Common use of Outstanding Units Clause in Contracts

Outstanding Units. The number of issued and outstanding Units as of the date of this Agreement are reflected in Schedule 1. Subject to the terms of this Agreement, the Company may issue additional Common Units from time to time (including, without limitation, upon the exercise or conversion of any warrants or options for Common Units or securities convertible into Common Units that the Company may issue), on such terms and conditions as the Governing Board may determine, within the aggregate number of authorized Common Units.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Colt Finance Corp.), Limited Liability Company Agreement (Colt Defense Technical Services LLC)

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Outstanding Units. The number of issued and outstanding Units as of the date of this Agreement are reflected in Schedule 1. Subject to the terms of this Agreement, the Company may issue additional Common Units from time to time (including, without limitation, upon the exercise or conversion of any warrants or options for Common Units or securities convertible into Common Units that the Company may issue), on such terms and conditions as the Governing Board may determine, within the aggregate number of authorized Common Units.Xxxxx,

Appears in 1 contract

Samples: Limited Liability Company Agreement (Colt Defense LLC)

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Outstanding Units. The number of issued and outstanding Units as of the date of this Agreement are reflected in Schedule 1. Subject to the terms of this Agreement, the Company may issue additional Common Units from time to time (including, without limitation, upon the exercise or conversion of any warrants or options for Common Units or securities convertible into Common Units that the Company may issue), on such terms and conditions as the Governing Board may determine, within the aggregate number of authorized Common Units.,

Appears in 1 contract

Samples: Limited Liability Company Agreement (Colt Finance Corp.)

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