Common use of Issuance of Additional Interests Clause in Contracts

Issuance of Additional Interests. Subject to the other provisions of this Agreement, Additional Interests may be issued for such Capital Contributions and with such rights, privileges and preferences as shall be approved by a majority of the Management Committee. If the issuance of additional Interests has been properly approved under this Section 2.6, the Persons to whom such additional Interests have been issued shall automatically be admitted to the Company as Members.

Issuance of Additional Interests. Subject to the other provisions of this Agreement, Additional Interests may be issued for such Capital Contributions and with such rights, privileges and preferences as shall be unanimously approved by a majority of the Management Committee. If the issuance of additional Interests has been properly approved under this Section 2.6, the Persons to whom such additional Interests have been issued shall automatically be admitted to the Company as Members.. 2.7

Issuance of Additional Interests. Subject to the other provisions of this Agreement, Additional Interests may be issued for such Capital Contributions and with such rights, privileges and preferences as shall be approved by a majority of the Management Committee. If the issuance of additional Interests has been properly approved under this Section 2.6, the Persons to whom such additional Interests have been issued shall will automatically be admitted to the Company as Members.

Issuance of Additional Interests. Subject to the other provisions of this Agreement, Additional Interests may be issued for such Capital Contributions and with such rights, privileges and preferences as shall be unanimously approved by a majority of the Management CommitteeMembers. If the issuance of additional Interests has been properly approved under this Section 2.6, the Persons to whom such additional Interests have been issued shall automatically be admitted to the Company as Members.