificated Interests shall be deemed to be securities as defined in the Uniform Commercial Code, and any pledge of or grant of a security interest in any Certificated Interests shall be subject to the provisions of the Uniform Commercial Code.
The Company shall issue certificates to the Members representing the Membership Interest held by each Member (the "Certificated Interests").
In addition, the Pledgor agrees that it shall cause each issuer of Certificated Interests to execute and deliver to the Administrative Agent an acknowledgment in a form satisfactory to the Administrative Agent.
The Pledgor agrees that all Certificated Interests constituting Collateral delivered by the Pledgor pursuant to this Pledge Agreement will be accompanied by duly executed undated blank stock powers, or other equivalent instruments of transfer acceptable to the Administrative Agent, as are necessary under all applicable laws to perfect the Lien in favor of the Secured Parties on such Collateral.