Common use of Unit Ownership Ledger Clause in Contracts

Unit Ownership Ledger. The Company shall create and maintain a ledger (the “Unit Ownership Ledger“) setting forth the name of each Unitholder, the number of each class of Units held by each such Unitholder, and the amount of the Capital Contribution made for and Capital Account properly attributable to each class of Units. Upon any change in the number or ownership of outstanding Units (whether upon an issuance of Units, a transfer of Units, a cancellation of Units or otherwise), the Company shall amend and update the Unit Ownership Ledger and shall deliver a copy of such updated ledger to each holder of Units upon request. Absent manifest error, the ownership interests recorded on the Unit Ownership Ledger shall be conclusive record of the Units that have been issued and are outstanding.