Common use of Transfer of Certificates Clause in Contracts

Transfer of Certificates. Transfer of certificates of the Company shall be made pursuant to this Operating Agreement only on the transfer books of the Company by the holder of record thereof or by the holder’s legal representative, who shall furnish proper evidence of authority to transfer, or by the Member’s attorney thereunto authorized by the power of attorney duly executed and filed with the Secretary of the Company, and on surrender for cancellation of the certificate. The Person in whose name the Certificate stands on the books of the Company shall be deemed by the Company to be the owner thereof for all purposes.

Appears in 19 contracts

Samples: Operating Agreement, Operating Agreement (South Dakota Soybean Processors LLC), Operating Agreement

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Transfer of Certificates. Transfer of certificates of the Company shall be made pursuant to this Operating Agreement and only on the transfer books of the Company by the holder of record thereof or by the holder’s legal representative, who shall furnish proper evidence of authority to transfer, or by the Memberholder’s attorney thereunto authorized by the a power of attorney duly executed and filed with the Secretary of the Company, and on upon surrender for cancellation of the certificatecertificate to the Company for cancellation. The Person in whose name the Certificate stands certificate appears on the books of the Company shall be is deemed by the Company to be the owner thereof for all purposes.

Appears in 6 contracts

Samples: Member Control Agreement (Granite Falls Energy, LLC), Member Control Agreement, Member Control Agreement (Heron Lake BioEnergy, LLC)

Transfer of Certificates. Transfer of certificates of the Company shall be made pursuant to this Operating Agreement and only on the transfer books of the Company by the holder of record thereof or by the holder’s legal representative, who shall furnish proper evidence of authority to transfer, or by the Memberholder’s attorney thereunto authorized by the a power of attorney duly executed and filed with the Secretary of the Company, and on upon surrender for cancellation of the certificatecertificate to the Company for cancellation. The Person in whose name the Certificate stands appears on the books of the Company shall be is deemed by the Company to be the owner thereof for all purposes.

Appears in 2 contracts

Samples: Operating Agreement (Gevo, Inc.), Operating and Member Control Agreement (Otter Tail Ag Enterprises, LLC)

Transfer of Certificates. Transfer of certificates of the Company shall be made pursuant to this Operating Agreement only on the transfer books of the Company by the holder of record thereof or by the holder’s legal representative, who shall furnish proper evidence of authority to transfer, or by the Member’s attorney thereunto authorized by the power of attorney duly executed and filed with the Secretary of the Company, and on surrender for cancellation of the certificate. The Person in whose name the Certificate stands on the books of the Company shall be deemed by the Company to be the owner thereof for all purposes.

Appears in 2 contracts

Samples: Operating Agreement, Operating Agreement

Transfer of Certificates. Transfer of certificates of the Company shall be made pursuant to this Operating Agreement and only on the transfer books of the Company by the holder of record thereof or by the holder’s 's legal representative, who shall furnish proper evidence of authority to transfer, or by the Member’s holder's attorney thereunto authorized by the a power of attorney duly executed and filed with the Secretary of the Company, and on upon surrender for cancellation of the certificatecertificate to the Company for cancellation. The Person in whose name the Certificate stands appears on the books of the Company shall be is deemed by the Company to be the owner thereof for all purposes.

Appears in 1 contract

Samples: Operating Agreement

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Transfer of Certificates. Transfer of certificates of the Company shall be made pursuant to this Operating Agreement only on the transfer books of the Company by the holder of record thereof or by the holder’s legal representative, who shall furnish proper evidence of authority to transfer, or by the Member’s attorney thereunto authorized by the power of attorney duly executed and filed with the Secretary of the Company, and on surrender for cancellation of the certificate. The Person in whose name the Certificate stands on the books of the Company shall be deemed by the Company to be the owner thereof for all purposes.. Exhibit 3.1(ii)

Appears in 1 contract

Samples: Operating Agreement (South Dakota Soybean Processors LLC)

Transfer of Certificates. Transfer of certificates of the Company shall be made pursuant to this Operating Agreement only on the transfer books of the Company by the holder of record thereof or by the holder’s legal representative, who shall furnish proper evidence of authority to transfer, or by the Member’s attorney thereunto authorized by the power of attorney duly executed and filed with the Secretary of the Company, and on surrender for cancellation of the certificate. The Person in whose name the Certificate stands on the books of the Company shall be deemed by the Company to be the owner thereof for all purposes.. 10.3

Appears in 1 contract

Samples: Operating Agreement (Lake Area Corn Processors LLC)

Transfer of Certificates. Transfer of certificates of the Company shall be made pursuant to this Operating Agreement and only on the transfer books of the Company by the holder of record thereof or by the holder’s legal representative, who shall furnish proper evidence of authority to transfer, or by the Memberholder’s attorney thereunto authorized by the a power of attorney duly executed and filed with the Secretary of the Company, and on upon surrender for cancellation of the certificatecertificate to the Company for cancellation. The Person in whose name the Certificate stands certificate appears on the books of the Company shall be is deemed by the Company to be the owner thereof for all purposes.. BIG RIVER RESOURCES GXXXXXXX, LLC OPERATING AGREEMENT

Appears in 1 contract

Samples: Operating Agreement (US BioEnergy CORP)

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