Issuance of Membership Interest Sample Clauses

Issuance of Membership Interest. In consideration of the contribution of the cash payment described in Section 2.1 and the contribution and transfer of the Contributed Assets by Member to the Company, Company hereby issues to Member the Membership Interest.
AutoNDA by SimpleDocs
Issuance of Membership Interest. The Issuer shall not issue any securities convertible into or exchangeable for, or any options, warrants or other rights to acquire, any membership interests of the Issuer.
Issuance of Membership Interest. MONY Group shall not cause or permit the Issuer to issue any securities convertible into or exchangeable for, or any options, warrants or other rights to acquire, any membership interests of the Issuer.
Issuance of Membership Interest. In consideration of the contribution and transfer of the Contributed Assets and Contributed Liabilities by Xxxxxx to the Company, at the Closing, Company shall issue to Xxxxxx the Membership Interest.
Issuance of Membership Interest. Except as contemplated by this Agreement, COMPANY shall not sell, issue, pledge, authorize or propose the sale or issuance of, pledge or purchase or propose the purchase of, any membership interest of any class or securities convertible into, or rights, warrants or options to acquire, any such membership interest certificates or other convertible securities (other than the issuance of certificates of COMPANY Membership Interest upon the exercise or conversion, if any, of currently outstanding COMPANY membership interest options).
Issuance of Membership Interest. In consideration of MediaChase's assignment, transfer, conveyance and delivery of the Assets to StudioBuzz, effective as of the Effective Date, StudioBuzz shall issue to MediaChase a 100% Membership Interest.
Issuance of Membership Interest. On April 1, 2008 (the “Vesting Date”), the Company shall issue to Employee ten (10) units of the Company (the “Units”), which represent ten percent (10%) of the issued and outstanding membership interests of the Company. On such date of issuance, the Company shall deliver to Employee a membership certificate registered in Employee’s name representing the Units and Employee shall sign a receipt acknowledging receipt of the Units.
AutoNDA by SimpleDocs
Issuance of Membership Interest. As consideration for this Agreement, Shooting Star agrees to grant to SRI a twenty percent (20%) membership interest in Shooting Star. As a result of this Agreement and other documents executed contemporaneously herewith, Shooting Star shall issue One Thousand (1,000) membership units, with the result that ThinkLinking LLC shall own 220 membership units, or twenty-two percent (22%) ownership in Shooting Star, SRI shall own 200 membership units, or twenty percent (20%) ownership in Shooting Star, Inflated Hedged Assets, LLC shall own 280 membership units, or twenty-eight percent (28%) ownership in Shooting Star and Xxxxxxx shall own 300 membership units, or thirty percent (30%) ownership in Shooting Star.
Issuance of Membership Interest. In consideration of the assignment, transfer, conveyance and delivery by the Assignors of the Assets to ReporterTV, effective as of the Effective Date, ReporterTV shall issue to MediaChase a 100% Membership Interest.
Issuance of Membership Interest. The Company is hereby issuing to the Investor the Membership Interest, subject to the terms and conditions of this Agreement.
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!