Pledged Membership Interests

Pledged Membership Interests. Means the membership interests of Pledgor in Company listed on SCHEDULE 1 hereto, together with all membership interest certificates, shares, claims, powers, privileges, benefits, remedies, options or rights of any nature whatsoever which may currently exist or be issued or granted by Company to Pledgor with respect to or on account of such membership interests while this Agreement is in effect.

Pledged Membership Interests. Means all Equity Interests of each Securities Issuer which is a limited liability company identified in Item C of Schedule IV opposite the name of any Grantor and all additional Equity Interests of any such Securities Issuer from time to time acquired by such Grantor in any manner, including, in each case, (i) the LLC Agreement of such Securities Issuer, (ii) all rights (but not obligations) of such Grantor as a member thereof and all rights to receive dividends or distributions (whether... payable in cash, securities or otherwise) and all principal, interest, and other payments and rights from time to time received, receivable, or otherwise distributed thereunder, (iii) all claims of such Grantor for damages arising out of or for breach of or default under such LLC Agreement, (iv) the right of such Grantor to terminate such LLC Agreement, to perform and exercise consensual or voting rights thereunder, and to compel performance and otherwise exercise all remedies thereunder, (v) all rights of such Grantor, whether as a member thereof or otherwise, to all property and assets of such Securities Issuer (whether real property, inventory, equipment, accounts, general intangibles, securities, instruments, chattel paper, documents, choses in action, financial assets, or otherwise) and (vi) all certificates or instruments evidencing such Equity Interests. View More

Pledged Membership Interests. Shall mean all Membership Interests at any time pledged or required to be pledged hereunder.