Common use of Certificates for Units Clause in Contracts

Certificates for Units. (a) Certificates representing Units shall be in such form as may be determined by the Board. Such certificates shall be signed by the President or Vice President. The signature of such officer upon such certificates may be signed manually or by facsimile. All certificates for Units shall be consecutively numbered. The name of the person owning the Units represented thereby, with the number of Units and date of issue, shall be entered on the books of the Company. All certificates surrendered to the Company for transfer shall be canceled and no new certificates shall be issued until the former certificates for a like number of Units shall have been surrendered and canceled, except that, in case of a lost, destroyed or mutilated certificate, a new certificate may be issued therefor upon such terms and indemnity to the Company as the Board may prescribe.

Appears in 86 contracts

Samples: Operating Agreement (Hospital of Fulton, Inc.), Limited Liability Company Agreement (Longview Clinic Operations Company, LLC), Limited Liability Company Agreement (Triad of Oregon, LLC)

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Certificates for Units. (a) Certificates representing Units shall be in such form as may be determined by the BoardMember. Such certificates shall be signed by the President or Vice PresidentPresident of the Member, if such offices be created and filled, or signed by an officer designated by the Member to sign such certificates. The signature of such officer upon such certificates may be signed manually or by facsimile. All certificates for Units shall be consecutively numbered. The name of the person owning the Units represented thereby, with the number of Units and date of issue, shall be entered on the books of the Company. All certificates surrendered to the Company for transfer shall be canceled and no new certificates shall be issued until the former certificates for a like number of Units shall have been surrendered and canceled, except that, in case of a lost, destroyed or mutilated certificate, a new certificate one may be issued therefor therefore upon such terms and indemnity to the Company as the Board Member may prescribe.

Appears in 4 contracts

Samples: Limited Liability Company Operating Agreement (Community Health Investment CORP), Limited Liability Company Operating Agreement (Community Health Investment CORP), Limited Liability Company Operating Agreement (Community Health Investment CORP)

Certificates for Units. (a) Certificates representing Units shall be in such form as may be determined by the Board. Such certificates shall be signed by the President or Vice President. , The signature of such officer upon such certificates may be signed manually or Or by facsimile. ; All certificates for Units shall be consecutively numbered. The name of the person owning the Units represented thereby, with the number of Units and date of issue, shall be entered on the books of the Company. All certificates surrendered to the Company for transfer shall be canceled and no new certificates shall be issued until the former certificates for a like number of Units shall have been surrendered and canceled, except that, in case of a lost, destroyed or mutilated certificate, a new certificate may be issued therefor upon such terms and indemnity to the Company as the Board may prescribe.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Longview Clinic Operations Company, LLC)

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Certificates for Units. (a) Certificates representing Units shall be in such form as may be determined by the Board. Such certificates shall be signed by the President or Vice President. The signature of such officer upon such certificates may be signed manually or by facsimile. All certificates for Units shall be consecutively numbered. The name of the person owning the Units represented thereby, with the number of Units and date of issue, shall be entered on the books of the Company. All certificates surrendered to the Company for transfer shall be canceled and no new certificates shall be issued until the former certificates for a like number of Units shall have been surrendered and canceled, except that, in case of a lost, destroyed or mutilated certificate, a new certificate may be issued therefor upon Upon such terms and indemnity to the Company as the Board may prescribe.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Scranton Quincy Hospital Company, LLC)

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