Common use of Membership Interests and Organization Clause in Contracts

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 Power LLC), Operating Agreement (Cleco Corp), Operating Agreement

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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)

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