Common use of Liability of Securityholders Clause in Contracts

Liability of Securityholders. 12 ARTICLE VI MANAGEMENT......................................................................... 13 Section 6.1 Management of the LLC......................................................... 13 Section 6.2 Limits on Board of Directors' Powers.......................................... 17 Section 6.3 Reliance by Sixth Parties..................................................... 17 Section 6.4 No Management by Any LLC Preferred Securityholders............................ 17 Section 6.5 Business Transactions of the LLC Common Securityholder with the LLC.................. .................................................... 17

Appears in 1 contract

Samples: Limited Liability Company Agreement (Teco Energy Inc)

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Liability of Securityholders. 12 ARTICLE Article VI MANAGEMENT......................................................................... ..................................................... 13 Section 6.1 Management of the LLC......................................................... Company................................. 13 Section 6.2 Limits on Board of Directors' Powers.......................................... ...................... 17 Section 6.3 Reliance by Sixth Third Parties..................................................... ................................. 17 Section 6.4 No Management by Any LLC Company Preferred Securityholders............................ ........................................... 17 Section 6.5 Business Transactions of the LLC Common Securityholder with the LLC.................. .................................................... Company.......................................... 17

Appears in 1 contract

Samples: Limited Liability Company Agreement (Teco Capital Trust Iii)

Liability of Securityholders. 12 17 ARTICLE VI MANAGEMENT......................................................................... 13 MANAGEMENT Section 6.1 Management of the LLC......................................................... 13 Company............................................................................. 18 Section 6.2 Limits on Board of Directors' Powers.......................................... 17 .................................................................. 22 Section 6.3 Reliance by Sixth Third Parties..................................................... 17 Section 6.4 No Management by Any LLC Preferred Securityholders............................ 17 Section 6.5 Business Transactions of the LLC Common Securityholder with the LLC.................. .................................................... 17...........................................................................

Appears in 1 contract

Samples: Limited Liability Company Agreement (Ubs Preferred Funding Co LLC I)

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Liability of Securityholders. 12 ARTICLE VI MANAGEMENT......................................................................... MANAGEMENT .................................................................... 13 Section 6.1 Management of the LLC......................................................... Company ................................................. 13 Section 6.2 Limits on Board of Directors' Powers.......................................... Powers ...................................... 17 Section 6.3 Reliance by Sixth Parties..................................................... Third Parties ................................................. 17 Section 6.4 No Management by Any LLC Company Preferred Securityholders............................ Securityholders .................... 17 Section 6.5 Business Transactions of the LLC Common Securityholder with the LLC.................. .................................................... Company ....... 17

Appears in 1 contract

Samples: Limited Liability Company Agreement (Teco Energy Inc)

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