Common use of Other Classes Clause in Contracts

Other Classes. A Unitholder must hold the minimum number of Units of any Other Class, and meet the other requirements, if any, as stipulated in the designations governing the Other Class.

Appears in 6 contracts

Sources: Limited Liability Company Agreement (U. S. Premium Beef, LLC), Limited Liability Company Agreement, Limited Liability Company Agreement (U. S. Premium Beef, LLC)

Other Classes. A Unitholder must hold the minimum number and Class of Units of any Other Class, and meet the other requirements, if any, required for membership as stipulated in the designations governing the Other designation of another Class.

Appears in 5 contracts

Sources: Operating Agreement (Bootheel Agri-Energy LLC), Limited Liability Company Agreement (Illini Bio-Energy, LLC), Limited Liability Company Agreement (Blackhawk Biofuels, LLC)

Other Classes. A Unitholder must hold the minimum number and Class of Units of any Other Class, and meet the other requirements, if any, required for membership as stipulated in the designations governing designation of the Other Class.

Appears in 1 contract

Sources: Operating Agreement (Millennium Ethanol, LLC)