Common use of Additional Investments by Members Clause in Contracts

Additional Investments by Members. 6.8.1 The Members agree that the Manager may (but shall not be obligated to) offer to one or more Members and other Persons, subject to the provisions of this Article VI, each in its individual capacity, the opportunity to invest alongside the Company in a Portfolio Asset or to purchase a Portfolio Asset from the Company. No Member shall have any right to participate in any such opportunity, or have any interest therein, by virtue of this Agreement or the partnership relation created hereby. Such investment opportunities, if offered, may or may not be in proportion to the Capital Commitments of the Members and may involve different terms and fee structures, as determined by the Manager.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (MN8 Energy, Inc.), Limited Liability Company Agreement (MN8 Energy, Inc.)

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Additional Investments by Members. 6.8.1 6.10.1 The Members agree that the Manager Board of Directors may (but shall not be obligated to) offer to one or more Members and other Persons, subject to the provisions of this Article VI, each in its individual capacity, the opportunity to invest alongside the Company or the Operating Company in a Portfolio Asset or to purchase a Portfolio Asset from the Company or the Operating Company. No Member shall have any right to participate in any such opportunity, or have any interest therein, by virtue of this Agreement or the partnership relation created hereby. Such investment opportunities, if offered, may or may not be in proportion to the Capital Commitments of the Members and may involve different terms and fee structures, as determined by the ManagerBoard of Directors.

Appears in 1 contract

Samples: Limited Liability Company Agreement (MN8 Energy, Inc.)

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Additional Investments by Members. 6.8.1 The Members agree that the Manager Managing Member may (but shall not be obligated to) offer to one or more Members and other Persons, subject to the provisions of this Article VI, each in its individual capacity, the opportunity to invest alongside the Company in a Portfolio Asset or to purchase a Portfolio Asset from the Company. No Member shall have any right to participate in any such opportunity, or have any interest therein, by virtue of this Agreement or the partnership relation created hereby. Such investment opportunities, if offered, may or may not be in proportion to the Capital Commitments of the Members and may involve different terms and fee structures, as determined by the ManagerManaging Member.

Appears in 1 contract

Samples: Limited Liability Company Agreement (MN8 Energy, Inc.)

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