Issuance of Additional Membership Interests. Additional membership interests in the Company may be issued from time to time for such consideration, or as a dividend, as the Members may determine. Upon receipt by the Company of payment of the consideration for the issuance of membership interests, such membership interests shall be fully paid and nonassessable.
Appears in 4 contracts
Samples: Limited Liability Company Agreement (Niska US GP LLC), Limited Liability Company Agreement (Niska GP ULC), Limited Liability Company Agreement (Niska GP ULC)