Common use of Members and Ownership Interests Clause in Contracts

Members and Ownership Interests. Upon the making of the initial Capital Contributions set forth in Section 3.2, the Members shall have the following initial Ownership Interests in the Company: Members Ownership Interests Calpine 50% Acadia Holdings 50%

Appears in 1 contract

Sources: Limited Liability Company Agreement (Cleco Corp)

Members and Ownership Interests. Upon the making of the initial Capital Contributions set forth in Section 3.2, the Members shall have the following initial Ownership Interests in the Company: Members Ownership Interests Calpine 50% Acadia Holdings 50%

Appears in 1 contract

Sources: Limited Liability Company Agreement (Cleco Corp)