Membership Interest Certificates definition

Membership Interest Certificates are defined in Section 4.7.
Sample 1Sample 2Sample 3
Membership Interest Certificates is defined in Section 7.9.
Sample 1Sample 2Sample 3
Membership Interest Certificates means collectively (i) Certificate of Membership of Front Range Energy, LLC #2, representing 4,094.595 Class B Voting Units of the Company and (ii) Certificate of Membership of Front Range Energy, LLC #3, representing 6,000 Class B Voting Units of the Company.
Sample 1Sample 2

Examples of Membership Interest Certificates in a sentence

  • Once Membership Interest Certificates have been issued, they shall continue to be issued as necessary to reflect current Membership Interests held by Members.

  • Units of Membership Interest may be evidenced by Membership Interest Certificates (herein referred to collectively as “Membership Interest Certificates” and individually as a “Membership Interest Certificate”), which shall solely be issued, at the written request of any Member or Preferred Holder (as applicable), in accordance with this Section 4.7 and Section 11.17, in the form of Exhibit A.

  • Membership Interest Certificates shall be in such form as may be approved by the Members, shall be manually signed by the Members, and shall bear conspicuous legends evidencing the restrictions on transfer and the purchase rights of the Company and Members.

  • In the event that the Company shall purchase any Units of Membership Interest (including Fractional Units), such Units of Membership Interest (or Fractional Units) shall be extinguished, and the Membership Interest Certificates with respect thereto shall be surrendered and cancelled.

  • All Membership Interest Certificates surrendered for transfer shall be canceled by the Company.

  • The Company may, but shall not be required to, issue certificates evidencing Membership Interests (Membership Interest Certificates) to Members of the Company.

  • The Managing Member shall establish reasonable procedures for the delivery and reissuance of Membership Interest Certificates in connection with loss or destruction of Membership Interest Certificates and other eventualities.

  • Among other matters, such procedures may set forth required fees, indemnification documentation, and signatures (including guarantees thereof) to be obtained from parties requesting reissuance of Membership Interest Certificates.

  • Once Membership Interest Certificates have been issued, they shall continue to be issued as necessary to reflect current Membership interests held by Members.

  • The Buyer must have received Secretary's certificates from the Company, in form and substance reasonably satisfactory to the Buyer, certifying as to the Company's Organizational Documents, incumbent directors and officers, Membership Interest Certificates ledger and good standing in the jurisdiction of its incorporation and good standing as a foreign corporation in all applicable states.


More Definitions of Membership Interest Certificates

Membership Interest Certificates is defined in Recital No.
Sample 1Sample 2
Membership Interest Certificates is defined in Section 14.1(a).
Sample 1Sample 2
Membership Interest Certificates representing the Class B Preferred Membership Interests exchanged.
Sample 1

Related to Membership Interest Certificates

  • Residual Interest Certificate means any of the Class R-I Certificates, the Class R-II Certificates, the Class R-III Certificates or, if issued in accordance with Section 2.06, the Class R-LR Certificates.

  • Class B Membership Interest means a Class B Membership Interest in Holdings.

  • Grantor Trust Certificates Any class of commercial mortgage pass-through certificates issued under this Agreement that is designated as evidencing an interest in the Grantor Trust. The Class S Certificates and the Class VRR Certificates shall be the only Classes of Grantor Trust Certificates issued under this Agreement.

  • Class A Membership Interest means a Class A Membership Interest in Holdings.

  • Membership Interests has the meaning set forth in the recitals.

  • Residual Certificates As specified in the Preliminary Statement.

  • Trust Certificates means the asset backed certificates issued pursuant to the Trust Agreement, substantially in the form of Exhibit A to the Trust Agreement.

  • Book-Entry Preferred Securities Certificates means a beneficial interest in the Preferred Securities Certificates, ownership and transfers of which shall be made through book entries by a Clearing Agency as described in Section 5.11.

  • Definitive Trust Certificates shall have the meaning set forth in Section 3.10.

  • Exchangeable Certificates The Class A-S, Class B, Class C and Class PEX Certificates.

  • REMIC I Certificates The Class R-I Certificates.

  • Certificate Percentage Interest means, with respect to a Certificate, the percentage specified on such Certificate as the Certificate Percentage Interest, which percentage represents the beneficial interest of such Certificate in the Trust. The initial Certificate Percentage Interest held by the Depositor shall be 100%.

  • Definitive Preferred Securities Certificates means Preferred Securities issued in certificated, fully registered form that are not Global Preferred Securities.

  • Class R Residual Interests The Class R-1 and Class R-2 Residual Interests (which shall be transferable only as a unit evidenced by the Class R Certificates, in accordance with the applicable provisions of Section 5.01).

  • COFI Certificates As specified in the Preliminary Statement.

  • Class R-I Certificate Any one of the Class R-I Certificates executed by the Trustee and authenticated by the Certificate Registrar substantially in the form annexed hereto as Exhibit D and evidencing an interest designated as a "residual interest" in REMIC I for purposes of the REMIC Provisions.

  • Investor Certificates means the Class A Certificates, the Class B Certificates and the Collateral Interest.

  • Trust Certificate means a certificate evidencing the beneficial interest of a Person in the trust established by the Trust Agreement and substantially in the form attached as Exhibit A to such Trust Agreement.

  • Class B Interests As set forth in the Trust Agreement.

  • Membership Interest means a Member’s entire interest in the Company including such Member’s right to receive allocations and distributions pursuant to this Agreement and the right to participate in the management of the business and affairs of the Company in accordance with this Agreement, including the right to vote on, consent to, or otherwise participate in any decision or action of or by the Members granted pursuant to this Agreement.

  • Class R Certificates All Certificates bearing the class designation of "Class R".

  • Class B LP Units means, collectively, the Class B limited partnership units of the Partnership, and “Class B LP Unit” means any one of them.

  • Beneficial Ownership Interest means the right to receive payments and notices with respect to the Bonds held in a Book Entry System.

  • Pledged Partnership Interests means all interests in any general partnership, limited partnership, limited liability partnership or other partnership including, without limitation, all partnership interests listed on Schedule 4.4(A) under the heading “Pledged Partnership Interests” (as such schedule may be amended or supplemented from time to time) and the certificates, if any, representing such partnership interests and any interest of such Grantor on the books and records of such partnership or on the books and records of any securities intermediary pertaining to such interest and all dividends, distributions, cash, warrants, rights, options, instruments, securities and other property or proceeds from time to time received, receivable or otherwise distributed in respect of or in exchange for any or all of such partnership interests.

  • Definitive Capital Securities Certificates means either or both (as the context requires) of (i) Capital Securities Certificates issued as Book-Entry Capital Securities Certificates as provided in Section 5.11, and (ii) Capital Securities Certificates issued in certificated, fully registered form as provided in Section 5.13.

  • REMIC II Certificates The REMIC II Regular Certificates and the Class R-II Certificates.