Buy Sell Provisions. Section 8.1 At any time commencing on a date which is one (1) year after the “Substantial Completion” of the Project (as defined in the Lease), or the date that a Notice of Completion is recorded, whichever occurs earlier, either Member (such Member hereinafter referred to as “Invoking Member”) may deliver to the other Member (such other Member hereinafter referred to as the “Offeree Member”), written notice that the Invoking Member is invoking the provisions of this Section 8.1 (the “
Appears in 2 contracts
Samples: Development Management Agreement (Skechers Usa Inc), Development Management Agreement (Skechers Usa Inc)
Buy Sell Provisions. Section 8.1 At any time commencing on a date which is one (1) year after the “Substantial Completion” of the Project (as defined in the Lease), or the date that a Notice of Completion is recorded, whichever occurs earlier, either Member (such Member hereinafter referred to as “Invoking Member”) may deliver to the other Member (such other Member hereinafter referred to as the “Offeree Member”), written notice that the Invoking Member is invoking the provisions of this Section 8.1 (the “Buy-Sell Notice”).
Appears in 1 contract
Samples: Limited Liability Company Agreement (Skechers Usa Inc)
Buy Sell Provisions. Section 8.1 At any time commencing on a date which is one (1) year after the “Substantial Completion” of the Project (as defined in the Lease)) of the Project, or the date that a Notice of Completion is recorded, whichever occurs earlier, either Member HF and HFPV together, or Skechers (such Member hereinafter referred to as “Invoking Member”) may deliver to the other Member (such other Member hereinafter referred to as the “Offeree Member”), written notice that the Invoking Member is invoking the provisions of this Section 8.1 (the “
Appears in 1 contract
Samples: Lease Agreement (Skechers Usa Inc)