Common use of Certificates Representing Units; Lost, Stolen or Destroyed Certificates; Registration and Transfer of Units Clause in Contracts

Certificates Representing Units; Lost, Stolen or Destroyed Certificates; Registration and Transfer of Units. (a) Units shall not be certificated unless otherwise determined by the Managing Member. If the Managing Member determines that one or more Units shall be certificated, each such certificate shall be signed by or in the name of the Company, by the Chief Executive Officer and any other officer designated by the Managing Member, and shall represent the number of Units held by such holder. Such certificate shall be in such form (and shall contain such legends) as the Managing Member may determine. Any or all of such signatures on any certificate representing one or more Units may be a facsimile, engraved or printed, to the extent permitted by applicable Law.

Appears in 1 contract

Samples: Limited Liability Company Agreement (ZAIS Group Holdings, Inc.)

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Certificates Representing Units; Lost, Stolen or Destroyed Certificates; Registration and Transfer of Units. (a) Units shall not be certificated unless otherwise determined by the Managing MemberManager. If the Managing Member Manager determines that one or more Units shall be certificated, each such certificate shall be signed by or in the name of the Company, by the Chief Executive Officer and Officer, Chief Financial Officer, General Counsel, Secretary or any other officer designated by the Managing MemberManager, and shall represent representing the number of Units held by such holder. Such certificate shall be in such form (and shall contain such legends) as the Managing Member Manager may determine. Any or all of such signatures on any certificate representing one or more Units may be a facsimile, engraved or printed, to the extent permitted by applicable Law.. No Units shall be treated as a “security” within the meaning of Article 8 of the Uniform Commercial Code unless all Units then outstanding are certificated. US-DOCS\114008886.14

Appears in 1 contract

Samples: Limited Liability Company Agreement (Shift4 Payments, Inc.)

Certificates Representing Units; Lost, Stolen or Destroyed Certificates; Registration and Transfer of Units. (a) Units shall not be certificated unless otherwise determined by the Managing MemberManager. If the Managing Member Manager determines that one or more Units shall be certificated, each such certificate shall be signed by or in the name of the Company, by the Chief Executive Officer Company and any other officer designated by the Managing Member, and shall represent the number of Units held by such holderManager. Such certificate shall be in such form (and shall contain such legends) as the Managing Member Manager may determine. Any or all of such signatures on any certificate representing one or more Units may be a facsimile, engraved or printed, to the extent permitted by applicable Law.

Appears in 1 contract

Samples: Joinder Agreement (Sentinel Energy Services Inc.)

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Certificates Representing Units; Lost, Stolen or Destroyed Certificates; Registration and Transfer of Units. (a) Units shall not be certificated unless otherwise determined by the Managing MemberManager. If the Managing Member Manager determines that one or more Units shall be certificated, each such certificate shall be signed by or in the name of the Company, by the Chief Executive Officer and Officer, Chief Financial Officer, General Counsel, Secretary or any other officer designated by the Managing MemberManager, and shall represent representing the number of Units held by such holder. Such certificate shall be in such form (and shall contain such legends) as the Managing Member Manager may determine. Any or all of such signatures on any certificate representing one or more Units may be a facsimile, engraved or printed, to the extent permitted by applicable Law. No Units shall be treated as a “security” within the meaning of Article 8 of the Uniform Commercial Code unless all Units then outstanding are certificated.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Shift4 Payments, Inc.)

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