Units Generally; Membership Interests. The Membership Interests of ------------------------------------- the Members shall be represented by issued and outstanding Units, which may be divided into one or more types of classes, with each type or class having the rights and privileges, including voting rights, if any, set forth in this Agreement. As of the date hereof, the Members of the Company are the Persons whose names are set forth on the signature pages hereto and listed on the Members Schedule (as herein defined) as in effect on the date hereof. The Secretary of the Company shall maintain a schedule of all Members from time to time, their respective mailing addresses, the Contributed Capital Account, the number and class of Common Units, and the Pro Rata Percentages for each such Member (as the same may be amended, modified or supplemented from time to time, the "Members Schedule"), a copy of which as of the date hereof is attached ---------------- hereto as Schedule A. The Members shall have no interest in the Company other than the interests conferred by this Agreement.
Appears in 1 contract
Units Generally; Membership Interests. The Membership Interests of ------------------------------------- the Members shall be represented by comprised of issued and outstanding Units, which may be divided into one or more types of classesor classes or series, with each type or class or series having the rights and privileges, including voting rights, if any, set forth in this Agreement. As Agreement and any applicable Certificate of the date hereof, the Members of the Company are the Persons whose names are set forth on the signature pages hereto and listed on the Members Schedule (as herein defined) as in effect on the date hereofDesignation. The Secretary of the Company shall maintain a schedule of all Members from time to time, which includes their respective mailing addresses, the Contributed Capital Account, the number and class of Common Units, addresses and the Pro Rata Percentages for each such Member Units held by them (as the same may be amended, modified or supplemented from time to time, the "Members Schedule"), a copy of ---------------- which as of the date hereof is attached ---------------- hereto as Schedule A. B. The Members shall ---------- have no interest in the Company other than the interests Membership Interests conferred by this AgreementAgreement and any applicable Certificate of Designation and represented by the Units, which shall be deemed to be personal property giving only the rights conferred by this Agreement and any applicable Certificate of Designation. Ownership of a Unit (or fraction thereof) shall not entitle a Member to call for a partition or division of any property of the Company or for any accounting.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Muzak Finance Corp)
Units Generally; Membership Interests. The Membership Interests of the ------------------------------------- the Members shall be represented by issued and outstanding Units, which may be divided into one or more types of or classes, with each type or class or series having the rights and privileges, including voting rights, if any, set forth in this Agreement. As Agreement and any applicable Certificate of the date hereof, the Members of the Company are the Persons whose names are set forth on the signature pages hereto and listed on the Members Schedule (as herein defined) as in effect on the date hereofDesignation. The Secretary of the Company shall maintain a schedule of all Members from time to time, their respective mailing addresses, the Contributed Capital Account, the number and class of Common Units, and the Pro Rata Percentages for each such Member Units held by them (as the same may be amended, modified or supplemented from time to time, the "Members Schedule"), a copy of which as of ---------------- the date hereof is attached ---------------- hereto as Schedule A. B. The Members shall have no ---------- interest in the Company other than the interests conferred by this AgreementAgreement and any applicable Certificate of Designation and represented by the Units, which shall be deemed to be personal property giving only the rights conferred by this Agreement and any applicable Certificate of Designation. Ownership of a Unit (or fraction thereof) shall not entitle a Member to call for a partition or division of any property of the Company or for any accounting.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Muzak Finance Corp)
Units Generally; Membership Interests. The Membership Interests of ------------------------------------- the Members shall be represented by comprised of issued and outstanding Units, which may be divided into one or more types of classesor classes or series, with each type or class or series having the rights and privileges, including voting rights, if any, set forth in this Agreement. As Agreement and any applicable Certificate of the date hereof, the Members of the Company are the Persons whose names are set forth on the signature pages hereto and listed on the Members Schedule (as herein defined) as in effect on the date hereofDesignation. The Secretary of the Company shall maintain a schedule of all Members from time to time, which includes their respective mailing addresses, the Contributed Capital Account, the number and class of Common Units, addresses and the Pro Rata Percentages for each such Member Units held by them (as the same may be amended, modified or supplemented from time to time, the "Members Schedule"), a copy of which as of the date hereof is attached ---------------- hereto as Schedule A. B. The Members shall have no interest in the Company other than the interests Membership Interests conferred by this AgreementAgreement and any applicable Certificate of Designation and represented by the Units, which shall be deemed to be personal property giving only the rights conferred by this Agreement and any applicable Certificate of Designation. Ownership of a Unit (or fraction thereof) shall not entitle a Member to call for a partition or division of any property of the Company or for any accounting.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Muzak Holdings Finance Corp)