Common use of MEMBERSHIP UNITS; MEMBERS Clause in Contracts

MEMBERSHIP UNITS; MEMBERS. 19 6.1 Membership Units 19 6.2 Certificates; Surrender for Transfer 19 6.3 Members 19 6.4 Additional Members 19 6.5 Members’ Voting Rights 20 6.6 Member Meetings 20 6.7 Place of Meeting 20 6.8 Conduct of Meetings 20 6.9 Notice 20 6.10 Contents of Notice 20 6.11 Adjourned Meetings 21 6.12 Waiver of Notice 21 6.13 Fixing of Record Date 21 6.14 Quorum and Proxies 21 6.15 Voting; Action by Members 21 6.16 Termination of Membership 21 6.17 Continuation of the Company 21 6.18 No Member Right of Redemption or Return of Capital 22 6.19 Waiver of Dissenters Rights 22 6.20 Loans 22 ARTICLE VII. ACCOUNTING, BOOKS AND RECORDS 22 7.1 Accounting, Books and Records 22 7.2 Delivery to Members and Inspection 22 7.3 Reports 23 7.4 Tax Matters 23 ARTICLE VIII. AMENDMENTS 23 8.1 Amendments 23

Appears in 1 contract

Samples: Member Control Agreement (Highwater Ethanol LLC)

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MEMBERSHIP UNITS; MEMBERS. 19 6.1 Membership Units 19 6.2 Certificates; Surrender for Transfer 19 6.3 Members 19 6.4 Additional Members 19 6.5 Members’ Voting Rights 20 19 6.6 Member Meetings 20 19 6.7 Place of Meeting 20 19 6.8 Conduct of Meetings 20 6.9 Notice 20 6.10 Contents of Notice 20 6.11 Adjourned Meetings 21 20 6.12 Waiver of Notice 21 20 6.13 Fixing of Record Date 21 20 6.14 Quorum and Proxies 21 6.15 Voting; Action by Members 21 6.16 Termination of Membership 21 6.17 Continuation of the Company 21 6.18 No Member Right of Redemption or Return of Capital 22 21 6.19 Waiver of Dissenters Rights 22 21 6.20 Loans 22 21 ARTICLE VII. ACCOUNTING, BOOKS AND RECORDS 22 21 7.1 Accounting, Books and Records 22 21 7.2 Delivery to Members and Inspection 22 7.3 Reports 23 22 7.4 Tax Matters 23 22 ARTICLE VIII. AMENDMENTS 23 8.1 Amendments 2323 ii Page

Appears in 1 contract

Samples: Operating Agreement (Southern Iowa Bioenergy LLC)

MEMBERSHIP UNITS; MEMBERS. 19 17 6.1 Membership Units 19 17 6.2 Certificates; Surrender for Transfer 19 18 6.3 Members 19 18 6.4 Additional Members 19 18 6.5 Members' Voting Rights 20 18 6.6 Member Meetings 20 18 6.7 Place of Meeting 20 18 6.8 Conduct of Meetings 20 18 6.9 Notice 20 18 6.10 Contents of Notice 20 19 6.11 Adjourned Meetings 21 19 6.12 Waiver of Notice 21 19 6.13 Fixing of Record Date 21 19 6.14 Quorum and Proxies 21 6.15 19 6.5 Voting; Action by Members 21 19 6.16 Termination of Membership 21 19 6.17 Continuation of the Company 21 19 6.18 No Member Right of Redemption or Return of Capital 22 20 6.19 Waiver of Dissenters Rights 22 20 6.20 Loans 22 ARTICLE VII. ACCOUNTING, BOOKS AND RECORDS 22 7.1 Accounting, Books and Records 22 7.2 Delivery to Members and Inspection 22 7.3 Reports 23 7.4 Tax Matters 23 ARTICLE VIII. AMENDMENTS 23 8.1 Amendments 2320 6.21 Limitation on Ownership 20

Appears in 1 contract

Samples: Operating Agreement (Homeland Energy Solutions LLC)

MEMBERSHIP UNITS; MEMBERS. 19 6.1 Membership Units 19 6.2 Certificates; Surrender for Transfer 19 20 6.3 Members 19 20 6.4 Additional Members 19 20 6.5 Members’ Voting Rights 20 6.6 Member Meetings 20 6.7 Place of Meeting 20 6.8 Conduct of Meetings 20 6.9 Notice 20 21 6.10 Contents of Notice 20 21 6.11 Adjourned Meetings 21 6.12 Waiver of Notice 21 6.13 Fixing of Record Date 21 6.14 Quorum and Proxies 21 6.15 Voting; Action by Members 21 22 6.16 Termination of Membership 21 22 6.17 Continuation of the Company 21 22 6.18 No Member Right of Redemption or Return of Capital 22 6.19 Waiver of Dissenters Rights 22 6.20 Loans 22 ARTICLE VII. ACCOUNTING, BOOKS AND RECORDS 22 7.1 Accounting, Books and Records 22 7.2 Delivery to Members and Inspection 22 23 7.3 Reports 23 7.4 Tax Matters 23 ARTICLE VIII. AMENDMENTS 23 24 8.1 Amendments 2324 Page

Appears in 1 contract

Samples: Member Control Agreement (Gold Energy LLC)

MEMBERSHIP UNITS; MEMBERS. 19 20 6.1 Membership Units 19 20 6.2 Certificates; Surrender for Transfer 19 20 6.3 Members 19 20 6.4 Additional Members 19 20 6.5 Members’ Voting Rights 20 21 6.6 Member Meetings 20 21 6.7 Place of Meeting 20 21 6.8 Conduct of Meetings 20 21 6.9 Notice 20 21 6.10 Contents of Notice 20 21 6.11 Adjourned Meetings 21 22 6.12 Waiver of Notice 21 22 6.13 Fixing of Record Date 21 22 6.14 Quorum and Proxies 21 22 6.15 Voting; Action by Members 21 22 6.16 Termination of Membership 21 22 6.17 Continuation of the Company 21 23 6.18 No Member Right of Redemption or Return of Capital 22 23 6.19 Waiver of Dissenters Rights 22 23 6.20 Loans 22 ARTICLE VII. ACCOUNTING, BOOKS AND RECORDS 22 7.1 Accounting, Books and Records 22 7.2 Delivery to Members and Inspection 22 7.3 Reports 23 7.4 Tax Matters 23 ARTICLE VIII. AMENDMENTS 23 8.1 Amendments 23

Appears in 1 contract

Samples: Operating Agreement (East Fork Biodiesel, LLC)

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MEMBERSHIP UNITS; MEMBERS. 19 6.1 Membership Units 19 6.2 Certificates; Surrender for Transfer 19 20 6.3 Members 19 20 6.4 Additional Members 19 20 6.5 Members’ Voting Rights 20 6.6 Member Meetings 20 6.7 Place of Meeting 20 6.8 Conduct of Meetings 20 6.9 Notice 20 21 6.10 Contents of Notice 20 21 6.11 Adjourned Meetings 21 6.12 Waiver of Notice 21 6.13 Fixing of Record Date 21 6.14 Quorum and Proxies 21 22 6.15 Voting; Action by Members 21 22 6.16 Termination of Membership 21 22 6.17 Continuation of the Company 21 22 6.18 No Member Right of Redemption or Return of Capital 22 6.19 Waiver of Dissenters Rights 22 6.20 Loans 22 ARTICLE VII. ACCOUNTING, BOOKS AND RECORDS 22 7.1 Accounting, Books and Records 22 7.2 Delivery to Members and Inspection 22 23 7.3 Reports 23 7.4 Tax Matters 23 24 ARTICLE VIII. AMENDMENTS 23 24 8.1 Amendments 2324

Appears in 1 contract

Samples: Member Control Agreement (Highwater Ethanol LLC)

MEMBERSHIP UNITS; MEMBERS. 19 21 6.1 Membership Units 19 21 6.2 Certificates; Surrender for Transfer 19 21 6.3 Members 19 21 6.4 Additional Members 19 21 6.5 Members’ Voting Rights 20 21 6.6 Member Meetings 20 22 6.7 Place of Meeting 20 22 6.8 Conduct of Meetings 20 22 6.9 Notice 20 22 6.10 Contents of Notice 20 23 6.11 Adjourned Meetings 21 23 6.12 Waiver of Notice 21 23 6.13 Fixing of Record Date 21 23 6.14 Quorum and Proxies 21 23 6.15 Voting; Action by Members 21 23 6.16 Termination of Membership 21 24 6.17 Continuation of the Company 21 24 6.18 No Member Right of Redemption or Return of Capital 22 24 6.19 Waiver of Dissenters Rights 22 24 6.20 Loans 22 24 ARTICLE VII. ACCOUNTING, BOOKS AND RECORDS 22 24 7.1 Accounting, Books and Records 22 24 7.2 Delivery to Members and Inspection 22 24 7.3 Reports 23 25 7.4 Tax Matters 23 25 ARTICLE VIII. AMENDMENTS 23 25 8.1 Amendments 2325

Appears in 1 contract

Samples: Operating Agreement (Akron Riverview Corn Processors, LLC)

MEMBERSHIP UNITS; MEMBERS. 19 20 6.1 Membership Units 19 20 6.1 Membership Units 20 6.2 Certificates; Surrender for Transfer 19 20 6.3 Members 19 20 6.4 Additional Members 19 20 6.5 Members’ Voting Rights 20 6.6 Member Meetings 20 6.7 Place of Meeting 20 21 6.8 Conduct of Meetings 20 21 6.9 Notice 20 21 6.10 Contents of Notice 20 21 6.11 Adjourned Meetings 21 6.12 Waiver of Notice 21 6.13 Fixing of Record Date 21 6.14 Quorum and Proxies 21 22 6.15 Voting; Action by Members 21 22 6.16 Termination of Membership 21 22 6.17 Continuation of the Company 21 22 6.18 No Member Right of Redemption or Return of Capital 22 6.19 Waiver of Dissenters Rights 22 6.20 Loans 22 ARTICLE VII. ACCOUNTING, BOOKS AND RECORDS 22 7.1 Accounting, Books and Records 22 7.2 Delivery to Members and Inspection 22 23 7.3 Reports 23 7.4 Tax Matters 23 ARTICLE VIII. AMENDMENTS 23 8.1 Amendments 23ii Page

Appears in 1 contract

Samples: Operating Agreement (One Earth Energy LLC)

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