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Common use of Article 8 of the UCC Clause in Contracts

Article 8 of the UCC. The LLC Interests have been certificated and constitute a “security” within Article 8 of the UCC.

Appears in 2 contracts

Sources: Pledge and Security Agreement (NNN 2003 Value Fund LLC), Pledge and Security Agreement (NNN 2003 Value Fund LLC)

Related Clauses

  • Perfection of Uncertificated Securities Collateral
  • UCC
  • Uncertificated Pledged Collateral
  • Securities Account
  • Collection of Accounts, General Intangibles and Negotiable Collateral

Parent Clauses

  • NOW, THEREFORE
  • COVENANTS
  • Representations and Warranties
  • Covenants and Agreements
  • The US Administrative Agent

Sub-Clauses

  • Survival of Agreement
  • Reinstatement
  • Waivers; Amendment
  • Counterparts; Effectiveness; Several Agreement
  • Grant of License to Use Intellectual Property
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