Common use of Buy-Sell Right Clause in Contracts

Buy-Sell Right. At any time during the Buy-Sell Period, either the Xxxxx Member, on the one hand, or BMDC, on the other hand (the actual Member giving such notice being herein called the “Electing Member”), shall have the option (“Buy-Sell Right”) to cause to occur the buy-sell rights under this Article XI by giving written notice thereof to the other Member (the Member receiving such notice being herein called the “Non-Electing Member”). 35

Appears in 2 contracts

Samples: Limited Liability Company Agreement, Limited Liability Company Agreement (Winter Sports Inc /New)

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Buy-Sell Right. At any time during the Buy-Sell Period, either the Xxxxx Member, on the one hand, or BMDC, on the other hand (the actual Member giving such notice being herein called the “Electing Member”), shall have the option (“Buy-Sell Right”) to cause to occur the buy-sell rights under this Article XI by giving written notice thereof to the other Member (the Member receiving such notice being herein called the “Non-Electing Member”). 35.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Winter Sports Inc /New), Limited Liability Company Agreement (Winter Sports Inc /New)

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Buy-Sell Right. At any time during the Buy-Sell Period, either the Xxxxx MemberGVI, on the one hand, or BMDC, on the other hand (the actual Member giving such notice being herein called the “Electing Member”), shall have the option (“Buy-Sell Right”) to cause to occur the buy-sell rights under this Article XI by giving written notice thereof to the other Member (the Member receiving such notice being herein called the “Non-Electing Member”). 3534

Appears in 1 contract

Samples: Limited Liability Company Agreement (Winter Sports Inc /New)

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