LLC Assets definition

LLC Assets. All assets and property, whether tangible or intangible and whether real, personal, or mixed, at any time owned by or held for the benefit of the LLC.

LLC Assets all assets of the Borrower.

LLC Assets or “Assets” means any and all assets of the LLC including Mortgage Loans, real property, contracts or notes receivable, cash, or any other asset or receivable of the LLC.

Examples of LLC Assets in a sentence

• Dissolution of the Company will be effective as of the day on which the event occurs giving rise to the dissolution, but the Company will not terminate until there has been a winding up of the Company's business, activities, operations, and affairs, and until the LLC Assets have been distributed as provided in Section 10.3 of this Agreement and by the LLC Law.

• All LLC Assets and interests in LLC Assets will be deemed to be owned by the Company as an entity, and no Member individually will have any ownership of such LLC Assets or interest in such LLC Assets except as a Member in the Company.

• The amounts of such advances will be a debt of the Company to such Capital Member and will be payable or collectible only out of the LLC Assets in accordance with terms and conditions agreed upon by the Majority in Interest of the Capital Members.

More Definitions of LLC Assets

LLC Assets means all assets of a limited liability company, whether tangible or intangible and whether real, personal or mixed (including, without limitation, all limited liability company capital and interest in other limited liability companies), at any time owned by any Grantor or represented by any LLC Interest.

LLC Assets means all of the assets of LLC as described in Section 2.2.

LLC Assets means the Trelegy Royalty, all Intellectual Property of the Company, the Company Cash and all other assets and properties owned, controlled, used, enjoyed or employed in the business conducted by the Company as of the date hereof.

LLC Assets means the assets and properties owned by the Company.

LLC Assets means all right, title and interest of the LLC in and to all or any portion of the assets and other rights and any property (real or personal) or estate acquired in any transaction.

LLC Assets. All right, title and interest of the Seller in the membership interests in the Series 2002-1 LLC, Series 2002-2 LLC, Series 2003-1 LLC, all rights to any Distributions thereon or on the Series 2002-1 Notes, the Series 2002-2 Notes and the Series 2003-1 Notes, and all rights of the Seller in, to and under the First Tier Assignment and Pledge Agreement, the Second Tier Assignment and Pledge Agreement, the Series 2002-1 LLC Agreement, the Series 2002-2 LLC Agreement and the Series 2003-1 LLC Agreement.

LLC Assets has the meaning set forth in Section 2.01 of the LLC Asset ---------- Transfer Agreement.