Common use of Units Generally Clause in Contracts

Units Generally. The Membership Interests of the Members shall be represented by issued and outstanding Units, which may be divided into one or more types, classes or series. Each type, class or series of Units shall have the privileges, preference, duties, liabilities, obligations and rights, including voting rights, if any, set forth in this Agreement with respect to such type, class or series. The Managing Member shall maintain a schedule of all Members, their respective mailing addresses and the amount and series of Units held by them (the “Members Schedule”), which Members Schedule is attached hereto, and shall update the Members Schedule upon the issuance or Transfer of any Units to any new or existing Member in accordance with this Agreement (which update shall not constitute an amendment to the Agreement). The Members Schedule shall be kept confidential, except as may be required by applicable law.

Appears in 2 contracts

Sources: Limited Liability Company Agreement (ContextLogic Inc.), Limited Liability Company Agreement (ContextLogic Inc.)

Units Generally. The Membership Interests of the Members shall be represented by issued and outstanding Units, which may be divided into one or more types, classes types or seriesclasses. Each type, type or class or series of Units shall have the privileges, preference, duties, liabilities, obligations obligations, and rights, including voting rights, if any, set forth in this Agreement or any agreement with a new Member, as authorized by the Initial Manager, with respect to such type, class type or seriesclass. The Managing Member Initial Manager shall maintain a schedule of all Members, their respective mailing addresses addresses, and the amount and series class of Units held by them (the “Members Schedule”), which Members Schedule is attached hereto, ) and shall update the Members Schedule upon the issuance or Transfer of any Units to any new or existing Member in accordance with Member. A copy of the Members Schedule as of the execution of this Agreement (which update shall not constitute an amendment to the Agreement). The Members is attached hereto as Schedule shall be kept confidential, except as may be required by applicable law.A.

Appears in 1 contract

Sources: Operating Agreement

Units Generally. The Membership Interests of the Members shall be represented by issued and outstanding Units, which may be divided into one or more types, classes or series. Each type, class or series of Units shall have the privileges, preference, duties, liabilities, obligations and rights, including voting rights, if any, set forth in this Agreement with respect to such type, class or series. The Managing Member Board shall maintain a schedule of all Members, their respective mailing addresses and addresses, the amount and series of Units held by them and their respective Capital Contributions (the “Members Schedule”), which Members Schedule is attached hereto, and shall update the Members Schedule upon the issuance or Transfer of any Units to any new or existing Member in accordance with this Agreement (which update shall not constitute an amendment to the Agreement)Member, or upon a Capital Contribution by any Member. The Founder Members Schedule shall be kept confidential, except were admitted as may be required by applicable lawMembers on the Effective Date concurrent with the formation of the Company.

Appears in 1 contract

Sources: Limited Liability Company Agreement (Liquid Holdings Group LLC)

Units Generally. The Membership Interests of the Members shall be represented by issued and outstanding Units, which may be divided into one or more types, classes classes, or series. Each type, class or series of Units shall have the privileges, preference, duties, liabilities, obligations obligations, and rights, including voting rights, if any, set forth in this Agreement with respect to such type, class class, or series. The Managing Member Board shall maintain a schedule of all Members, their respective mailing addresses addresses, and the amount and series of Units held by them (the “Members Schedule”), which Members Schedule is attached hereto, and shall update the Members Schedule upon the issuance or Transfer of any Units to any new or existing Member in accordance with Member. A copy of the Members Schedule as of the execution of this Agreement (which update shall not constitute an amendment to the Agreement). The Members is attached hereto as Schedule shall be kept confidential, except as may be required by applicable law.A.

Appears in 1 contract

Sources: Limited Liability Company Agreement (Ternio, LLC)

Units Generally. The Membership Interests of the Members shall be represented by issued and outstanding Units, which may be divided into one or more types, classes c1asses or series. Each type, class or series of Units shall have the privileges, preference, duties, liabilities, obligations and rights, including voting rights, if any, set forth in this Agreement with respect to such type, class or series. The Managing Member Board shall maintain a schedule of all Members, their respective mailing addresses and the amount and series of Units held by them (the “Members Schedule”), which Members Schedule is attached hereto, and shall update the Members Schedule upon the issuance or Transfer of any Units to any new or existing Member in accordance with Member. A copy of the Members Schedule as of the initial execution of this Agreement (which update shall not constitute an amendment to the Agreement). The Members is attached hereto as Schedule shall be kept confidential, except as may be required by applicable law.A.

Appears in 1 contract

Sources: Limited Liability Company Agreement (Longeveron LLC)

Units Generally. The Membership Interests Interest of the Members shall be represented by issued and outstanding Units, which may be divided into one or more types, classes classes, or series. Each type, class class, or series of Units shall have the privileges, preference, duties, liabilities, obligations obligations, and rights, including voting rights, if any, set forth in this Agreement with respect to such type, class class, or series. The Managing Member Company shall maintain a schedule of all Members, their respective mailing addresses addresses, and the amount and series of Units held by them (the “Members Schedule”), which Members Schedule is attached hereto, and shall update the Members Schedule upon the issuance or Transfer of any Units to any new or existing Member in accordance with Member. A copy of the Members Schedule as of the execution of this Agreement (which update shall not constitute an amendment to the Agreement). The Members is attached hereto as Schedule shall be kept confidential, except as may be required by applicable law.A.

Appears in 1 contract

Sources: Operating Agreement (Csac Acquisition Inc.)

Units Generally. The Membership Interests of the Members shall be represented by issued and outstanding Units, which may be divided into one or more types, classes classes, or series. Each type, class class, or series of Units shall have the privileges, preference, duties, liabilities, obligations obligations, and rights, including voting rights, if any, set forth in this Agreement with respect to such type, class class, or series. The Managing Member Manager shall maintain a schedule of all Members, their respective mailing addresses addresses, and the amount and type, class, or series of Units held by them (the “Members Schedule”), which Members Schedule is attached hereto, and shall update the Members Schedule upon the issuance or Transfer of any Units to any new or existing Member in accordance with this Agreement (which update shall not constitute an amendment to Agreement. A copy of the Agreement). The Members Schedule shall be kept confidential, except as may be required by applicable law.of the execution of this Agreement is attached hereto as Schedule A.

Appears in 1 contract

Sources: Limited Liability Company Agreement (BIT ORIGIN LTD)