Interest Certificate definition
Examples of Interest Certificate in a sentence
Evidence of the issuance of the LLC Interest Certificate shall be recorded in the books of the Company as set forth in Sections 3.3 and 4.1.
The Company shall be entitled to treat the registered owner of a LLC Interest Certificate as the owner of such LLC Interest for all purposes and, accordingly, shall not be bound to recognize any equitable or other claim to or interest in such LLC Interest, regardless of whether it shall have actual or other notice thereof, by a person other than the registered owner of such certificate.
Each such Membership Interest Certificate shall be denominated in terms of the number of Units evidenced by such Membership Interest Certificate and shall be signed by the Managing Member or an Officer on behalf of the Company.
The Owner Trustee, on behalf of the Issuer and not in its individual capacity, has executed this Residual Interest Certificate by one of its duly authorized signatories as set forth below.
The Interest in the Company of each Member shall be evidenced by a LLC Interest Certificate in the form attached hereto as Exhibit A issued to each such Member.