Membership Interest Ownership Ledger; Certificates Sample Clauses

Membership Interest Ownership Ledger; Certificates. NGR Management shall create and maintain a Membership Interest Ownership ledger (the “Membership Interest Ownership Ledger”) in the form. The initial Membership Interest Ownership Ledger is attached hereto as Exhibit B.Schedule 1. The Membership Interest Ownership Ledger shall set forth the date as of which the Membership Interest Ownership Ledger is effective, the name, address, facsimile number and e-mail address of each Member, and the number of Membership Interests held of record by each such Member. Upon any change in the number or ownership of outstanding Membership Interests (whether upon an issuance of Membership Interests, a Transfer of Membership Interests, a repurchase, redemption or cancellation of Membership Interests or otherwise, in each case in accordance with the terms of this Agreement), the Board shall cause the Membership Interest Ownership Ledger to be amended and updated to reflect such transactions (and any such amendment or update shall not be deemed an amendment of this Agreement for any purpose and shall not require the consent of any Person other than the Board). Any reference in this Agreement to the Membership Interest Ownership Ledger (other than one that specifically references the Effective Date) shall be deemed a reference to the Membership Interest Ownership Ledger as amended and in effect from time to time. Subject to Section 6.7(b), upon written request from a Member, NGR Management shall deliver a copy of the then effective Membership Interest Ownership Ledger to such requesting Member. Absent fraud or manifest error, the ownership interests recorded on the Membership Interest Ownership Ledger shall be the conclusive record of the outstanding Membership Interests and the record owners thereof. [Unless the Board determines that the Membership Interests shall be certificated, NGR Management shall not issue certificates representing the Membership Interests held by the Members.]
Sample 1
AutoNDA by SimpleDocs

Related to Membership Interest Ownership Ledger; Certificates

  • Digital Certificates The iOS Software contains functionality that allows it to accept digital certificates either issued from Apple or from third parties. YOU ARE SOLELY RESPONSIBLE FOR DECIDING WHETHER OR NOT TO RELY ON A CERTIFICATE WHETHER ISSUED BY APPLE OR A THIRD PARTY. YOUR USE OF DIGITAL CERTIFICATES IS AT YOUR SOLE RISK. TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, APPLE MAKES NO WARRANTIES OR REPRESENTATIONS, EXPRESS OR IMPLIED, AS TO MERCHANTABILITY OR FITNESS FOR ANY PARTICULAR PURPOSE, ACCURACY, SECURITY, OR NON-INFRINGEMENT OF THIRD PARTY RIGHTS WITH RESPECT TO DIGITAL CERTIFICATES.

  • Membership Interests The Sole Member currently owns one hundred percent (100%) of the percentage interests in the Company.

  • Certificates Evidencing Membership (Check if Applicable) ☐ - MULTI-MEMBER: Every membership interest in the Company shall be evidenced by a Certificate of Membership issued by the Company. Each Certificate of Membership shall set forth the name of the Member holding the membership interest and the Member’s Percentage Interest held by the Member, and shall bear the following legend: “The membership interest represented by this certificate is subject to, and may not be transferred except in accordance with, the provisions of the Operating Agreement of , LLC, dated effective as of , 20 , as the same from time to time may be amended, a copy of which is on file at the principal office of the Company.”

  • Transfer of Membership Interest The Sole Member may Transfer any part or all of its rights and interest (including, but not limited to, its Capital Account) in the Company (each a “Membership Interest”) now owned or hereafter acquired to any Person, and the transferee of such Membership Interest shall become a Member of the Company.

  • Instructions for Certification - Lower Tier Participants (Applicable to all subcontracts, purchase orders and other lower tier transactions requiring prior FHWA approval or estimated to cost $25,000 or more - 2 CFR Parts 180 and 1200)

  • Exempt Beneficial Owners other than Funds The following Entities shall be treated as Non-Reporting Finnish Financial Institutions and as exempt beneficial owners for purposes of sections 1471 and 1472 of the U.S. Internal Revenue Code, other than with respect to a payment that is derived from an obligation held in connection with a commercial financial activity of a type engaged in by a Specified Insurance Company, Custodial Institution, or Depository Institution.

  • Final Certificate, Design Professional’s Certificate of Final Completion The Certificate issued by the Design Professional stating that all work has been completed in accordance with the terms of the Contract Documents. See Section 6,

  • Classes of Trust Fund Certificates The Trust Fund Certificates authorized by this Trust Agreement shall be divided into the Classes listed on the cover of the Prospectus Supplement (other than the Class 46-RL Certificate), which Classes shall have the Class designations, original Class Balances, Interest Rates and Final Distribution Dates specified in the Prospectus Supplement.

  • Provisional Certificate 14.3.1 The Independent Engineer may, at the request of the Concessionaire, issue a provisional certificate of completion substantially in the form set forth in Schedule-J (the "Provisional Certificate") if the Tests are successful and the Bus Terminal can be safely and reliably placed in commercial operation though certain works or things forming part thereof are outstanding and not yet complete. In such an event, the Provisional Certificate shall have appended thereto a list of outstanding items signed jointly by the Independent Engineer and the Concessionaire (the "Punch List"); provided that the Independent Engineer shall not withhold the Provisional Certificate for reason of any work remaining incomplete if the delay in completion thereof is attributable to the Authority.

  • Persons Deemed Owners of the Residual Certificates Prior to due presentation of a Residual Certificate for registration of transfer, Xxxxxx Xxx, the Trustee, the Certificate Registrar and any agent of Xxxxxx Mae or the Trustee may treat the Person in whose name the Residual Certificate is registered as the owner of the Residual Certificate for the purpose of receiving distributions, if any, pursuant hereto and for all other purposes whatsoever, and neither Xxxxxx Xxx nor the Trustee, the Certificate Registrar or any agent of Xxxxxx Mae or the Trustee shall be affected by notice to the contrary.

Time is Money Join Law Insider Premium to draft better contracts faster.