AUTOMATIC PROVISIONS. If the Conversion Approval has not occurred within 135 days after the date hereof, then, effective as of the next succeeding day (the “Class D Distribution Increase Date”) until the Conversion Approval is obtained, Section 5.11(b) will be deemed to be amended in its entirety, automatically and without further action, as follows:
Appears in 5 contracts
Samples: Operating Agreement (Atlas Energy Resources, LLC), Operating Agreement (Atlas Resources Public #16-2007 (A) L.P.), Class D Unit and Common Unit Purchase Agreement (Atlas Energy Resources, LLC)