Common use of Units; Initial Capitalization; Schedule of Members Clause in Contracts

Units; Initial Capitalization; Schedule of Members. (a) Each Member’s Interest in the Company shall be represented by Units of limited liability company interest (each, a “Unit”). Except as otherwise provided in this Agreement, the Exchange Agreement or the Tax Receivable Agreement, all Units shall have identical rights and privileges in all respects.

Appears in 4 contracts

Samples: Limited Liability Company Agreement (Hamilton Lane INC), Limited Liability Company Agreement (Hamilton Lane INC), Limited Liability Company Agreement (Hamilton Lane INC)

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Units; Initial Capitalization; Schedule of Members. (a) Each Member’s Interest in the Company shall be represented by Units of limited liability company interest (each, a “Unit”). Except as otherwise provided in this - 15 - Agreement, the Exchange Agreement or the Tax Receivable Agreement, all Units shall have identical rights and privileges in all respects.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Hamilton Lane INC)

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