Company Interests Sample Clauses

Company Interests. Subject to the other provisions of this Agreement or a Series Agreement, each Series Interest shall have the rights, and be subject to the obligations, identical to those of every other Interest of the same Member Class in a Series. The Founder retains the sole and exclusive right to establish Series, Series Member Classes, the quantity and value of Units in a Series to be sold in exchange for Capital Contributions to each Series as may be necessary to accomplish the objectives of the Series or the Company. The voting rights, if any associated with the Units will be specified in a Series Agreement. If any non-voting Interests are issued by a Series, the non-voting Interest holders although Series Members, shall be passive, shall not have any power to vote, except as otherwise provided in such Series Agreement or by law, and shall only obtain a purely Economic Interest in the particular Series. Initial Interest Allocation for Interests Issued by the Company to its Founder: Mythic Markets, Inc.: 100%
AutoNDA by SimpleDocs
Company Interests. Subject to the other provisions of this Agreement or a Series Agreement, each Series Interest shall have the rights, and be subject to the obligations, identical to those of every other Interest of the same Member Class in a Series. The Founder retains the sole and exclusive right to establish Series, Series Member Classes, the quantity and value of Units in a Series to be sold in exchange for Capital Contributions to each Series as may be necessary to accomplish the objectives of the Series or the Company. The voting rights, if any associated with the Units will be specified in a Series Agreement. If any non-voting Interests are issued by a Series, the non-voting Interest holders although Series Members, shall be passive, shall not have any power to vote, except as otherwise provided in such Series Agreement or by law, and shall only obtain a purely Economic Interest in the particular Series. Initial Interest Allocation for Interests Issued by the Company to its Founder: VinVesto, Inc.: 100%
Company Interests. (a) Units shall not be certificated.
Company Interests. (a) Subject to the other provisions of the Agreement (including those governing Membersrespective rights to receive allocations of Net Profits and Net Losses and distributions of cash or other property, and to buy or sell interests), each interest shall have the rights, and be subject to the obligations, identical to those of each other interest of the same class and/or Series.
Company Interests. The Seller is the legal and beneficial owner of and has valid title to the Company Interests, which Company Interests are free and clear of all Encumbrances (other than restrictions on future transfers arising under the Securities Act and applicable state securities Laws). Upon consummation of the transactions contemplated by this Agreement, the Buyer will own all of the Company Interests free and clear of all Encumbrances, other than Encumbrances required under applicable securities laws. Other than this Agreement, there are no Contracts to which the Seller is a party or by which the Seller is bound with respect to the voting, sale, transfer, or other disposition of the Company Interests.
Company Interests. The Parties agree to implement the Company's capital structure and the terms of this Agreement so that at all times during the term hereof, [*].
Company Interests. The term “Interest” as used in this Agreement is defined as an interest in the Company acquired upon the making of a capital contribution by the Member (“Interest”). Interests may be issued by the Company in such classes or series (each being referred to herein as a “Series”), with each such Series bearing such rights, obligations, liabilities, privileges, designations and preferences and having different trading strategies and other terms (including without limitation different trading strategies, underlying trading advisors, management fees, incentive fees, degrees of leverage, brokerage commissions and other differences) as the Manager shall determine in its sole and absolute discretion upon the issuance of such Series.
AutoNDA by SimpleDocs
Company Interests. 11 SECTION 3.04. No Conflict.................................................. 12 SECTION 3.05. Consents and Approvals....................................... 12 SECTION 3.06. Financial Information and Books and Records.................. 12 SECTION 3.07. No Undisclosed Liabilities................................... 13 SECTION 3.08. Conduct in the Ordinary Course, Absence of Certain Changes, Events and Conditions................................ 13 SECTION 3.09. Litigation................................................... 15 SECTION 3.10. Compliance with Laws......................................... 16 SECTION 3.11. Environmental and Other Permits and Licenses; Related Matters.............................................. 16 SECTION 3.12.
Company Interests. As of the date hereof, the Shares are owned, beneficially and of record, by the Seller, free and clear of all Encumbrances. None of the outstanding equity interests in the Company was issued in violation of any preemptive rights. There are no options, warrants, convertible securities or other rights, agreements, arrangements or commitments of any character relating to the Shares or obligating the Seller or the Company to issue or sell any equity-related interest in the Company. There are no outstanding contractual obligations of the Company to repurchase, redeem or otherwise acquire any equity interests of or to provide funds to, or make any investment (in the form of a loan, capital contribution or otherwise) in, any other Person. The Shares constitute all the issued outstanding equity interests in the Company and are owned of record and beneficially solely by the Seller, free and clear of all Encumbrances. Upon consummation of the transactions contemplated by Article II, the Purchaser will fully own the Shares, free and clear of any Encumbrances (other than Encumbrances created by the Purchaser). There are no voting trusts, proxies or other agreements or understandings in effect with respect to the voting or transfer of any of the Shares.
Company Interests. At the Closing, subject to the terms and conditions set forth herein, Purchaser shall purchase and acquire from the Holding Companies, and Seller shall cause each of the Holding Companies to sell and transfer to Purchaser, the Company Interests, free and clear of any and all Liens.
Time is Money Join Law Insider Premium to draft better contracts faster.