Issuances of Additional Membership Interests. (a) The Company may issue additional Membership Interests and Derivative Membership Interests for any Company purpose at any time and from time to time to such Persons for such consideration and on such terms and conditions as the Managing Member shall determine, all without the approval of any Non-Managing Members.
Appears in 4 contracts
Samples: Limited Liability Company Agreement (First Solar, Inc.), Limited Liability Company Agreement (Sunpower Corp), Limited Liability Company Agreement (8point3 Energy Partners LP)
Issuances of Additional Membership Interests. (a) The Company may issue additional Membership Interests and Derivative options, rights, warrants and appreciation rights relating to the Membership Interests (including as described in Section 7.6(d)) for any Company purpose at any time and from time to time to such Persons for such consideration and on such terms and conditions as the Managing Member Manager shall determine, all without the approval of any Non-Managing Members.
Appears in 2 contracts
Samples: Operating Agreement (Niska Gas Storage Partners LLC), Operating Agreement (Niska Gas Storage Partners LLC)
Issuances of Additional Membership Interests. (a) The Company may issue additional Membership Interests and Derivative Membership Interests for any Company purpose at any time and from time to time to such Persons for such consideration and on such terms and conditions as the Managing Member Board of Directors shall determine, all without the approval of any Non-Managing Members.
Appears in 2 contracts
Samples: Limited Liability Company Agreement, Limited Liability Company Agreement (Transocean Partners LLC)
Issuances of Additional Membership Interests. (a) The Company may issue additional Membership Interests and Derivative options, rights, warrants and appreciation rights relating to the Membership Interests for any Company purpose at any time and from time to time to such Persons for such consideration and on such terms and conditions as the Managing Member Board of Directors shall determine, all without the approval of any Non-Managing Members.
Appears in 2 contracts
Samples: Operating Agreement (Seadrill Partners LLC), Operating Agreement
