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Common use of Article 8 Opt-In Clause in Contracts

Article 8 Opt-In. The Company hereby elects that all Units in the Company shall be securities governed by Article 8 of the Uniform Commercial Code as in effect in the state of its jurisdiction of formation and, to the extent permitted by applicable law, each other applicable jurisdiction.

Appears in 4 contracts

Sources: Limited Liability Company Agreement (Cheniere Energy Partners LP Holdings, LLC), Limited Liability Company Agreement (Cheniere Pipeline GP Interests, LLC), Limited Liability Company Agreement (Cheniere Pipeline GP Interests, LLC)

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Parent Clauses

  • Pledge of Securities
  • Miscellaneous
  • Senior Participations
  • Capitalization
  • General Provisions

Sub-Clauses

  • Redemption of Series C Preferred Units
  • Redemption of Series D Preferred Units
  • Redemption of Series B Preferred Units
  • Redemption of OP Units
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