Common use of Unit Certificates Clause in Contracts

Unit Certificates. The number of authorized Units shall initially be one thousand (1,000). Units may be represented by one or more certificates in such form as the Majority Members may from time to time approve, and shall be subject to such rules for the issuance thereof as the Majority Members may from time to time determine.

Appears in 86 contracts

Samples: Limited Liability Company Agreement (Allied Home Warranty Gp LLC), Limited Liability Company Agreement (Allied Home Warranty Gp LLC), Limited Liability Company Agreement (Energy Plus Natural Gas LLC)

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Unit Certificates. The number of authorized Units shall initially be one thousand (1,000). Units may be represented by one or more certificates in such form as the Majority Members may from time to time approve, shall be recorded in a register thereof maintained by the Company, and shall be subject to such rules for the issuance thereof as the Majority Members may from time to time determine.

Appears in 23 contracts

Samples: Limited Liability Company Agreement (Oswego Harbor Power LLC), Limited Liability Company Agreement (NRG Retail LLC), Limited Liability Company Agreement (NRG Retail LLC)

Unit Certificates. The number of authorized Units shall initially be one thousand (1,000). Units may be represented by one or more certificates in such form as the Majority Members Board may from time to time approve, and shall be subject to such rules for the issuance thereof as the Majority Members Board may from time to time determine.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Genon Mid-Atlantic, LLC), Limited Liability Company Agreement (Genon Mid-Atlantic, LLC)

Unit Certificates. The number of authorized Units shall initially be one thousand (1,000). Units may be represented by one or more certificates in such form as the Majority Members may from time to time approve, and shall be subject to such rules for the issuance thereof as the Majority Members may from time to time determine.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Energy Plus Natural Gas Lp)

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Unit Certificates. The number of authorized Units shall initially be one thousand (1,000). As further described in Article IX hereof, Units may be represented by one or more certificates in such form as the Majority Members may from time to time approve, shall be recorded in a register thereof maintained by the Company, and shall be subject to such rules for the issuance thereof as the Majority Members may from time to time determine.

Appears in 1 contract

Samples: Limited Liability Company Agreement (NRG Retail LLC)

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