Voting Units. (a) Subject to the other provisions of this Agreement (including those governing the Members’ respective rights to receive allocations of Net Profits and Net Losses and to buy or sell Units), each Voting Unit regarding a Series shall have the rights, and be subject to the obligations, identical to those ofeach other Voting Unit.
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Samples: Series Limited Liability Company Operating Agreement, Series Limited Liability Company Operating Agreement
Voting Units. (a) Subject to the other provisions of this Agreement (including those governing the Members’ respective rights to receive allocations of Net Profits and Net Losses and to buy or sell Units), each Voting Unit regarding with respect to a Series shall have the rights, and be subject to the obligations, identical to those ofeach of each other Voting Unit.. (b)
Appears in 1 contract
Samples: Separate Series Agreement
Voting Units. (a) Subject to the other provisions of this Operating Agreement (including those governing the Members’ respective rights to receive allocations of Net Profits and Net Losses and to buy or sell Units), each Voting Unit regarding with respect to a Series shall have the rights, and be subject to the obligations, identical to those ofeach of each other Voting Unit.
Appears in 1 contract
Samples: Separate Series Operating Agreement
Voting Units. (a) Subject to the other provisions of this Master Operating Agreement (including those governing the Members’ respective rights to receive allocations of Net Profits and Net Losses and to buy or sell Units), each Class A Voting Unit regarding with respect to a Series shall have the rights, and be subject to the obligations, identical to those ofeach of each other Class A Voting Unit.
Appears in 1 contract
