Common use of Voting Units Clause in Contracts

Voting Units. As used herein, the term “Voting Units” shall mean any Units of any class or series that are designated by the Company as Voting Units, which at as of the date of this Agreement refers 2,629 issued and outstanding Class A Common Units designated as “Voting Units” under this Agreement.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Shepherd's Finance, LLC), Limited Liability Company Agreement (Shepherd's Finance, LLC)

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Voting Units. As used herein, the term “Voting Units” shall mean any Units of any class or series that are designated by the Company as Voting Units, which at as of the date of this Agreement refers 2,629 issued and outstanding Class A Common Units designated as “Voting Units” under this Agreement, for purposes of calling or holding any meeting of the Members holding Class A Common Units, providing notice of such a meeting, forming a quorum for such a meeting, or taking any action by vote at a meeting or by written consent without a meeting.

Appears in 1 contract

Samples: Limited Liability Company Agreement

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Voting Units. As used herein, the term “Voting Units” shall mean any Units of any class or series that are designated by the Company as Voting Units, which at as of the date of this Agreement refers to 2,629 issued and outstanding Class A Common Units designated as “Voting Units” under this Agreement.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Shepherd's Finance, LLC)

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