Execution; Effective Date. This Assignment of Membership Interest will be binding and effective and will result in the assignment of the Assigned Interest on the Effective Date.
Appears in 2 contracts
Sources: Pledge and Security Agreement (Heritage Global Inc.), Pledge and Security Agreement (Heritage Global Inc.)
Execution; Effective Date. This Assignment of Membership or Partnership Interest will be binding and effective and will result in the assignment of the Assigned Interest on the Effective Date.
Appears in 2 contracts
Sources: Note Purchase Agreement (Sotherly Hotels Lp), Pledge and Security Agreement (Sotherly Hotels Lp)