Membership Interests has the meaning set forth in the recitals.
Membership Interests means all of the rights and interests of whatsoever nature of the Members in the Company, including without limitation the right to participate in management to the extent herein expressly provided, to receive distributions of funds, and to receive allocations of income, gain, loss, deduction, and credit.
Membership Interests has the meaning set forth in the recitals to this Agreement.
Examples of Membership Interests in a sentence
With the Unanimous Approval of the Members, the Joint Venture may, from time to time, authorize and issue additional Membership Interests and admit to the Joint Venture as Members the Persons receiving such additional Membership Interests.
More Definitions of Membership Interests
Membership Interests means the membership interests in the Company.
Membership Interests shall have the meaning set forth in the Recitals.
Membership Interests has the meaning set forth in Section 2.1.
Membership Interests is defined in Section 5.24.
Membership Interests has the meaning assigned to such term in the LLC Agreement.
Membership Interests has the meaning provided such term in the Recitals.
Membership Interests means the limited liability company interests of the Company held by the Member, in its capacity as such, including rights to distributions (liquidating or otherwise), allocations, information, all other rights, benefits and privileges enjoyed by the Member (under the Act, the Certificate of Formation, this Agreement or otherwise) in its capacity as the Member and otherwise to participate in the management of the Company; and all obligations, duties and liabilities imposed on the Member (under the Act, the Certificate of Formation, this Agreement, or otherwise) in its capacity as the Member.