Membership Interests and Organization. Exhibit A to this Agreement states the initial interest of the Initial Member (the “Membership Interest”) in the Company, and the initial contribution of cash or property by such Initial Member.
Appears in 3 contracts
Samples: Operating Agreement (Cleco Corp), Operating Agreement (Cleco Power LLC), Operating Agreement
Membership Interests and Organization. Exhibit A to this Agreement states the initial interest of the Initial Member (the “"Membership Interest”") in the Company, and the initial contribution of cash or property by such Initial Member.
Appears in 2 contracts
Samples: Operating Agreement (Cleco Power LLC), Operating Agreement (Cleco Corp)