Member Units. Each Member’s interest in the Company, including such Member’s interest in income, gains, losses, deductions and expenses of the Company and the right to vote on certain matters as provided in this Agreement, shall be represented by the Units owned by such Member.
Member Units. Each Member's interest in the Company, including ------------ such Member's interest, if any, in the capital, income, gains, losses, deductions and expenses of the Company and the right to vote, if any, on certain Company matters as provided in this Agreement, shall be represented by "Units" ----- (each, individually, a "Unit," and any number of Units, including fractions ---- thereof, "Units"). Initially, the Units shall be comprised of "Investor Units," ----- -------------- "Preferred Units," "Class A Management Units," "Class R Management Units" and --------------- ------------------------ ------------------------ "Class B Management Units." The ownership by a Member of "Investor Units," ------------------------ -------------- "Preferred Units," "Class A Management Units," "Class R Management Units" and --------------- ------------------------ ------------------------ --- "Class B Management Units" shall entitle such Member to allocations of Profits ------------------------ and Losses and other items and distributions of cash and other property with respect to such Units as set forth in Article V hereof. Ownership of a Unit by a --------- Member shall entitle such Member to one (1) vote on any matter voted on by all Members as provided in this Agreement and/or as required by applicable law. The Managing Member may cause the Company to issue to a Member certificates representing the Units held by such Member.
Member Units. 10 3.5 Issuance of Additional Units and Interests; Admission of New Members; Additional Capital Contributions....................................................................11 3.6 Representations, Warranties and Agreements of the Members................................12 3.7
Member Units. All of the member units owned by any Debtor in the following entities:
Member Units. (a) Each Member's interest in the Company, including such Member's interest, if any, in the capital, income, gains, losses, deductions and expenses of the Company and the right to vote, if any, on certain Company matters as provided in this Agreement, shall be represented by "UNITS" (each, individually, a "UNIT," and any number of Units, including fractions thereof, "UNITS"). Units shall be comprised of "Common Units" and "Preferred Units". Initially, the Units shall be comprised of "CLASS A COMMON UNITS," "CLASS B COMMON UNITS," "CLASS C COMMON UNITS," and "CLASS D COMMON UNITS" and "PREFERRED UNITS". The Managers may cause the Company to issue to each Member certificates representing the Units held by such Member.
Member Units. (a) Each Member’s interest in the Company, including such Member’s interest, if any, in the capital, income, gains, losses, deductions and expenses of the Company and the right to vote, if any, on certain Company matters as provided in this Agreement, shall be represented by “Units” (each, individually, a “Unit,” and any number of Units, including fractions thereof, “Units”). Initially, the Units shall be comprised of “Class A Common Units,” “Class B Common Units,” “Class C Common Units,” and “
Member Units. Make any decision or take any action relating to the redemption or other disposition of any Member Units (or action having a comparable effect on Holdings’ direct or indirect interest in the ERP DownREITs or AVB DownREIT), whether directly by the Subsidiary Entity holding such Member Units or indirectly through voting by the Company of its equity interest in such Subsidiary Entity, other than any distribution of Member Units to the applicable Member upon liquidation of the Company in accordance with this Agreement or distributions in redemption in accordance with Section 10.4.
Member Units. DEVELOPER has previously furnished to the Company a true and correct copy of the certificate of formation of DEVELOPER and the LLC Agreement, including in each case all amendments thereto through the date of this Agreement. The holders of record (and beneficial owners, if any) of Units in DEVELOPER, and the number of Units owned of record by each such holder and beneficially owned by each such beneficial owner, are set forth on Exhibit A to the LLC Agreement, and the number of Units set forth on such Exhibit A constitute 100% of the issued and outstanding ownership interests in DEVELOPER. Except for the Additional Unit Options and except for options granted under DEVELOPER's 199_ Unit Option Plan and except as otherwise provided herein and in the Note, there are no outstanding options, warrants, rights, contracts or agreements of any kind for the issuance or sale of any Units or for the issuance or sale of any other member interests or obligations of DEVELOPER or for the purchase of any of its member interests.
Member Units. As of the date hereof, the Member is the sole member of the LLC and holds 100 Units (as defined below) representing all of the outstanding limited liability company interests in the LLC.
Member Units. Each Member's interest in the Company, including such Member's interest, if any, in the capital, income, gains, losses, deductions and expenses of the Company and the right to vote, if any, on certain Company matters as provided in this Agreement, shall be represented by "UNITS" (each, individually, a "UNIT," and any number of Units, including fractions thereof, "UNITS"). As of the date hereof, the Units are comprised of "CLASS A INVESTOR UNITS," "CLASS B INVESTOR UNITS," "CLASS C INVESTOR UNITS," "PREFERRED UNITS," "CLASS A MANAGEMENT UNITS," "CLASS B MANAGEMENT UNITS" and "CLASS R MANAGEMENT UNITS". The ownership by a Member of any Class A Investor Units, Class B Investor Units, Class C Investor Units, Preferred Units, Class A Management Units, Class B Management Units and/or Class R Management Units shall entitle such Member to allocations of Profits and Losses and other items and distributions of cash and other property with respect to such Units as set forth in ARTICLE V hereof. Ownership of a Unit by a Member shall entitle such Member to one (1) vote on any matter voted on by all Members as provided in this Agreement and/or as required by applicable law. The Managing Member may cause the Company to issue to a Member certificates representing the Units held by such Member.
