Membership Interests of LLC. Each one percent of the issued and outstanding membership interests in LLC shall be converted into one transferable certificate of participation or share of the Surviving Entity.
Appears in 2 contracts
Samples: Merger Agreement (New England Electric System), Merger Agreement (New England Electric System)
Membership Interests of LLC. Each one percent of the issued and an outstanding membership interests in LLC shall be converted into one transferable certificate of participation or share of the Surviving Entity.
Appears in 2 contracts
Samples: Merger Agreement (Eastern Edison Co), Merger Agreement (Eastern Utilities Associates)
