Common use of Other Units Clause in Contracts

Other Units. In addition to the Series A Preferred Units, the Class A Common Units, and the initial Series of Class B Common Units, the Partnership hereby authorizes the issuance of other Units, subject to compliance with Section 6 of the Partners Agreement. With respect to such Units, the General Partners are authorized to provide for the issuance of such Units in any class or series by adopting a Class B Common Unit Designation or a New Unit Designation or by amending this Agreement to reflect such issuance and to establish the number of Units to be included in each such series (which may be unlimited), and to fix the relative rights, obligations, preferences and limitations of the Units of each such series.

Appears in 2 contracts

Samples: Management Services Agreement (Grande Communications Holdings, Inc.), Limited Partnership Agreement (Grande Communications Holdings, Inc.)

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Other Units. In addition to the Series A Preferred Units, the Class A Common Units, and the initial Series of Class B Common Units, the Partnership initial Series of Class C Common Units, and the Class D Common Units, the Company hereby authorizes the issuance of other Units, subject to compliance with Section 6 of the Partners Agreement. With respect to such Units, the General Partners are Board is authorized to provide for the issuance of such Units in any class or series by adopting a Class B C Common Unit Designation or a New Unit Designation or by amending this Agreement to reflect such issuance and to establish the number of Units to be included in each such series (which may be unlimited), and to fix the relative rights, obligations, preferences and limitations of the Units of each such seriesClass or Series.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Language Line Services Holdings, Inc.), Limited Liability Company Agreement (Language Line Services Holdings, Inc.)

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