Common use of Units; Initial Capitalization Clause in Contracts

Units; Initial Capitalization. Each Member’s interest in the Company, including such Member’s interest, if any, in the capital, income, gain, loss, deduction and expense of the Company and the right to vote, if any, on certain Company matters as provided in this Agreement shall be represented by units of limited liability company interest (each a “Unit”). The Company shall have ten authorized classes of Units, designated SFRO Preferred Units, Preferred Units, Class A Units, Class D Units, Class E Units, Class G Units, Class M Units, Class MEP Units, Class N Units and Class O Units, with 100 SFRO Preferred Units, 546,182.27 Preferred Units, 10,360,448.07 Class A Xxxxx, 00 Class D Units, 1,000,000 Class E Xxxxx, 00 Class G Units, 100,000 Class M Units, 1,000,000 Class MEP Xxxxx, 00 Class N Units and 100,000 Class O Units authorized for issuance. On the date hereof, the issued and outstanding Units consist of 100 SFRO Preferred Units, 543,258.20 Preferred Units, 10,308,594.21 Class A Xxxxx, 00 Class D Units, 1,000,000 Class E Xxxxx, 00 Class G Units, 4,346 Class M Units, 326,273.42 Class MEP Xxxxx, 00 Class N Units and 2,593 Class O Units. The ownership by a Unitholder of Units shall entitle such Unitholder to allocations of profits and losses and other items and distributions of cash and other property as is set forth in Article IV and Article V. The Company may not issue any fractional Units.

Units; Initial Capitalization. Each Member’s interest in the Company, including such Member’s interest, if any, in the capital, income, gain, loss, deduction and expense of the Company and the right to vote, if any, on certain Company matters as provided in this Agreement shall be represented by units of limited liability company interest (each a “Unit”). The Company shall have ten seven authorized classes of Units, designated SFRO Preferred Units, Preferred Units, Class A Units, Class D Units, Class E Units, Class G Units, Class M Units, Class MEP Units, Class N Units and Class O Units, with 100 SFRO Preferred Units, 546,182.27 Preferred Units, 10,360,448.07 Class A Xxxxx, 00 Class D Units, 1,000,000 Class E Xxxxx, 00 Class G Units, 100,000 Class M Units, 1,000,000 Class MEP Xxxxx, 00 Class N Units and 100,000 Class O Units authorized for issuance. On the date hereof, the issued and outstanding Units consist of 100 SFRO Preferred Units, 543,258.20 Preferred Units, 10,308,594.21 Class A Xxxxx, 00 Class D Units, 1,000,000 Class E Xxxxx, 00 Class G Units, 4,346 100,000 Class M Units, 326,273.42 910,821.42 Class MEP Xxxxx, 00 Class N Units and 2,593 100,000 Class O Units. The ownership by a Unitholder of Units shall entitle such Unitholder to allocations of profits and losses and other items and distributions of cash and other property as is set forth in Article IV and Article V. The Company may not issue any fractional Units.

Units; Initial Capitalization. Each Member’s interest in the Company, including such Member’s interest, if any, in the capital, income, gain, loss, deduction and expense of the Company and the right to vote, if any, on certain Company matters as provided in this Agreement shall be represented by units of limited liability company interest (each a “Unit”). The Company shall have ten eight authorized classes of Units, designated SFRO Preferred Units, Preferred Units, Class A Units, Class D Units, Class E Units, Class G Units, Class M Units, Class MEP Units, Class N Units and Class O Units, with 100 SFRO Preferred Units, 546,182.27 Preferred Units, 10,360,448.07 Class A Xxxxx, 00 Class D Units, 1,000,000 Class E Xxxxx, 00 Class G Units, 100,000 Class M Units, 1,000,000 Class MEP Xxxxx, 00 Class N Units and 100,000 Class O Units authorized for issuance. On the date hereof, the issued and outstanding Units consist of 100 SFRO Preferred Units, 543,258.20 Preferred Units, 10,308,594.21 Class A Xxxxx, 00 Class D Units, 1,000,000 Class E Xxxxx, 00 Class G Units, 4,346 100,000 Class M Units, 326,273.42 910,821.42 Class MEP Xxxxx, 00 Class N Units and 2,593 100,000 Class O Units. The ownership by a Unitholder of Units shall entitle such Unitholder to allocations of profits and losses and other items and distributions of cash and other property as is set forth in Article IV and Article V. The Company may not issue any fractional Units.