SERIES DESIGNATIONS Clause Samples

SERIES DESIGNATIONS. Pursuant to Section 18-215 of the Act, the Company designates the following series of members, managers or limited liability company interests as having separate rights, powers or duties with respect to specified property or obligations of the Company or profits and losses associated with specified property or obligations:
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SERIES DESIGNATIONS. The Notes may, at the election of the Board of Directors, be in one or more series and shall be designated generally as the Senior Notes of the Company, with such further appropriate particular designation added to, or incorporated in, or eliminated from, such title, for the Notes of any particular series, as the Board of Directors may determine. Each Note shall bear upon the face thereof the designation so selected for the series to which it belongs. All Notes of any one series at any time simultaneously Outstanding shall be identical in respect of date of maturity, the place or places of payment of principal and of interest, the rate or rates of interest and dates of interest payments and the terms of required and optional prepayment or redemption, if prepayable or redeemable, the terms of convertibility, if convertible, and in respect of sinking fund and analogous provisions (if any). The Notes of each series may be issued in denominations of $1,000 and any integral multiple thereof or in such denominations as are otherwise provided for in the Supplemental Indenture authorizing the issuance thereof.
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Related to SERIES DESIGNATIONS

  • Series Designation The Series Designation establishing a Series may: (i) specify a name or names under which the business and affairs of such Series may be conducted; (ii) designate, fix and determine the relative rights, powers, authority, privileges, preferences, duties, responsibilities, liabilities and obligations in respect of Interests of such Series and the Members associated therewith (to the extent such terms differ from those set forth in this Agreement) and (iii) designate or authorize the designation of specific Officers to be associated with such Series. A Series Designation (or any resolution of the Managing Member amending any Series Designation) shall be effective when a duly executed original of the same is included by the Managing Member among the permanent records of the Company, and shall be annexed to, and constitute part of, this Agreement (it being understood and agreed that, upon such effective date, the Series described in such Series Designation shall be deemed to have been established and the Interests of such Series shall be deemed to have been authorized in accordance with the provisions thereof). The Series Designation establishing a Series may set forth specific provisions governing the rights of such Series against a Member associated with such Series who fails to comply with the applicable provisions of this Agreement (including, for the avoidance of doubt, the applicable provisions of such Series Designation). In the event of a conflict between the terms and conditions of this Agreement and a Series Designation, the terms and conditions of the Series Designation shall prevail.

  • Timber Designations Timber designated for cutting shall be confined to Sale Area, except as provided in B2.131, B2.14, B2.15, B2.32, and B5. 1. Sale Area Map

  • Certificate of Designations The Certificate of Designations shall have been filed with the Secretary of State of the State of Delaware.

  • Creation and Designation There is hereby created a Tranche of Class A Notes to be issued pursuant to this Terms Document, the Indenture and the Indenture Supplement to be known as the “DiscoverSeries Class A( - ) Notes.”

  • Board Composition and Board Designations The Company shall ensure that: (i) the qualifications of the persons serving as members of the Board of Directors and the overall composition of the Board comply with the S▇▇▇▇▇▇▇-▇▇▇▇▇ Act, with the Exchange Act and with the listing rules of the Exchange or any other national securities exchange, as the case may be, in the event the Company seeks to have its Public Securities listed on another exchange or quoted on an automated quotation system, and (ii) if applicable, at least one member of the Audit Committee of the Board of Directors qualifies as an “audit committee financial expert,” as such term is defined under Regulation S-K and the listing rules of the Exchange.