Common use of Certificates for Units Clause in Contracts

Certificates for Units. Certificates representing Units of the Company shall be in such form as determined by the Board. The President or the Vice President and by the Secretary or assistant Secretary of the Company shall sign the certificates. All certificates shall be consecutively numbered or otherwise identified. The name and address of the person to whom the certificate has been issued shall be entered on the books of the Company. All certificates surrendered to the Company for transfer shall be canceled and no new certificates shall be issued until the former certificate is surrendered and canceled by the Company.

Appears in 6 contracts

Samples: Member Control Agreement (Granite Falls Energy, LLC), Member Control Agreement, Member Control Agreement (Heron Lake BioEnergy, LLC)

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Certificates for Units. Certificates representing Units of the Company shall be in such form as determined by the Board. , The President Chairman or the Vice President Chairman and by the Secretary or assistant Secretary of the Company Board shall sign the certificates. All certificates shall be consecutively numbered or otherwise identified. The name and address of the person to whom the certificate has been issued shall be entered on the books of the Company. All certificates surrendered to the Company for transfer shall be canceled and no new certificates shall be issued until the former certificate is surrendered and canceled by the Company.

Appears in 2 contracts

Samples: Operating Agreement, Operating Agreement (Gevo, Inc.)

Certificates for Units. Certificates representing Units of the Company shall be in such form as determined by the Board. The President Chairman or the Vice President Chairman and by the Secretary or assistant Secretary of the Company Board shall sign the certificates. All certificates shall be consecutively numbered or otherwise identified. The name and address of the person to whom the certificate has been issued shall be entered on the books of the Company. All certificates surrendered to the Company for transfer shall be canceled and no new certificates shall be issued until the former certificate is surrendered and canceled by the Company.

Appears in 1 contract

Samples: Operating and Member Control Agreement (Otter Tail Ag Enterprises, LLC)

Certificates for Units. Certificates representing Units of the Company shall be in such form as determined by the the. Board. The President Chairman or the Vice President Chairman and by the Secretary or assistant Secretary of the Company Board shall sign the certificates. All certificates shall be consecutively numbered or otherwise identified. The name and address of the person to whom the certificate has been issued shall be entered on the books of the Company. All certificates surrendered to the Company for transfer shall be canceled and no new certificates shall be issued until the former certificate is surrendered and canceled by the Company.

Appears in 1 contract

Samples: Operating Agreement

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Certificates for Units. Certificates representing Units of the Company shall be in such form as determined by the Board. The President or the Vice President and by the Secretary or assistant Secretary of the Company shall sign the certificates. All certificates shall be consecutively numbered or otherwise identified. The name and address of the person to whom the certificate has been issued shall be entered on the books of the Company. All certificates surrendered to the Company for transfer shall be canceled and no new certificates shall be issued until the former certificate is surrendered and canceled by the Company.

Appears in 1 contract

Samples: Operating Agreement (US BioEnergy CORP)

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