Common use of Issuances of Additional Membership Interests Clause in Contracts

Issuances of Additional Membership Interests. (a) Subject to Section 4.8, the Company may issue additional Units 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, without the approval of any Members.

Appears in 4 contracts

Samples: Limited Liability Company Agreement (Golar LNG Partners LP), Limited Liability Company Agreement (Golar LNG LTD), Purchase and Sale Agreement (Golar LNG LTD)

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Issuances of Additional Membership Interests. (a) Subject i)Subject to Section 4.8, the Company may issue additional Units 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, without the approval of any Members.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Golar LNG LTD)

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