LLCs/LPs: Notice of Exclusive Control under an Issuer Control Agreement | Practical Law

LLCs/LPs: Notice of Exclusive Control under an Issuer Control Agreement | Practical Law

This is a standard form of notice used by a secured party to notify an issuer of uncertificated securities that they should no longer accept instructions from their member or partner (the grantor) with respect to the limited liability company interests or limited partnership interests subject to an issuer control agreement among the issuer, the secured party and the grantor. This Standard Document has integrated notes with important explanations and drafting tips.

LLCs/LPs: Notice of Exclusive Control under an Issuer Control Agreement

Practical Law Standard Document 8-522-0979 (Approx. 5 pages)

LLCs/LPs: Notice of Exclusive Control under an Issuer Control Agreement

by Practical Law Finance
MaintainedUSA (National/Federal)
This is a standard form of notice used by a secured party to notify an issuer of uncertificated securities that they should no longer accept instructions from their member or partner (the grantor) with respect to the limited liability company interests or limited partnership interests subject to an issuer control agreement among the issuer, the secured party and the grantor. This Standard Document has integrated notes with important explanations and drafting tips.