Issuances of Additional Company Securities. (a) Subject to Section 5.6, the Company may issue additional Company Securities, and options, rights, warrants and appreciation rights relating to the Company Securities for any Company purpose at any time and from time to time to such Persons for such consideration and on such terms and conditions as the Board of Directors shall determine, all without the approval of any Members.
Appears in 3 contracts
Samples: Limited Liability Company Agreement (Linn Energy, LLC), Limited Liability Company Agreement (Linn Energy, LLC), Limited Liability Company Agreement (Linn Energy, LLC)
Issuances of Additional Company Securities. (a) Subject to Section 5.65.7, the Company may issue additional Company Securities, Securities and options, rights, warrants and appreciation rights relating to the Company Securities for any Company purpose at any time and from time to time to such Persons for such consideration and on such terms and conditions as the Board of Directors shall determine, all without the approval of any Members.
Appears in 3 contracts
Samples: Limited Liability Company Agreement (Copano Energy, L.L.C.), Limited Liability Company Agreement (Copano Energy, L.L.C.), Copano Energy, L.L.C.
Issuances of Additional Company Securities. (a) Subject to Section 5.6, at any time or from time to time after the closing of the Initial Offering the Company may issue additional Company Securities, and options, rights, warrants and appreciation rights relating to the Company Securities for any Company purpose at any time and from time to time to such Persons, and admit such Persons as members of the Company, for such consideration and on such terms and conditions as the Board of Directors Managers shall determinedetermine in its sole discretion, all without the approval of the Members of any Membersclass of Company Securities then Outstanding.
Appears in 2 contracts
Samples: Operating Agreement, Operating Agreement (Constellation Energy Partners LLC)
Issuances of Additional Company Securities. (a) Subject to Section 5.6, the The Company may issue additional Company Securities, and options, rights, warrants and appreciation rights relating to the Company Securities for any Company purpose at any time and from time to time to such Persons for such consideration and on such terms and conditions as the Board of Directors shall determine, all without the approval of any Members.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Copano Energy, L.L.C.), Limited Liability Company Agreement (Copano Energy, L.L.C.)
Issuances of Additional Company Securities. (a) Subject to Section 5.6, the Company may issue additional Company Securities, and options, rights, warrants and appreciation rights relating to the Company Securities for any Company purpose at any time and from time to time to such Persons, and admit such Persons as members of the Company, for such consideration and on such terms and conditions as the Board of Directors shall determine, all without the approval of any MembersMembers notwithstanding any provision of Section 11.1 or 11.2.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Valero Gp Holdings LLC)
Issuances of Additional Company Securities. (a) Subject to Section 5.65.5, the Company may issue additional Company Securities, and options, rights, warrants and appreciation rights relating to the Company Securities for any Company purpose at any time and from time to time to such Persons for such consideration and on such terms and conditions as the Board of Directors shall determine, all without the approval of any Members.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Linn Energy, LLC)
Issuances of Additional Company Securities. (a) Subject to Section 5.65.5, at any time and from time to time the Company may issue additional Company Securities, and options, rights, warrants and appreciation rights relating to the Company Securities for any Company purpose at any time and from time to time to such Persons, and admit such Persons as members of the Company, for such consideration and on such terms and conditions as the Board of Directors shall determinedetermine in its sole discretion, all without the approval of the Members of any Membersclass of Company Securities then Outstanding.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Vanguard Natural Resources, LLC)
Issuances of Additional Company Securities. (a) Subject to Section 5.6, the Company may issue additional Company Securities, Securities and options, rights, warrants and appreciation rights relating to the Company Securities for any Company purpose at any time and from time to time to such Persons for such consideration and on such terms and conditions as the Board of Directors shall determine, all without the approval of any Members.
Appears in 1 contract
Samples: Copano Energy, L.L.C.
Issuances of Additional Company Securities. (a) Subject to Section 5.65.7, the Company may issue additional Company Securities, and options, rights, warrants and appreciation rights relating to the Company Securities for any Company purpose at any time and from time to time to such Persons for such consideration and on such terms and conditions as the Board of Directors shall determine, all without the approval of any Members.
Appears in 1 contract
Samples: Copano Energy, L.L.C.
Issuances of Additional Company Securities. (a) Subject to Section 5.65.4, at any time or from time to time the Company may issue additional Company Securities, and options, rights, warrants and appreciation rights relating to the Company Securities for any Company purpose at any time and from time to time to such Persons, and admit such Persons as members of the Company, for such consideration and on such terms and conditions as the Board of Directors shall determine, all without the approval of any Membersdetermine in its sole discretion.
Appears in 1 contract
Issuances of Additional Company Securities. (a) Subject to Section 5.6, at any time or from time to time after the closing of the Initial Offering the Company may issue additional Company Securities, and options, rights, warrants and appreciation rights relating to the Company Securities for any Company purpose at any time and from time to time to such Persons, and admit such Persons as members of the Company, for such consideration and on such terms and conditions as the Board of Directors shall determinedetermine in its sole discretion, all without the approval of the Members of any Membersclass of Company Securities then Outstanding.
Appears in 1 contract
