Unit Designations. Subject to Section 10.2(b), any additional Units may be issued in one or more classes, or one or more series of any of such classes, with such designations, preferences and relative, participating, optional or other special rights, powers and duties (including, without limitation, rights, powers and duties that may be senior or otherwise entitled to preference over existing Units) as shall be determined by the General Partner, in its sole and absolute discretion without the approval of any Limited Partner or any other Person, and set forth in a written document thereafter attached to and made an exhibit to this Agreement, which exhibit shall be an amendment to this Agreement and shall be incorporated herein by this reference (each, a “Unit Designation”).
Unit Designations. Any additional Units may be issued in one or more classes, or one or more series of any of such classes, with such designations, preferences and relative, participating, optional or other special rights, powers and duties (including, without limitation, rights, powers and duties that may be senior or otherwise entitled to preference over existing Units) as shall be determined by the General Partner, in its sole and absolute discretion without the approval of any Limited Partner or any other Person, and set forth in a written document thereafter attached to and made an exhibit to this Agreement, which exhibit shall be an amendment to this Agreement and shall be incorporated herein by this reference (each, a “Unit Designation”), including the Unit Designation attached as Exhibit C hereto pursuant to which the “Class A Cumulative Preferred Units” of the Partnership were created (the “Class A Cumulative Preferred Units”).
Unit Designations. The Membership Interests in the Company shall be divided into and represented by series of Units, as determined by the Board. As of the Effective Date, the Membership Interests shall be represented by a single series of Units referred to as “Series A Units.” The Company is authorized to issue an unlimited number of Series A Units.
Unit Designations. The Membership Interests in the 3454751v6 Company shall be designated as “Units” and divided into five series of Units referred to as “Series A Units”, “Series B Units”, “Series C Units,” “Series D Units” and “Series E Units.”
Unit Designations. The level at which the Union holds exclusive representation is the United States Air Force, Pensacola Naval Air Station, Pensacola, FL in accordance with statute and FLRA certification. The Union has the right to act for and to negotiate Agreements concerning the Employees in the bargaining unit in accordance with the governing laws, rules, regulations and the provisions and procedures of this Agreement. The Union is responsible for representing the interests of all bargaining unit Employees in accordance with applicable laws, rules, and regulations.
Unit Designations. (i) A class of Units has been created and designated as "Membership Units", and one hundred percent (100%) of the Membership Units have been granted to the Managing Member, as set forth on Schedule 7(b). The Managing Member, without any action by any Member or any other Person, is authorized to amend and restate Schedule 7(b) from time to time to reflect the admission of new Members, the cessation of any Person as a Member and the transfers and issuances of Membership Units made, in each case, in accordance with this Agreement. Schedule 7(b) shall be amended from time to time by the Managing Member, without requiring the consent of any Member, to reflect the change in any of the information contained therein (including the withdrawal of one or more Members, the admission or one or more additional Members, additional capital contributions and transfers or the issuance of additional Units) only to the extent that the actions resulting in such changes were taken pursuant to, and in accordance with the terms of this Agreement and that any required consents of the Members to such actions, if any, were obtained. The Company will, upon each amendment to Schedule 7(b), provide the Members with a copy of such amended Schedule 7(b). Any reference in this Agreement to Schedule 7(b) shall be deemed a reference to Schedule 7(b) as amended, supplemented or otherwise modified and in effect from time to time.
(ii) A class of units has been created and designated as "Incentive Units", and one hundred percent (100%) of the Incentive Units have been granted to the Promote Member, as set forth on Schedule 7(b). The Incentive Units have been issued for no consideration or de minimis consideration as such interests are intended to constitute "profits interests" within the meaning of Revenue Procedures 93-27 and 2001-43 such that were the Company liquidated immediately after the issuance of these Incentive Units, before the Company made any earnings and before any appreciation occurred in the value of the Company's assets, and the Company's assets were sold at fair market value and the proceeds distributed in liquidation, the holders of Incentive Units so designated would not be entitled to receive any share of the proceeds of a liquidation.
Unit Designations. The Units shall initially be divided into two classes of Units referred to as “Class A Units” and “Class B Units.” The Company is initially authorized to issue an unlimited number of Class A Units and Class B Units.
Unit Designations. Wedges; jacks; winches; or other special equipment may be required to direct trees when felling. Trees falling into protection areas shall be winch-line skidded out of protected features. All necessary mitigation for damage caused by improper and/or non-approved felling into a protected zone is the responsibility of the Purchaser. The Forest Officer must approve all mitigation work.
Unit Designations. ▪ Unit 0201A: Marked with a horizontal PURPLE paint mark at Diameter Breast Height (DBH) on ponderosa pine. ▪ Unit 0201B: N/A
