Shares Generally. The Equity Interests of the Members shall be represented by issued and outstanding Shares (which shall not be certificated unless otherwise determined by the Board). The Company shall maintain a schedule of all Members from time to time setting forth the percentage of Shares held by them (as the same may be amended, modified or supplemented from time to time, the “Members Schedule”), a copy of which as of the execution of this Agreement is attached hereto as Schedule A. Ownership of a Share (or fraction thereof) shall not, to the extent permitted by law, entitle a Member to call for a partition or division of any property of the Company or for any accounting.
Appears in 4 contracts
Samples: Limited Liability Company Agreement (Teekay Offshore Partners L.P.), Limited Liability Company Agreement (Teekay Offshore Partners L.P.), Limited Liability Company Agreement (Teekay Corp)
