Other Units. In addition to the Series A Preferred Units, the Class A Common Units, the Class B Common Units, the initial Series of Class C Common Units, and the Class D Common Units, the Company hereby authorizes the issuance of other Units. With respect to such Units, the Board is authorized to provide for the issuance of such Units in any class or series by adopting a Class C Common Unit Designation or a New Unit Designation or by amending this Agreement to reflect such issuance and to establish the number of Units to be included in each such series (which may be unlimited), and to fix the relative rights, obligations, preferences and limitations of the Units of each such Class or Series.
Appears in 2 contracts
Sources: Securities Purchase Agreement (Language Line Services Holdings, Inc.), Limited Liability Company Agreement (Language Line Services Holdings, Inc.)
Other Units. In addition to the Series A Preferred Units, the Class A Common Units, the Class B Common Units, the initial Series of Class C Common Units, the initial Series of Class D Common Units and the Class D E Common Units, the Company hereby authorizes the issuance of other Units. With respect to such Units, the Board is authorized to provide for the issuance of such Units in any class or series by adopting a Class C D Common Unit Designation or a New Unit Designation or by amending this Agreement to reflect such issuance and to establish the number of Units to be included in each such series (which may be unlimited), and to fix the relative rights, obligations, preferences and limitations of the Units of each such Class or Seriesseries.
Appears in 1 contract
Sources: Limited Liability Company Agreement (Atlantic Broadband Management, LLC)