LLC Interests definition

LLC Interests shall have the meaning given to such term in Section 6.1.

LLC Interests shall have the meaning specified in Section 6.3 [Subsidiaries].

LLC Interests shall have the meaning set forth in the recitals.

Examples of LLC Interests in a sentence

• All capital contributions and other consideration required to be made or paid in connection with the issuance of the Partnership Interests and LLC Interests have been made or paid, as the case may be.

• All Subsidiary Shares, Partnership Interests and LLC Interests have been validly issued, and all Subsidiary Shares are fully paid and nonassessable.

• The Borrower and each Subsidiary of the Borrower has good and marketable title to all of the Subsidiary Shares, Partnership Interests and LLC Interests it purports to own, free and clear in each case of any Lien.

• There are no options, warrants or other rights outstanding to purchase any such Subsidiary Shares, Partnership Interests or LLC Interests except as indicated on Schedule 6.3.

• The LLC Interests shall be deemed to be "securities" within the meaning of Section 8-102(a)(15) of the Uniform Commercial Code as in effect from time to time in the State of New York ("UCC"), including for purposes of the grant, pledge, attachment or perfection of a security interest in the LLC Interests.

More Definitions of LLC Interests

LLC Interests has the meaning set forth in the Recitals to this Agreement.

LLC Interests has the meaning set forth in the Recitals.

LLC Interests shall have the meaning assigned to such term in Section 3.12.

LLC Interests means the limited liability company interests in the Company, having the terms and conditions set forth in the LLC Agreement.

LLC Interests means, with respect to Borrower, all membership, equity or ownership and/or other interests now or hereafter owned by Borrower in the LLCs, and including all of Borrower’s right, title and interest in and to: (a) any and all now existing and hereafter acquired membership, equity or ownership interest of Borrower in the LLCs, whether in capital, profits or otherwise; (b) any and all now existing and hereafter arising rights of Borrower to receive Distributions or payments from the LLCs, whether in cash or in kind and whether such Distributions or payments are on account of Borrower’s interest as owner of a membership, equity or ownership interest of the LLCs or as a creditor of the LLCs or otherwise, and all other economic rights and interests of any nature of Borrower in the LLCs; (c) any and all now existing and hereafter acquired management and voting rights of Borrower of, in, or with respect to the LLCs, whether as an owner of a membership, equity or ownership interest in the LLCs or otherwise, and whether provided for under the Operating Agreements and/or applicable law, and all other rights of and benefits to Borrower of any nature arising or accruing under the Operating Agreements; (d) any and all now existing and hereafter acquired rights of Borrower to any specific property owned by the LLCs; (e) if the LLC Interests are evidenced in certificate form, the LLC Interests shall include all such certificates, delivered to Lender accompanied by Powers duly executed in blank; and (f) all Proceeds of the foregoing Collateral.

LLC Interests. The limited liability company interests issued pursuant to an LLC Agreement evidencing beneficial ownership interests in the related Issuer.

LLC Interests is defined in the Recital.