Creation and Issuance. A class of Membership Interests has been created having the relative rights, powers and duties specified in this Section 3.2 and as expressly set forth elsewhere in this Agreement. The Membership Interests have been issued to CSL and Credit Partners and, as of the date hereof, are held by CSL and Credit Partners, in consideration of their respective Initial Capital Contributions.
Appears in 2 contracts
Sources: Limited Liability Company Agreement (Carlyle Secured Lending, Inc.), Limited Liability Company Agreement (Carlyle Secured Lending, Inc.)