Common use of Verification of Units Clause in Contracts

Verification of Units. Within thirty (30) days after receipt of a Member’s written request, the LLC will provide such Member with a statement evidencing his, her or its ownership of Units in the LLC. This verification will serve the sole purpose of verifying the Member’s interest in the LLC and shall not constitute a certificated security, negotiable instrument or other vehicle by which to effectuate a transfer of Units.

Appears in 5 contracts

Samples: Limited Liability Company Operating Agreement (Cf Fund Ii, LLC), Operating Agreement (Cf Fund Ii, LLC), Limited Liability Company Operating Agreement (Cf Fund Ii, LLC)

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