Membership Classes. The Company shall have two classes of Member Interests, Class A Interests and Class B Interests. The Class A Interests and Class B Interests shall each represent 50% of the common equity of the Company and shall each be entitled to 50% of the voting rights and 50% of any distributions, and otherwise have the rights as set forth in this Agreement.
Appears in 2 contracts
Sources: Limited Liability Company Operating Agreement (Ce Generation LLC), Limited Liability Company Operating Agreement (Ce Generation LLC)
Membership Classes. The Company shall have two classes of Member Interestsmembership interests, Class A Interests and Class B Interests. The Class A Interests and Class B Interests shall each represent 50% of the common equity of the Company and shall each be entitled to 50% of the voting rights and 50% of any distributions, and otherwise have the rights as set forth in this Agreement.
Appears in 1 contract
Sources: Limited Liability Company Operating Agreement (Ce Generation LLC)