Common use of Actions Regarding Membership Interest Clause in Contracts

Actions Regarding Membership Interest. Except as otherwise permitted hereby, from the date hereof until the Closing Date, Contributor shall use reasonable commercial efforts not to take any action or fail to take any action within Contributor's control the result of which would (1) have a material adverse effect on the Membership Interest, the Property, Contributor's ability to contribute, transfer, assign and convey the Membership Interest to Acquirer or Acquirer's ability to continue the ownership thereof after the Closing Date or (2) cause any of the representations and warranties contained in Section 2.2 to be untrue as of the Closing Date.

Actions Regarding Membership Interest. Except as otherwise permitted hereby, from the date hereof until the Closing Date, Contributor shall use reasonable commercial efforts not to take any action or fail to take any action within Contributor's control the result of which would (1) have a material adverse effect on the Membership Interest, the Property, Contributor's ability to contribute, transfer, assign and convey the Membership Interest to Acquirer or Acquirer's ability to continue the ownership and operation thereof after the Closing Date in substantially the same manner as presently conducted or (2) cause any of the representations and warranties contained in Section 2.2 to be untrue as of the Closing Date.

Actions Regarding Membership Interest. Except as otherwise permitted hereby, from the date hereof until the Closing Date, Contributor shall use reasonable commercial efforts not to take any action or fail to take any action within Contributor's control the result of which would (1) have a material adverse effect on its membership interest in the Liquidating LLC, the Membership Interest, the Property, Contributor's ability to contribute, transfer, assign and convey the Membership Interest to Acquirer or Acquirer's ability to continue the ownership and operation thereof after the Closing Date in substantially the same manner as presently conducted or (2) cause any of the representations and warranties contained in Section 2.2 to be untrue as of the Closing Date.