Common use of Initial Subscription Clause in Contracts

Initial Subscription. The Initial Subscribers hereby subscribe, and the Company accepts the Initial Subscribers' subscription, for the initial Membership Interests (the "Membership Interests") in the Company as described below: Covenant - 13% Swift - 16% Xxxx - 28% U.S. Xpress - 13% M.S. - 14% Xxxxxx - 16%

Appears in 2 contracts

Samples: Initial Subscription Agreement (MS Carriers Inc), Initial Subscription Agreement (Hunt J B Transport Services Inc)

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Initial Subscription. The Initial Subscribers hereby ---------- -------------------- subscribe, and the Company accepts the Initial Subscribers' subscription, for the initial Membership Interests (the "Membership Interests") in the Company as described below: Covenant - 13% Swift - 16% Xxxx - 28% U.S. Xpress - 13% M.S. - 14% Xxxxxx - 16%

Appears in 1 contract

Samples: Initial Subscription Agreement (Us Xpress Enterprises Inc)

Initial Subscription. The Initial Subscribers hereby subscribe, and the Company accepts the Initial Subscribers' subscription, for the initial Membership Interests (the "Membership Interests") in the Company as described below: Covenant - 13% Swift - 16% Xxxx Hxxx - 28% U.S. Xpress - 13% M.S. - 14% Xxxxxx Wxxxxx - 16%

Appears in 1 contract

Samples: Initial Subscription Agreement (Werner Enterprises Inc)

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Initial Subscription. The Initial Subscribers hereby subscribe, and the Company accepts the Initial Subscribers' subscription, for the initial Membership Interests (the "Membership Interests") in the Company as described below: Covenant - 13% Swift - 16% Xxxx Hunt - 28% U.S. Xpress - 13% M.S. - 14% Xxxxxx Werner - 16%

Appears in 1 contract

Samples: Initial Subscription Agreement (Swift Transportation Co Inc)

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