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Unit Activity Sample Clauses

Unit Activity. It is acceptable for Employees to occasionally conduct AZNG unit related activities while on T32/T5 duty status. The Employee should coordinate with their Supervisor for a reasonable amount of time that does not significantly impact their ability to complete their T32/T5 full-time duties.
Unit Activity. All profits of the Company will be allocated equally to the Members, or 50% of the profits to each Member, as long as there are only two Members. If new members are admitted per Section 8, the profits and losses shall be divided per the terms prescribed by the Majority in a 60% vote.
Unit Activity. All profits of the Company associated with the Unit Activity will be allocated to the holders of the Units as set forth in Attachment 1 hereto. To the fullest extent permissible under applicable tax law, all losses of the Company associated with the Unit Activity will be allocated to ESLWC for tax reporting purposes.

Related to Unit Activity

  • Units Interests in the Partnership shall be represented by Units. The Units initially are comprised of one Class: Class A Units. The General Partner may establish, from time to time in accordance with such procedures as the General Partner shall determine from time to time, other Classes, one or more series of any such Classes, or other Partnership securities with such designations, preferences, rights, powers and duties (which may be senior to existing Classes and series of Units or other Partnership securities), as shall be determined by the General Partner, including (i) the right to share in Profits and Losses or items thereof; (ii) the right to share in Partnership distributions; (iii) the rights upon dissolution and liquidation of the Partnership; (iv) whether, and the terms and conditions upon which, the Partnership may or shall be required to redeem the Units or other Partnership securities (including sinking fund provisions); (v) whether such Unit or other Partnership security is issued with the privilege of conversion or exchange and, if so, the terms and conditions of such conversion or exchange; (vi) the terms and conditions upon which each Unit or other Partnership security will be issued, evidenced by certificates and assigned or transferred; (vii) the method for determining the Total Percentage Interest as to such Units or other Partnership securities; and (viii) the right, if any, of the holder of each such Unit or other Partnership security to vote on Partnership matters, including matters relating to the relative designations, preferences, rights, powers and duties of such Units or other Partnership securities. Except as expressly provided in this Agreement to the contrary, any reference to “Units” shall include the Class A Units and any other Classes that may be established in accordance with this Agreement. All Units of a particular Class shall have identical rights in all respects as all other Units of such Class, except in each case as otherwise specified in this Agreement.