Common use of Issuance of New Securities Clause in Contracts

Issuance of New Securities. The Company hereby grants to each holder of Preferred Units or Common Units (each, a “Pre-emptive Member”) the right to purchase its Applicable Pro Rata Portion of any New Securities that the Company may from time to time propose to issue or sell to any party.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Ascend Wellness Holdings, LLC), Limited Liability Company Agreement (Ascend Wellness Holdings, LLC)

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Issuance of New Securities. The Company hereby grants to each holder of Preferred Class A Common Units or and Class B Common Units (each, a “Pre-emptive Member”) the right to purchase its Applicable Common Pro Rata Portion of any New Securities that the Company may from time to time propose to issue or sell to any partyparty between the date hereof and the consummation of a Qualified Public Offering.

Appears in 1 contract

Samples: Limited Liability Company Agreement

Issuance of New Securities. The Company hereby grants to each holder of Preferred Units or Common Units (each, a “Pre-emptive Member”) the right (but not an obligation) to purchase its Applicable Pro Rata Portion of any New Securities that the Company may from time to time propose to issue or sell to any partyparty between the date hereof and the consummation of a Qualified Public Offering.

Appears in 1 contract

Samples: Limited Liability Company Operatng Agreement (Helpful Alliance Co)

Issuance of New Securities. The Company hereby grants to each holder of Preferred Units or Common Units (each, a “Pre-emptive Member”) the right to purchase its Applicable Pro Rata Portion of any New Securities that the Company may from time to time propose to issue or sell to any partyparty after the date hereof.

Appears in 1 contract

Samples: Limited Liability Company Operating Agreement

Issuance of New Securities. The Company hereby grants to each holder of Preferred Units or Common Units (each, a “Pre-emptive Member”) the right to purchase its Applicable Pro Rata Portion of any New Securities that the Company may from time to time propose to issue or sell to any partyparty between the date hereof and the consummation of a Qualified Public Offering.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Longeveron LLC)

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Issuance of New Securities. The Company hereby grants to each holder of Preferred Units or Common Units (each, a “Pre-emptive Emptive Member”) the right to purchase its Applicable Pro Rata Portion of any New Securities that the Company may from time to time propose to issue or sell to any party.

Appears in 1 contract

Samples: Operating Agreement (Agrify Corp)

Issuance of New Securities. The Company hereby grants to each holder of Preferred Units or Common Units (each, a "Pre-emptive Member") the right to purchase its Applicable Pro Rata Portion of any New Securities that the Company may from time to time propose to issue or sell to any partyparty including, without limitation, an existing Member.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Good Hemp, Inc.)

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