Valid Interests. The Class B Membership Interest will constitute a membership interest in the Company, and are being issued free and clear of any Liens except for obligations that will apply to JPM upon its admission as a member of the Company under the Company LLC Agreement.
Appears in 2 contracts
Sources: Equity Contribution Agreement, Equity Contribution Agreement (Ormat Technologies, Inc.)
Valid Interests. The Class B Membership Interest Interests will constitute a valid membership interest interests in the Company, and are being issued free and clear of any Liens except for obligations that will apply to JPM upon its admission as a member of the Company under the Company LLC Agreement.
Appears in 1 contract
Sources: Equity Contribution Agreement (Ormat Technologies, Inc.)