Company as Transferee. In the event the Company purchases or otherwise acquires or becomes a Transferee of any Membership Interest, including in connection with the Pledge Agreement contemplated by Section 5.1.6(b) hereof, such Membership Interest shall be deemed cancelled and no longer outstanding for any purpose.
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Samples: Operating Agreement (Pebblebrook Hotel Trust), Operating Agreement (Pebblebrook Hotel Trust), Operating Agreement (Pebblebrook Hotel Trust)
Company as Transferee. In the event the Company purchases or otherwise acquires or becomes a Transferee of any Membership Interest, including in connection with the Pledge Agreement contemplated by Section 5.1.6(b) hereof, such Membership Interest shall be deemed cancelled and no longer outstanding for any purpose.
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Company as Transferee. In the event the Company purchases or otherwise acquires or becomes a Transferee of any Membership Interest, including in connection with the Pledge Agreement contemplated by Section 5.1.6(b) hereof, such Membership Interest shall be deemed cancelled and no longer outstanding for any purpose.. 41
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Company as Transferee. In the event the Company purchases or otherwise acquires or becomes a Transferee of any Membership Interest, including in connection with the Pledge Agreement contemplated by Section 5.1.6(b) hereofAgreement, such Membership Interest shall be deemed cancelled and no longer outstanding for any purpose.
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