Member Units. Each Member's interest in the Company, including ------------ such Member's interest, if any, in the capital, income, gains, losses, deductions and expenses of the Company and the right to vote, if any, on certain Company matters as provided in this Agreement, shall be represented by "Units" ----- (each, individually, a "Unit," and any number of Units, including fractions ---- thereof, "Units"). Initially, the Units shall be comprised of "Investor Units," ----- -------------- "Preferred Units," "Class A Management Units," "Class R Management Units" and --------------- ------------------------ ------------------------ "Class B Management Units." The ownership by a Member of "Investor Units," ------------------------ -------------- "Preferred Units," "Class A Management Units," "Class R Management Units" and --------------- ------------------------ ------------------------ --- "Class B Management Units" shall entitle such Member to allocations of Profits ------------------------ and Losses and other items and distributions of cash and other property with respect to such Units as set forth in Article V hereof. Ownership of a Unit by a --------- Member shall entitle such Member to one (1) vote on any matter voted on by all Members as provided in this Agreement and/or as required by applicable law. The Managing Member may cause the Company to issue to a Member certificates representing the Units held by such Member.
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Member Units. Each Member's interest in the Company, including ------------ such Member's interest, if any, in the capital, income, gains, losses, deductions and expenses of the Company and the right to vote, if any, on certain Company matters as provided in this Agreement, shall be represented by "Units" ----- (each, individually, a "Unit," and any number of Units, including fractions ---- thereof, "Units"). Initially, the Units shall be comprised of "Investor Units," ----- -------------- "Preferred Units," "Class A Management Units," "Class R Management Units" and --------------- ------------------------ ------------------------ "Class B Management Units." --------------- ------------------------ ------------------------ The ownership by a Member of "Investor Units," ------------------------ -------------- "Preferred Units," "Class A Management Units," "Class R -------------- --------------- ------- Management Units" and --------------- ------------------------ ------------------------ --- "Class B Management Units" shall entitle such Member to ---------------- ------------------------ allocations of Profits ------------------------ and Losses and other items and distributions of cash and other property with respect to such Units as set forth in Article V hereof. --------- Ownership of a Unit by a --------- Member shall entitle such Member to one (1) vote on any matter voted on by all Members as provided in this Agreement and/or as required by applicable law. The Managing Member may cause the Company to issue to a Member certificates representing the Units held by such Member.
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Member Units. Each Member's interest in the Company, including such ------------ such Member's interest, if any, in the capital, income, gains, losses, deductions and expenses of the Company and the right to vote, if any, on certain Company matters as provided in this Agreement, shall be represented by "Units" ----- (each, ----- individually, a "Unit," and any number of Units, including fractions ---- thereof, ---- "Units"). Initially, the Units shall be comprised of "Investor Units," ----- -------------- "Preferred Units," "Class A Management Units," "Class R Management Units," and --------------- ------------------------ ------------------------ "Class B Management Units." The ownership by a Member of "Investor Units," ------------------------ -------------- "Preferred Units," "Class A Management Units," "Class R Management Units," and --------------- ------------------------ ------------------------ --- "Class B Management Units" shall entitle such Member to allocations of Profits ------------------------ and Losses and other items and distributions of cash and other property with respect respects to such Units as set forth in Article V hereof. Ownership of a Unit by --------- a --------- Member shall entitle such Member to one (1) vote on any matter voted on by all Members as provided in this Agreement and/or as required by applicable law. The Managing Member may cause the Company to issue to a Member certificates representing the Units held by such Member."
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Member Units. Each Member's interest in the Company, including such ------------ such Member's interest, if any, in the capital, income, gains, losses, deductions and expenses of the Company and the right to vote, if any, on certain Company matters as provided in this Agreement, shall be represented by "Units" ----- (each, ----- individually, a "Unit," and any number of Units, including fractions ---- thereof, ---- "Units"). Initially, the Units shall be comprised of "Investor Units," ----- -------------- "Preferred Units," "Class A Management Units," "Class R Management Units" and --------------- ------------------------ ------------------------ "Class B Management Units." --------------- ------------------------ ------------------------ The ownership by a Member of "Investor Units," ------------------------ -------------- "Preferred Units," "Class A Management Units," "Class R -------------- --------------- ------- Management Units" and --------------- ------------------------ ------------------------ --- "Class B Management Units" shall entitle such Member to ---------------- ------------------------ allocations of Profits ------------------------ and Losses and other items and distributions of cash and other property with respect to such Units as set forth in Article V hereof. --------- Ownership of a Unit by a --------- Member shall entitle such Member to one (1) vote on any matter voted on by all Members as provided in this Agreement and/or as required by applicable law. The Managing Member may cause the Company to issue to a Member certificates representing the Units held by such Member.
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Member Units. Each Member's interest in the Company, including such ------------ such Member's interest, if any, in the capital, income, gains, losses, deductions and expenses of the Company and the right to vote, if any, on certain Company matters as provided in this Agreement, shall be represented by "Units" ----- (each, ----- individually, a "Unit," and any number of Units, including fractions ---- thereof, ---- "Units"). InitiallyAs of the date hereof, the Units shall be are comprised of "Class A Investor ----- ---------------- Units," "Class B Investor Units," ----- -------------- "Preferred Units," "Class A Management Units," "Class R Management Units" and ----- ---------------------- --------------- ------------------------ ------------------------ "Class B Management Units." The ownership by a Member of "Investor Units," ------------------------ -------------- "Preferred Units," "Class A Management Units," and "Class R Management Units" and --------------- ". The ownership by a ------------------------ ------------------------ --- "Member of any Class A Investor Units, Class B Investor Units, Preferred Units, Class A Management Units, Class B Management Units" Units and/or Class R Management Units shall entitle such Member to allocations of Profits ------------------------ and Losses and other items and distributions of cash and other property with respect to such Units as set forth in Article V hereof. Ownership of a Unit by a --------- Member shall entitle such Member to one (1) vote on any matter voted on by all Members as provided in this Agreement and/or as required by applicable law. The Managing Member may cause the Company to issue to a Member certificates representing the Units held by such Member.
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