Common use of Additional Shareholders Clause in Contracts

Additional Shareholders. The Board of Directors shall have the right to admit additional Shareholders upon such terms and conditions, at such time or times, and for such Capital Contributions as shall be determined by the Board of Directors; and in connection with any such admission, the Board of Directors shall amend Schedule I hereof to reflect the name, address and Capital Contribution of the additional Shareholder and the number of Shares issued to the additional Shareholder in respect of its Capital Contribution.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (DPS Americas Beverages Investments, Inc.), Limited Liability Company Agreement (DPS Americas Beverages Investments, Inc.), Limited Liability Company Agreement (DPS Americas Beverages Investments, Inc.)

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Additional Shareholders. The Board of Directors shall have the right to admit additional Shareholders upon such terms and conditions, at such time or times, and for such Capital Contributions as shall be determined by the Board of Directors; and in connection with any such admission, the Board of Directors shall amend Schedule I hereof to reflect the name, address and Capital Contribution of the additional Shareholder and the number of Shares issued to the additional Shareholder any agreed upon changes in respect of its Capital ContributionPercentage Interests.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Usa Reit Fund LLC)

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