Mechanics of Issuance. Each RU will be evidenced by a duly issued unit certificate (which may represent more than one RU) registered in the name of the Holder. The Holder will have all rights of a member of the Company with respect to each RU (including the right to receive dividends and other distributions, if any). Each certificate evidencing any RU may contain such legends and transfer instructions or limitations as may be determined or authorized by the Company in its sole discretion or as otherwise required under the Company’s Operating Agreement.
Appears in 2 contracts
Sources: Restricted Unit Agreement (Advanced BioEnergy, LLC), Restricted Unit Agreement (Advanced BioEnergy, LLC)