Authorized Units. Subject to the terms of this Agreement, the Company is authorized to issue equity interests in the Company designated as Units. The total number of Units that the Company shall have authority to issue is 1,000, all of which shall be designated as Common Units.
Appears in 11 contracts
Samples: Operating Agreement (Stack Rock Capital, L.L.C.), Operating Agreement (Boise White Paper Sales Corp.), Operating Agreement (Boise White Paper Sales Corp.)
Authorized Units. Subject to the terms of this Agreement, the Company is authorized to issue equity interests in the Company designated as Units. The total number of Units that the Company shall have authority to issue is 1,000, all of which shall be designated as 29,700,000 Common Units.
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Authorized Units. Subject to the terms of this Agreement, the Company is authorized to issue equity interests in the Company designated as Units. The total number of Units that the Company shall have authority is authorized to issue is 1,000100, all unless otherwise determined by the unanimous approval of the Members, which determination shall be designated as Common Unitsconstitute an amendment to this Agreement permitted by Section 16.5.
Appears in 1 contract
Authorized Units. Subject to the terms of this Agreement, the Company is authorized to issue equity interests in the Company designated as Units. The total number of Units that the Company shall have authority to initially issue is 1,000, all of which shall be designated as Common Units. The Managers may at any time, without any action by the Members, increase such total number of Units and designate any other classes or series of Units that the Company shall have authority to issue.
Appears in 1 contract
Samples: Limited Liability Company Operating Agreement (US Power Generating CO)
