Limited Liability Company Interests definition

Limited Liability Company Interests means the entire limited liability company membership interest at any time owned by any Pledgor in any limited liability company.

Limited Liability Company Interests means the entire limited liability company interest at any time owned by each Grantor in any Pledged Entity.

Limited Liability Company Interests means the entire limited ----------------------------------- liability company membership interest at any time owned by any Pledgor in any limited liability company that is a Subsidiary or Joint Venture of such Pledgor (excluding Limited Liability Company Interests indicated on Annex A as not being pledged, or otherwise determined by the Administrative Agent in its reasonable discretion under Section 5.10(b) of the Credit Agreement, as not required to be pledged).

Examples of Limited Liability Company Interests in a sentence

• Any action to be taken by the Company shall require the affirmative vote of Members holding a majority of the Limited Liability Company Interests of the Company (except as otherwise expressly provided herein).

• The originals of all documents in the possession of such Pledgor evidencing all Collateral, including but not limited to all Limited Liability Company Interests and Partnership Interests, and the only original books of account and records of such Pledgor relating thereto are, and will continue to be, kept at such chief executive office as specified in Annex F hereto, or at such new locations as such Pledgor may establish in accordance with the last sentence of this Section 17.

• All Limited Liability Company Interests and Partnership Interests are, and will continue to be, maintained at, and controlled and directed (including, without limitation, for general accounting purposes) from, such chief executive office as specified in Annex F hereto, or such new locations as such Pledgor may establish in accordance with the last sentence of this Section 17.

• Limited Liability Company Interests and Limited Partnership Interests 10 SECTION 3.05.

• All Limited Liability Company Interests and Partnership Interests (to the extent not certificated) are, and will continue to be, maintained at, and controlled and directed (including, without limitation, for general accounting purposes) from, such chief executive office as specified in Annex F hereto, or such new locations as such Pledgor may establish in accordance with the last sentence of this Section 17.

More Definitions of Limited Liability Company Interests

Limited Liability Company Interests means all limited liability company membership interest at any time owned by any Pledgor in any limited liability company which is a direct or indirect wholly-owned Subsidiary of such Pledgor.

Limited Liability Company Interests means the entire limited liability company membership interest at any time owned by any Pledgor in any limited liability company; provided that the term “Limited Liability Company Interest” shall not include any limited liability company membership interest in any limited liability company that is not a Subsidiary of any Pledgor to the extent (and only for so long as) the limited liability company agreement or operating agreement for such limited liability company prohibits the assignment of, or granting of a security interest in, the limited liability company membership interests of such limited liability company, it being understood and agreed, however, any such excluded limited liability company membership interest shall otherwise be subject to the security interests created by this Agreement (and become a “Limited Liability Company Interest” for all purposes of this Agreement) upon the receipt by the respective Pledgor of any necessary approvals or waivers permitting the assignment thereof or the granting of a security interest therein.

Limited Liability Company Interests means the entire limited liability company membership interest at any time owned by any Pledgor in any limited liability company (other

Limited Liability Company Interests means the entire limited liability company membership interest at any time owned by any Pledgor in any limited liability company; provided that the term “Limited Liability Company Interest” shall not include any limited liability company membership interest in (x) any limited liability company that is not a Subsidiary of any Pledgor and (y) any other limited liability company set forth on Annex E (or any limited liability company acquired after the date hereof that the Pledgors indentify to the Collateral Agent in writing and to which the Collateral Agent does not reasonably object) to the extent (and only for so long as) the limited liability company agreement or operating agreement for such other limited liability company or applicable law prohibits the assignment of, or granting of a security interest in, the limited liability company membership interests of such limited liability company and such prohibitions are not rendered invalid by Section 9-406 or Section 9-408 of the UCC, it being understood and agreed, however, any such excluded other limited liability company membership interest shall otherwise be subject to the security interests created by this Agreement (and shall become a “Limited Liability Company Interest” for all purposes of this Agreement) upon the receipt by such Pledgor of any necessary approvals or waivers permitting the assignment thereof or the granting of a security interest therein.

Limited Liability Company Interests means all right, title and interest in each limited liability company, including, without limitation:

Limited Liability Company Interests means the entire limited liability company membership interest at any time owned by any Pledgor in any limited liability company; provided that the term "Limited Liability Company Interest" shall not include any limited liability company membership interest in (x) any limited liability company that is not a Subsidiary of any Pledgor and (y) any other limited liability company to the extent (and only for so long as) the limited liability company agreement or operating agreement for such other limited liability company or applicable law prohibits the assignment of, or granting of a security interest in, the limited liability company membership interests of such limited liability company and such prohibitions are not rendered invalid by Section 9-406 or Section 9-408 of the UCC, it being understood and agreed, however, any such excluded other limited liability company membership interest shall otherwise be subject to the security interests created by this Agreement (and shall become a "Limited Liability Company Interest" for all purposes of this Agreement) upon the receipt by such Pledgor of any necessary approvals or waivers permitting the assignment thereof or the granting of a security interest therein.

Limited Liability Company Interests means the entire limited liability company membership interest at any time owned by any Pledgor in any limited liability company (excluding any obligation of any Pledgor to make any unpaid or uncalled capital commitments or contributions (or other payments of a similar nature) in respect of any such limited liability company); provided that the term “Limited Liability Company Interest” as used herein shall not include any interest in a limited liability company that is not a Wholly-Owned Subsidiary of such Pledgor which may not be pledged hereunder by the terms of the operating agreement or other organizational documents of such limited liability company, so long as (and only so long as) such pledge restriction remains in effect.