Common use of Common Units Issued After the Initial Closing Date Clause in Contracts

Common Units Issued After the Initial Closing Date. During the Closing Period, the Company may, in the Board’s discretion, issue additional Common Units to newly admitted Members (a “Later-Closing Investor”) or to existing Members (who will be treated as Later-Closing Investors with respect to such newly issued Common Units). Each Later-Closing Investor will be required to contribute to the Company in respect of each newly issued Common Unit the sum of the following:

Appears in 5 contracts

Samples: Limited Liability Company Agreement (TCW Direct Lending VII LLC), Limited Liability Company Agreement (TCW Direct Lending VII LLC), Limited Liability Company Agreement (TCW Direct Lending VII LLC)

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