Classes. (a) The membership interests of the Company shall consist of common membership interests (“Common Interests”). (b) All Common Interests shall be identical with each other in every respect, except that, should additional member(s) be admitted, Common Interests of each member shall reflect its capital account relative to the other member(s).
Appears in 11 contracts
Samples: Limited Liability Company Agreement (Cinergy Corp), Limited Liability Company Agreement (Cinergy Corp), Limited Liability Company Agreement (Cinergy Corp)
Classes. (a) The membership interests of the Company shall consist of one class of common membership interests (“Common Interests”).
(b) All . Except as specifically provided herein, all Common Interests shall be identical with each other in every respect, except that, should additional member(s) be admitted, Common Interests of each member shall reflect its capital account relative to the other member(s).
Appears in 5 contracts
Samples: Limited Liability Company Operating Agreement (Travelport Holdings, LLC /DE/), Limited Liability Company Agreement (S.D. Shepherd Systems, Inc.), Limited Liability Company Operating Agreement (S.D. Shepherd Systems, Inc.)
Classes. (a) The membership Membership interests of the Company shall consist of one class of common membership Membership interests (“"Common Interests”").
(b) All . Except as specifically provided herein, all Common Interests shall be identical with each other in every respect, except that, should additional member(s) be admitted, Common Interests of each member shall reflect its capital account relative to the other member(s).
Appears in 2 contracts
Samples: Limited Liability Company Operating Agreement (Wizard Co., Inc.), Limited Liability Company Operating Agreement (Wizard Co., Inc.)
Classes. (a) The membership Membership interests of the Company shall consist of one class of common membership Membership interests (“Common Interests”).
(b) All . Except as specifically provided herein, all Common Interests shall be identical with each other in every respect, except that, should additional member(s) be admitted, Common Interests of each member shall reflect its capital account relative to the other member(s).
Appears in 2 contracts
Samples: Operating Agreement (S.D. Shepherd Systems, Inc.), Operating Agreement (S.D. Shepherd Systems, Inc.)
Classes. (a) The membership interests of the Company shall consist of one class of common membership interests (“"Common Interests”").
(b) All . Except as specifically provided herein, all Common Interests shall be identical with each other in every respect, except that, should additional member(s) be admitted, Common Interests of each member shall reflect its capital account relative to the other member(s).
Appears in 1 contract
Classes. (a) The membership interests of the Company shall consist of common membership interests (“Common Interests”).
(b) All Common Interests shall be identical with each other in every respect, except that, should additional member(s) members be admitted, Common Interests of each member shall reflect its capital account relative to the other member(s)members.
Appears in 1 contract
