Certificates of Interest. Interest in the Company shall be represented by certificate(s) issued by the Company, shall be deemed “securities” within the meaning of Section 8-102 of Article 8 of the Delaware Uniform Commercial Code and shall be governed by Article 8 of the Uniform Commercial Code.
Certificates of Interest. Interest in the Company shall be represented by certificate(s) issued by the Company, shall be deemed “securities” pursuant to the provisions of the Act.
Certificates of Interest. The Manager may make such rules and regulations as he may deem appropriate concerning the issuance and registration of Membership Units. The Manager may authorize the issuance of any Membership Units without certificates. Such authorization shall not affect Membership Units already represented by certificates until they are surrendered to the Company.
Certificates of Interest. The Interests of the Partners in the Partnership may be represented by Certificates (“Certificates”), which certify the Percentage Interest held by such Partner. Subject to the laws of Delaware and the terms of this Agreement, the Interests in the Partnership shall be transferable only upon the books of the Partnership by the holders thereof, upon surrender and cancellation of Certificates for such Interest transferred, with a duly executed assignment and power of transfer endorsed thereon or attached thereto, and with such proof of the authenticity of the signature to such assignment and power of transfer as the Partnership or its agents reasonably may require. All transfers and assignments shall be subject to the provisions of Article 8 above and to all other provisions of this Agreement. The Partnership may issue a new or replacement Certificate in place of any Certificate previously issued by it and satisfactorily alleged to have been lost, stolen or destroyed.
Certificates of Interest. The Interests of the Members in the Company shall be represented by Certificates (“Certificates”), which shall certify the Class A Percentage Interest, Class B Percentage Interest or Class C Units held by such Member, as the case may be. Subject to the laws of Delaware and the terms of this Agreement, Interests in the Company shall be transferable only upon the books of the Company by the holders thereof, upon surrender and cancellation of certificates for such Interest transferred, with a duly executed assignment and power of transfer endorsed thereon or attached thereto, and with such proof of the authenticity of the signature to such assignment and power of transfer as the Company or its agents may reasonably require. All transfers and assignments shall be subject to the provisions of Article 8 and the other provisions of this Agreement. The Company may issue a new certificate in place of any certificate previously issued by it and alleged to have been lost, stolen or destroyed. * * * * *
Certificates of Interest. 5 III. Capital; Capital Contributions......................................... 5
Certificates of Interest. The Interests of the Members in the Company shall be represented by Certificates (“Certificates”), which shall certify the Percentage Interest held by such Member. Subject to the laws of Delaware and the terms of this Agreement, Interests in the Company shall be transferable only upon the books of the Company by the holders thereof, upon surrender and cancellation of certificates for such Interest transferred, with a duly executed assignment and power of transfer endorsed thereon or attached thereto, and with such proof of the authenticity of the signature to such assignment and power of transfer as the Company or its agents may reasonably require. All transfers and assignments shall be subject to the provisions of Article 8 and the other provisions of this Agreement. The Company may issue a new certificate in place of any certificate previously issued by it and alleged to have been lost, stolen or destroyed. * * * * *
Certificates of Interest. The Company hereby irrevocably elects that all membership interests in the Company shall be securities governed by Article 8 of the Uniform Commercial Code as in effect in the state of its jurisdiction of formation. Each certificate evidencing the membership interests in the Company shall bear the following legend: “This certificate evidences an interest in ADS Ashland, LLC and shall be a security for purposes of Article 8 of the Uniform Commercial Code as in effect in the state of its jurisdiction of formation.” This provision shall not be amended, and any purported amendment to this provision, shall not take effect until all outstanding certificates have been surrendered for cancellation.
Certificates of Interest. Every holder of record of a Unit shall be entitled to have a certificate certifying the number of Units owned by such Person in the Company. Each certificate evidencing ownership of Units shall bear and be subject to the following legend:
Certificates of Interest. Upon the request of either Member, the Interests of the Members in the Company shall be represented by Certificates (“Certificates”), which shall certify the Percentage Interest held by such Member. Subject to the laws of Delaware and the terms of this Agreement, Interests in the Company shall be transferable only upon the books of the Company by the holders thereof, upon surrender and cancellation of certificates for such Interest transferred, with a duly execute assignment and power of transfer endorsed thereon or attached thereto, and with such proof of the authenticity of the signature to such assignment and power of transfer as the Company or its agents may reasonably require. All transfers and assignments shall be subject to the provisions of Article 8 and the other provisions of this Agreement. The Company may issue a new certificate in place of any certificate previously issued by it and alleged to have been lost, stolen or destroyed. Project Gator—2nd Amended LLC Agreement Final 39
