Common use of Authorization and Issuance of Common Units Clause in Contracts

Authorization and Issuance of Common Units. Subject to compliance with Section 10.01(b), the Company is hereby authorized to issue a class of Units designated as Common Units. As of the date hereof and after giving effect to the transactions contemplated by the Common Unit Membership Interest Purchase Agreement, Common Units are issued and outstanding to Simple Growth in the amounts set forth on the Members Schedule opposite Simple Growth’s name.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Good Hemp, Inc.)

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Authorization and Issuance of Common Units. Subject to compliance with Article IX and Section 10.01(b), the Company is hereby authorized to issue a class of Units designated as Common Units. As of the date hereof and after giving effect to the transactions contemplated by the Common Unit Membership Interest Purchase AgreementSubscription Agreements, 15 Common Units are issued and outstanding to Simple Growth in the amounts set forth on the Members Schedule opposite Simple Growtheach Member’s name.

Appears in 1 contract

Samples: Operating Agreement (Helpful Alliance Co)

Authorization and Issuance of Common Units. Subject to compliance with Section 9.01 and Section 10.01(b), the Company is hereby authorized to issue a class of Units designated as Common Units. As of the date hereof hereof, the number of Common Units issued and after giving effect outstanding to the transactions contemplated by Members are set forth opposite each Member’s name on the Common Unit Membership Interest Purchase AgreementMembers Schedule. As of the date hereof, no other Common Units are issued and outstanding to Simple Growth in the amounts set forth on the Members Schedule opposite Simple Growth’s nameoutstanding.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Ascend Wellness Holdings, LLC)

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Authorization and Issuance of Common Units. Subject to compliance with Section 8.10(a) and Section 10.01(b), the Company is hereby authorized to issue a class of Units designated as Common Units. As of the date hereof and after giving effect to the transactions contemplated by the Common Unit Membership Interest Purchase Agreement, Common Units are issued and outstanding to Simple Growth in the amounts set forth on the Members Schedule opposite Simple Growth’s name.

Appears in 1 contract

Samples: Limited Liability Company Agreement

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