Terms of Membership Interests. The original Membership Interests reflected in Schedule A are ordinary membership interests of one class, without series, and shall have the rights provided by law, subject to any statement in this Agreement of the specific rights or terms of such Membership Interests.
Terms of Membership Interests. The original Membership Interests reflected in the Section 6.2 are ordinary membership interests of one class, without series, and shall have the rights provided by the LLC Act, subject to any statements and limitations in the Articles or this Agreement of the specific rights or terms of such Membership Interests.
Terms of Membership Interests. All Membership Interests are ordinary membership interests of one class, without series, and shall have the rights provided by law, subject to any statement in this Agreement of the specific rights or terms of such Membership Interests.
Terms of Membership Interests. The Company will have one class of Membership Interests as set forth below: Class A member — Class to be owned by the Founders of the Company and outside investors in the Company with such rights with respect to voting and sharing in profits of the Company as determined by the Board of Governors from time to time. All Membership Interests of the Company shall have the rights provided by law, subject to any statement in this Agreement of the specific rights or terms of such Membership Interests.
Terms of Membership Interests. The original Membership Interest of the Member is an ordinary membership interest, which shall have the rights provided by the LLC Act, subject to any statements and limitations in the Certificate. The Member shall be entitled to vote on all Company matters, except as may be provided otherwise in this Agreement.
Terms of Membership Interests. The Original Capital Contribution (as defined in Section 6.1) and the Percentage Interest and Voting Interest included in the original Membership Interest of each of the Members are reflected below and are ordinary membership interests of one class, without series, and shall have the rights provided by the LLC Act, subject to any statements and limitations in the Articles or this Agreement of the specific rights or terms of such Membership Interests: ---------------------------------------------------------------------------------------------------------------- Member Original Capital Percentage Voting Contribution Interests Interests ---------------------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------------------- Metroplex $10,000 (in cash) 50%* 49%** ---------------------------------------------------------------------------------------------------------------- GCN $10,000 (the value of the Company's 50%* 51%** Option and the Cable Options, as described in the Joint Contribution Agreement) ---------------------------------------------------------------------------------------------------------------- Total $20,000 100% 100% ---------------------------------------------------------------------------------------------------------------- * Subject to certain variations set forth in Sections 7.2 and 7.3. ** Members shall be entitled to vote on all matters in proportion to their Voting Interests, except as may be provided otherwise in Article 10, elsewhere in this Agreement or pursuant to the following paragraph. A Member's right to vote is a Governance Right. With the written consent of the Appointing Members, the Board may enter into Contribution Agreements with prospective Members providing for one or more classes of Interests having either Governance Rights that are limited (as compared with the original Interests) or Financial Rights that are limited or preferred (as compared with the original Interests), or any combination of such rights. If any such new class of Interests is issued, this Agreement shall be amended to state the rights of such Interests.
Terms of Membership Interests. 7 6.2 Voting.................................................................7 6.3
Terms of Membership Interests. The Membership Interests are ordinary membership interests of one class, without series, and shall be equal in all respects and have identical rights and preferences, except as otherwise expressly provided in this Agreement.
Terms of Membership Interests. Membership Interests in the Company are denominated "Units." The Company's Units shall have the rights provided by this Agreement, subject to any limitations in the Articles or the LLC Act. Each Member's Original Capital Contribution (as defined in Section 3.1(d)) and number and type of Units held shall be set forth in Exhibit A, as amended from time to time pursuant hereto.
