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Common use of Uncertificated Units Clause in Contracts

Uncertificated Units. The issuance of Preferred Units shall be reflected in the books and records of the Company, and shall not be represented by any certificate.

Appears in 2 contracts

Sources: Limited Liability Company Agreement (Real Brokerage Inc), Securities Subscription Agreement (Real Brokerage Inc)

Related Clauses

  • Uncertificated Shares
  • Certificated/Uncertificated ADSs
  • Uncertificated Securities
  • Uncertificated Warrants
  • Book-Entry Interests

Parent Clauses

  • DEPOSIT OF SECURITIES; ACCEPTANCE OF TRUST
  • Liabilities; Power of Attorney
  • Miscellaneous Provisions
  • Evaluation of Securities
  • Ownership Interest

Sub-Clauses

  • Authority
  • Due Execution
  • Insider Receivables
  • Governmental Consents
  • Non-Contravention
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