Common use of Unit Certificates; Registration Clause in Contracts

Unit Certificates; Registration. The Member shall be entitled to a certificate stating the number of Units held by the Member in such form as shall, in conformity with law and this Agreement, be prescribed from time to time by the Board of Managers (a “Unit Certificate”). Such Unit Certificate shall be signed by the President or any Vice President or Assistant Vice President and by the Treasurer, Secretary or an Assistant Secretary of the Company. The Company shall maintain a record of the ownership of the Interest which shall, initially, be as set forth on Exhibit 7.2 and which shall be amended from time to time to reflect transfers of the ownership of the Interest.

Appears in 35 contracts

Samples: Limited Liability Company Agreement, Limited Liability Company Agreement (Automated Securities Clearance LLC), Limited Liability Company Agreement (Automated Securities Clearance LLC)

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Unit Certificates; Registration. The Member shall be entitled to a certificate or certificates stating the number of Units held by the Member in such form as shall, in conformity with law and this Agreement, be prescribed from time to time by the Board of Managers (a the “Unit CertificateCertificates”). Such Unit Certificate or Unit Certificates shall be signed by the President or any Vice President or Assistant Vice President and by the Treasurer, Secretary or an Assistant Secretary of the Company. The Company shall maintain a record of the ownership of the Interest which shall, initially, be as set forth on Exhibit 7.2 and which shall be amended from time to time to reflect transfers of the ownership of the Interest.

Appears in 4 contracts

Samples: Limited Liability Company Agreement (Plaid Brothers Software, Inc.), Limited Liability Company Agreement (Plaid Brothers Software, Inc.), Limited Liability Company Agreement (Plaid Brothers Software, Inc.)

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Unit Certificates; Registration. The Member shall be entitled to a certificate or certificates stating the number of Units held by the Member in such form as shall, in conformity with law and this Agreement, be prescribed from time to time by the Board of Managers (a “Unit CertificateCertificates”). Such Unit Certificate or Unit Certificates shall be signed by the President or any Vice President or Assistant Vice President and by the Treasurer, Secretary or an Assistant Secretary of the Company. The Company shall maintain a record of the ownership of the Interest which shall, initially, be as set forth on Exhibit 7.2 and which shall be amended from time to time to reflect transfers of the ownership of the Interest.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Plaid Brothers Software, Inc.)

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