Common use of Units Clause in Contracts

Units. The Member’s Interest shall be divided into 1,000 Units. The Board of Managers may issue additional Units to any Member in respect of Capital Contributions.

Appears in 39 contracts

Samples: Limited Liability Company Agreement, Limited Liability Company Agreement (Automated Securities Clearance LLC), Limited Liability Company Agreement (Automated Securities Clearance LLC)

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Units. The Member’s Interest shall be divided into 1,000 100 Units. The Board of Managers may issue additional Units to any Member in respect of Capital Contributions.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Plaid Brothers Software, Inc.)

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Units. The Member’s Interest shall be divided into 1,000 Units. The Board of Managers may issue additional Units to any Member in respect of Capital Contributions. The Units shall not be certificated.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Filterfresh Coffee Service, Inc.)

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