Common use of Additional Units Clause in Contracts

Additional Units. The Board may issue additional Units, including Class A Units and Class B Units, to existing or new Unitholders in exchange for Capital Contributions as provided in Section 3.3(b).

Appears in 6 contracts

Samples: Limited Liability Company Agreement (U. S. Premium Beef, LLC), Limited Liability Company Agreement, Limited Liability Company Agreement (U. S. Premium Beef, LLC)

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Additional Units. The Board may issue additional UnitsUnits without Member approval, including Class A Units and Class B Units, to existing or new Unitholders in exchange for Capital Contributions as provided in Section 3.3(b).

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Illini Bio-Energy, LLC), Operating Agreement (Bootheel Agri-Energy LLC)

Additional Units. The Board may issue additional UnitsUnits without Member approval, including Class A Units and Class B Units, to existing or new Unitholders in exchange for Capital Contributions as provided in Section 3.3(b)) of this Agreement.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Ozark Ethanol LLC), Limited Liability Company Agreement (Blackhawk Biofuels, LLC)

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Additional Units. The Board may issue additional UnitsUnits without Member approval, including Class A Units and Class B Units, to existing or new Unitholders in exchange for Capital Contributions as provided in Section 3.3(b).

Appears in 1 contract

Samples: Operating Agreement (Millennium Ethanol, LLC)

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