Common use of Units Generally Clause in Contracts

Units Generally. The Membership Interests of the Members shall be represented by issued and outstanding Units. There shall be one (1) class of Units having the privileges, preference, duties, liabilities, obligations and rights, including voting rights, set forth in this Agreement. The Board shall maintain a schedule of all Members, their respective mailing addresses and the amount of Units held by each (the “Members Schedule”), and shall update the Members Schedule upon the issuance or Transfer of any Units to any new or existing Member. A copy of the Members Schedule as of the execution of this Agreement is attached hereto as Schedule A.

Appears in 1 contract

Samples: Operating Agreement

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Units Generally. The Membership Interests of the Members shall be represented by issued and outstanding Units. There shall be one (1) class of Units having the privileges, preference, duties, liabilities, obligations and rights, including voting rights, set forth in this Agreement. The Board Managing Member shall maintain a schedule of all Members, their respective mailing addresses and the amount of Units held by each them (the “Members Schedule”), and shall update the Members Schedule upon the issuance or Transfer of any Units to any new or existing Member. A copy of the Members Schedule as of the execution of this Agreement is attached hereto as Schedule Exhibit A.

Appears in 1 contract

Samples: Equity Purchase Agreement (Morgans Hotel Group Co.)

Units Generally. The Membership Interests of the Members shall be represented by issued and outstanding Membership Units. There shall be one (1) class of Units having the privileges, preference, duties, liabilities, obligations and rights, including voting rights, set forth in this Agreement. The Board Managing Member shall maintain a schedule of all Members, their respective mailing addresses and the amount of Membership Units held by each them (the “Members Schedule”), and shall update the Members Schedule upon the issuance or Transfer of any Membership Units to any new or existing Member. A copy of the Members Schedule as of the execution of this Agreement is attached hereto as Schedule Exhibit A.

Appears in 1 contract

Samples: Master Purchase Agreement (Morgans Hotel Group Co.)

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Units Generally. The Membership Interests of the Members shall be represented by issued and outstanding Units. There shall be one (1) class of Units having the privileges, preference, duties, liabilities, obligations and rights, including voting rights, set forth in this Agreement. The Board shall maintain a schedule of all Members, their respective mailing addresses addresses, and the amount of Units held by each them (the “Members Schedule”), and shall update the Members Schedule upon the issuance or Transfer of any Units to any new or existing Member. A copy of the Members Schedule as of the execution of this Agreement is attached hereto as Schedule A.

Appears in 1 contract

Samples: Operating Agreement (Agrify Corp)

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