Unit Designations and Authorized Units. The Membership Interests in the Company shall be designated as “Units” and initially divided into two classes of Units referred to as the “Series A Units” and “Series B Units.” The Company is authorized to issue 2,000,000 Units designated as Series A Units and 100,000 Units designated as Series B Units.
Appears in 2 contracts
Samples: Limited Liability Company Agreement, Limited Liability Company Agreement (Antero Resources Midstream Management LLC)
Unit Designations and Authorized Units. The Membership Interests in the Company shall be designated as “Units” and shall initially be divided into two classes of Units referred to as the “Series A Units,” and “Series B Units.” The Company is authorized to issue 2,000,000 Units designated as an unlimited number of Series A Units and an aggregate of up to 100,000 Units designated as Series B Units.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Fortis Minerals, LLC)
Unit Designations and Authorized Units. The Membership Interests in the Company shall be designated as “Units” and initially divided into two classes of Units referred to as the “Series Class A Units” and “Series Class B Units.” The Company is authorized to issue 2,000,000 900,000 Units designated as Series Class A Units and 100,000 150,000 Units designated as Series Class B Units.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Oasis Midstream Partners LP)
