Common use of Membership Interests Clause in Contracts

Membership Interests. The Company shall be authorized to issue one hundred (100) membership interests ("Membership Interests"), all of which shall be issued to the Member.

Appears in 12 contracts

Samples: Limited Liability Company Agreement (American Barge Line Co), Limited Liability Company Agreement (American Barge Line Co), Limited Liability Company Agreement (American Barge Line Co)

AutoNDA by SimpleDocs

Membership Interests. The Company shall be authorized to issue one hundred (100) membership interests ("Membership Interests"), all of which shall be issued to the Member. Membership Interests shall for all purposes be personal property.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (Acl Capital Corp), Limited Liability Company Agreement (Acl Capital Corp), Limited Liability Company Agreement (American Commercial Lines LLC)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!