Interests of Members. No member of, or delegate to, the Congress of the United States shall be permitted to any share or part of the agreement or to any benefit arising therefrom.
Interests of Members. 13.1* A member must have regard to the Code of Conduct for Members of the local authority for which they are an elected member and their obligations in relation to the disclosures of, and possible withdrawal from a meeting, for reason of personal and prejudicial interests.
Interests of Members. The Members shall have Percentage Interests equal to the percentage set forth in Exhibit “A”. Except as otherwise provided in this Agreement, each Member shall share in accordance with its Percentage Interest all profits and losses of the Company and all distributions of assets of the Company, whether distributions of available cash, capital, or otherwise.
Interests of Members. The limited liability company interest (the "Interest") of each Member at any time shall be the percentage that the number of LLC Shares owned by such Member constitutes of the aggregate number of LLC Shares at such time.
Interests of Members. 28 Section 9.1 Transfers of Interests .............................................28 Section 9.2 Right of First Refusal for Interests Owned by Members...............28
Interests of Members. 10- 4.1 Initial Participating Interests...............................-10- 4.2 Changes in Participating Interests............................-10- 4.3 Voluntary Reduction in Participation..........................-11- 4.4 Dilution......................................................-11- 4.5 Rights of Nondiluting Member..................................-12- 4.6 Adjustment for Actual Expenditures--Restoration of Diluted Interests.............................................-12- 4.7 Default in Making Contributions...............................-12- 4.8 Conversion to Production Royalty..............................-13- 4.9 Continuing Rights and Liabilities upon Adjustments of Participating Interests.......................................-13-
Interests of Members. Initial Membership Capital Contributions Interest --------------------- -------- PML Investments, LLC $204,000 51% United Resources, Inc. $196,000 49% SCHEDULE A MANAGEMENT FEE SCHEDULE -- WILLAMETTE PML shall be paid a monthly management fee for services rendered by PML directly to the Company equal to 1.25% of the annual gross sales of the Company. CONTENTS
Interests of Members. 3.1 Continuing Liabilities Upon Adjustments of Ownership Interests. 3.2 Continuing Obligations and Environmental Liabilities. 3.3 Grant of Lien and Security Interest. 3.4
Interests of Members. (a)Prior to the first occurrence of a Conversion Event (as hereinafter defined), the limited liability company interest (the "Interest") of each Member at any time shall be the percentage that the number of Ordinary LLC Shares owned of record by such Member constitutes of the aggregate number of Ordinary LLC Shares of all Members at such time, and any Member holding only Deferred LLC Shares shall not have an Interest.
Interests of Members. 6 4.1 Continuing Obligations 6 4.2 Grant of Lien and Security Interest 6 4.3 Subordination of Interests 7
