Common use of Units Generally Clause in Contracts

Units Generally. The Membership Interest of the Members shall be represented by issued and outstanding Units, which may be divided into one or more types, classes, or series. Each type, class, or series of Units shall have the privileges, preference, duties, liabilities, obligations, and rights, including voting rights, if any, set forth in this Agreement with respect to such type, class, or series. The Company shall maintain a schedule of all Members, their respective mailing addresses, and the amount and series of Units held by them (the “Members Schedule”), and shall update the Members Schedule upon the issuance or Transfer of any Units to any new or existing Member. A copy of the Members Schedule as of the execution of this Agreement is attached hereto as Schedule A.

Appears in 1 contract

Samples: Operating Agreement (Csac Acquisition Inc.)

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Units Generally. The Membership Interest Interests of the Members shall be represented by issued and outstanding Units, which may be divided into one or more types, classes, classes or series. Each type, class, class or series of Units shall have the privileges, preference, duties, liabilities, obligations, obligations and rights, including voting rights, if any, set forth in this Agreement with respect to such type, class, class or series. The Company Board shall maintain a schedule of all Members, their respective mailing addresses, and the amount and series of Units held by them and their respective Capital Contributions (the “Members Schedule”), and shall update the Members Schedule upon the issuance or Transfer of any Units to any new or existing Member, or upon a Capital Contribution by any Member. A copy The Founder Members were admitted as Members on the Effective Date concurrent with the formation of the Members Schedule as of the execution of this Agreement is attached hereto as Schedule A.Company.”

Appears in 1 contract

Samples: Limited Liability Company Agreement (Liquid Holdings Group LLC)

Units Generally. The Membership Interest Interests of the Members shall be represented by issued and outstanding Units, which may be divided into one or more types, classes, or series. Each type, class, class or series of Units shall have the privileges, preference, duties, liabilities, obligations, and rights, including voting rights, if any, set forth in this Agreement with respect to such type, class, or series. The Company Board shall maintain a schedule of all Members, their respective mailing addresses, and the amount and series of Units held by them (the “Members Schedule”), and shall update the Members Schedule upon the issuance or Transfer of any Units to any new or existing Member. A copy of the Members Schedule as of the execution of this Agreement is attached hereto as Schedule A.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Ternio, LLC)

Units Generally. The Membership Interest Interests of the Members shall be represented by issued and outstanding Units, which may be divided into one or more types, types or classes, or series. Each type, class, type or series class of Units shall have the privileges, preference, duties, liabilities, obligations, and rights, including voting rights, if any, set forth in this Agreement or any agreement with a new Member, as authorized by the Initial Manager, with respect to such type, type or class, or series. The Company Initial Manager shall maintain a schedule of all Members, their respective mailing addresses, and the amount and series class of Units held by them (the “Members Schedule”), ) and shall update the Members Schedule upon the issuance or Transfer of any Units to any new or existing Member. A copy of the Members Schedule as of the execution of this Agreement is attached hereto as Schedule A.

Appears in 1 contract

Samples: Operating Agreement

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Units Generally. The Membership Interest Interests of the Members shall be represented by issued and outstanding Units, which may be divided into one or more types, classes, or series. Each type, class, or series of Units shall have the privileges, preference, duties, liabilities, obligations, and rights, including voting rights, if any, set forth in this Agreement with respect to such type, class, or series. The Company Manager shall maintain a schedule of all Members, their respective mailing addresses, and the amount and type, class, or series of Units held by them (the “Members Schedule”), and shall update the Members Schedule upon the issuance or Transfer of any Units to any new or existing Memberin accordance with this Agreement. A copy of the Members Schedule as of the execution of this Agreement is attached hereto as Schedule A.

Appears in 1 contract

Samples: Limited Liability Company Agreement (BIT ORIGIN LTD)

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