Common use of Additional Units Clause in Contracts

Additional Units. The Board may issue additional Units, including Class A Units and Class B Units, to existing or new Unitholders in exchange for Capital Contributions as provided in Section 3.3(b).

Appears in 6 contracts

Samples: Limited Liability Company Agreement (U. S. Premium Beef, LLC), LLC Agreement, Limited Liability Company Agreement (U. S. Premium Beef, LLC)

AutoNDA by SimpleDocs

Additional Units. The Board may issue additional UnitsUnits without Member approval, including Class A Units and Class B Units, to existing or new Unitholders in exchange for Capital Contributions as provided in Section 3.3(b)) of this Agreement.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Ozark Ethanol LLC), Limited Liability Company Agreement (Blackhawk Biofuels, LLC)

Additional Units. The Board may issue additional UnitsUnits without Member approval, including Class A Units and Class B Units, to existing or new Unitholders in exchange for Capital Contributions as provided in Section 3.3(b).

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Illini Bio-Energy, LLC), Operating Agreement (Bootheel Agri-Energy LLC)

AutoNDA by SimpleDocs

Additional Units. The Board may issue additional UnitsUnits without Member approval, including Class A Units and Class B Units, to existing or new Unitholders in exchange for Capital Contributions as provided in Section 3.3(b).

Appears in 1 contract

Samples: Operating Agreement (Millennium Ethanol, LLC)

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