Authorized Units definition
Examples of Authorized Units in a sentence
The authorized capital units of Company consists of 100 units (the "Authorized Units").
That all of the Authorized Units are owned by and under the control of Western.
No issuance of a Member Interest and associated Authorized Units otherwise permitted or required by this Agreement shall be effective, and no purchaser of any such issued Member Interest and associated Authorized Units from the Company shall be deemed to be a Member, if the foregoing conditions are not satisfied.
Customer may place Orders for additional Licensed Software or Authorized Units, or to extend the Authorized Period with respect to the Licensed Software by specifying such details in an Order form agreed to in writing by the parties.
There are no outstanding subscriptions, options, calls, rights, warrants, convertible securities or other agreements or commitments obligating Company, to issue, sell or otherwise dispose of or to purchase, redeem or otherwise acquire any of the Authorized Units.
Authorized Units shall be issued only in accordance with Section 2.3.
Authorized Units Authorized Profits Interest Units Total Authorized Units On date 1, Founder A contributes $5,000 to LLC for ▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇▇▇ ▇ contributes $5,000 to LLC for 40 Common Units, ▇▇▇▇ enters into a license for 10 Common Units, and 10 Profit Interest Units are issued to Service Provider.
Subscriber shall immediately identify to ▇▇▇▇▇▇▇ any unauthorized distribution of any Report delivered to Subscriber or any of its Authorized Units and shall immediately identify all such parties, designate such parties as Authorized Units and pay the Subscription Fee for such New Authorized Units.
Subject to Section 5.1(c), and Section 10.8 the Company may admit an Additional Member by issuing a Member Interest and associated Authorized Units to such Additional Member.
No additional class or series of Units and no increase or decrease in the amount or type of Authorized Units may be made without the prior written consent of AF and NutraCea.