Initial Sole Member. ATK shall be the initial Member of the Company and shall have all of the rights, powers and privileges of a member under the Act. ATK initially shall hold the number of Units set forth in Schedule A to this Agreement as originally executed, which are issued in exchange for the capital contribution set forth in said Schedule A, the receipt and sufficiency of which are hereby acknowledged.
Appears in 9 contracts
Samples: Limited Liability Company Agreement (ATK Space Systems Inc.), Limited Liability Company Agreement (Alliant Techsystems Inc), Limited Liability Company Agreement (Alliant Techsystems Inc)
