Common use of Units of Interest Clause in Contracts

Units of Interest. Each Member’s Interest shall be denominated in Units, and the relative rights, privileges, preferences and obligations with respect to each Member’s Interest shall be determined as provided in this Agreement. The total authorized number of Units shall be [100], as set forth on Appendix B attached hereto and amended from time to time by the Board.

Appears in 3 contracts

Samples: Operating Agreement, Operating Agreement, Operating Agreement

AutoNDA by SimpleDocs

Units of Interest. Each Member’s Interest shall be denominated in Units, and the relative rights, privileges, preferences and obligations with respect to each Member’s Interest shall be determined as provided in this Agreement. The total authorized number of Units of the Company shall be [100]] Units, as set forth on Appendix B attached hereto and hereto, as amended from time to time by the Board.

Appears in 2 contracts

Samples: Operating Agreement, Operating Agreement

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.