Common use of ISSUANCE OF DIFFERENT CLASSES Clause in Contracts

ISSUANCE OF DIFFERENT CLASSES. (a) The Manager may, at any time and from time to time, issue different Classes of Units, and may adjust the allocation, voting and other provisions of this Agreement so as equitably to reflect the issuance of such additional Classes. The Manager may also alter the terms on which Units of any Class are sold, provided that doing so does not adversely affect existing Investors.

Appears in 5 contracts

Samples: Limited Liability Company Operating Agreement (ML APM Global Commodity FuturesAccess LLC), Limited Liability Company Operating Agreement (ML Aspect FuturesAccess LLC), Limited Liability Company Operating Agreement (ML Cornerstone FuturesAccess LLC)

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