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 660,000,000. The capital structure of the Company shall initially consist of three (3) classes of membership interests: (i) Series A Common Units, (ii) Series B Common Units and (iii) Series C Common Units. The authorized Units that the Company has the authority to issue shall consist of (A) 66,000,000 Series A Common Units, (B) 550,000,000 Series B Common Units and (C) 44,000,000 Series C Common Units.
Appears in 4 contracts
Samples: Operating Agreement (Officemax Inc), Operating Agreement (Boise Cascade Holdings, L.L.C.), Operating Agreement (Boise Cascade Holdings, L.L.C.)
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 660,000,000653,165,775. The capital structure of the Company shall initially consist of three (3) classes of membership interests: (i) Series A Common Units, (ii) Series B Common Units and (iii) Series C Common Units. The authorized Units that the Company has the authority to issue shall consist of (A) 66,000,000 Series A Common Units, (B) 550,000,000 549,000,000 Series B Common Units and (C) 44,000,000 38,165,775 Series C Common Units.
Appears in 2 contracts
Samples: Operating Agreement (Boise Cascade Holdings, L.L.C.), Operating Agreement (Officemax Inc)
