Common use of Register, Registration of Transfer and Exchange Clause in Contracts

Register, Registration of Transfer and Exchange. (a) The Company shall keep or cause to be kept on behalf of the Company a register that, subject to any requirements of the Board of Directors and subject to the provisions of Section 3.5(b), will provide for the registration and transfer of Member Interests. The Transfer Agent is hereby appointed registrar and transfer agent for the purpose of registering Member Interests and transfers of Member Interests as herein provided. The Company shall not recognize transfers of Member Interests unless the same are effected in the manner described in this Section 3.5. Upon surrender for registration of transfer of any Certificate and subject to the provisions of Section 3.5(b), the appropriate Officers of the Company shall execute (or cause a facsimile signature to be attached to) and the Transfer Agent shall countersign and deliver, in the name of the holder or the designated transferee or transferees, as required pursuant to the Record Holder's instructions, one or more new Certificates evidencing the same aggregate number and type of Member Interests as were evidenced by the Certificate so surrendered.

Register, Registration of Transfer and Exchange. (a) The Company shall keep or cause to be kept on behalf of the Company a register that, subject to any requirements of the Board of Directors and subject to the provisions of Section 3.5(b), will provide for the registration and transfer of Member InterestsCompany Securities. The Transfer Agent is hereby appointed registrar and transfer agent for the purpose of registering Member Interests Company Securities and transfers of Member Interests Company Securities as herein provided. The Company shall not recognize transfers of Member Interests Company Securities unless the same are effected in the manner described in this Section 3.5. Upon surrender for registration of transfer of any Certificate and subject to the provisions of Section 3.5(b), the appropriate Officers of the Company shall execute (or cause a facsimile signature to be attached to) and the Transfer Agent shall countersign and deliver, in the name of the holder or the designated transferee or transferees, as required pursuant to the Record Holder's instructions, one or more new Certificates evidencing the same aggregate number and type of Member Interests Company Securities as were evidenced by the Certificate so surrendered.