Common use of Issuances of Additional Units Clause in Contracts

Issuances of Additional Units. The Manager shall have the right to cause the Company to issue or sell to Members or other Persons: (i) additional Units (including other classes or series thereof having different rights), (ii) obligations, evidences of indebtedness or other securities or interests convertible or exchangeable into Units, and (iii) warrants, options or other rights to purchase or otherwise acquire Units.

Appears in 11 contracts

Samples: Operating Agreement (Stack Rock Capital, L.L.C.), Limited Liability Company Agreement (Boise White Paper Sales Corp.), Limited Liability Company Agreement (Boise White Paper Sales Corp.)

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Issuances of Additional Units. The Manager Managers shall have the right to cause the Company to issue or sell to Members or other Persons: (i) additional Units (including other classes or series thereof having different rights), (ii) obligations, evidences of indebtedness or other securities or interests convertible or exchangeable into Units, and (iii) warrants, options or other rights to purchase or otherwise acquire Units.

Appears in 1 contract

Samples: Limited Liability Company Operating Agreement (US Power Generating CO)

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