Consummation of Sale. The Dragging Member shall have 60 days following the date of the Drag-along Notice in which to consummate the Drag-along Sale, on the terms set forth in the Drag-along Notice (which 60-day period may be extended for a reasonable time not to exceed 90 days to the extent reasonably necessary to obtain required approvals or consents from any Governmental Authority). If at the end of such period the Dragging Member has not completed the Drag-along Sale, the Dragging Member may not then exercise its rights under this Section 9.15 without again fully complying with the provisions of this Section 9.15.
Appears in 4 contracts
Samples: Operating Agreement, Operating Agreement (Lincolnway Energy, LLC), Operating Agreement (Lincolnway Energy, LLC)
Consummation of Sale. The Dragging Member shall have 60 ninety (90) days following the date of the Drag-along Notice in which to consummate the Drag-along Sale, on the terms set forth in the Drag-along Notice (which 6090-day period may be extended for a reasonable time not to exceed 90 one-hundred and twenty (120) days to the extent reasonably necessary to obtain required approvals or consents from any Governmental Authority). If at the end of such period the Dragging Member has not completed the Drag-along Sale, the Dragging Member may not then exercise its rights under this Section 9.15 10.04 without again fully complying with the provisions of this Section 9.1510.04.
Appears in 2 contracts
Samples: Operating Agreement (Helpful Alliance Co), Limited Liability Company Agreement (Liquid Holdings Group LLC)
Consummation of Sale. The Dragging Member shall have 60 ninety (90) days following the date of the Drag-along Notice in which to consummate the Drag-along Sale, on the terms set forth in the Drag-along Notice (which 60ninety 90-day period may be extended for a reasonable time not to exceed 90 one-hundred and twenty (120) days to the extent reasonably necessary to obtain required approvals or consents from any Governmental Authority). If at the end of such period the Dragging Member has not completed the Drag-along Sale, the Dragging Member may not then exercise its rights under this Section 9.15 10.04 without again fully complying with the provisions of this Section 9.1510.04.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Ascend Wellness Holdings, LLC), Limited Liability Company Agreement (Ascend Wellness Holdings, LLC)
Consummation of Sale. The Dragging Member shall have 60 sixty (60) days following the date of the Drag-along Notice in which to consummate the Drag-along Sale, on the terms set forth in the Drag-along Notice (which 60-day sixty (60)-day period may be extended for a reasonable time not to exceed 90 days to the extent reasonably necessary to obtain required approvals or consents from any Governmental Authority). If at the end of such period the Dragging Member has not completed the Drag-along Sale, the Dragging Member may not then exercise its rights under this Section 9.15 10.4 without again fully complying with the provisions of this Section 9.1510.4.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Grom Social Enterprises, Inc.)
Consummation of Sale. The Dragging Member shall have 60 ninety (90) days following the date of the Drag-along Notice in which to consummate the Drag-Drag along Sale, on the terms set forth in the Drag-along Notice (which 6090-day period may be extended for a reasonable time not to exceed 90 one-hundred and twenty (120) days to the extent reasonably necessary to obtain required approvals or consents from any Governmental Authority). If at the end of such period the Dragging Member has not completed the Drag-along Sale, ) the Dragging Member may not then exercise its rights under this Section 9.15 11.04 without again fully complying with the provisions of this Section 9.1511.04.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Longeveron LLC)
Consummation of Sale. The Dragging Member shall have 60 ninety (90) days following the date of the Drag-along Notice in which to consummate the Drag-along Sale, on the terms set forth in the Drag-along Notice (which 6090-day period may be extended for a reasonable time not to exceed 90 one-hundred and twenty (120) days to the extent reasonably necessary to obtain required approvals or consents from any Governmental Authority). If at the end of such period the Dragging Member has not completed the Drag-along Sale, the Dragging Member may not then exercise its rights under this Section 9.15 6.03 without again fully complying with the provisions of this Section 9.156.03.
Appears in 1 contract
Consummation of Sale. The Dragging Member shall have 60 ninety (90) days following the date of the Drag-along Along Notice date in which to consummate the Drag-along Along Sale, on the terms set forth in the Drag-along Along Notice (which 60-ninety (90) day period may be extended for a reasonable time not to exceed 90 an additional ninety (90) days to the extent reasonably necessary to obtain required approvals or consents from any Governmental AuthorityAuthority or third other third party). If at the end of such period (As extended, if applicable) the Dragging Member has not completed the Drag-along Along Sale, the Dragging Member may not then exercise its rights under this Section 9.15 9.03 without again fully complying with the provisions of this Section 9.159.03.
Appears in 1 contract
Samples: Operating Agreement
Consummation of Sale. The Dragging Member shall have 60 90 days following the date of the Drag-along Notice in which to consummate the Drag-along Sale, on the terms set forth in the Drag-along Notice (which 60-day 90 -day period may be extended for a reasonable time not to exceed 90 120 days to the extent reasonably necessary to obtain required approvals or consents from any Governmental Authority). If at the end of such period the Dragging Member has not completed the Drag-along Sale, the Dragging Member may not then exercise its rights under this Section 9.15 9.04 without again fully complying with the provisions of this Section 9.159.04.
Appears in 1 contract
Samples: Limited Liability Company Agreement (BIT ORIGIN LTD)
Consummation of Sale. The Dragging Member shall have 60 ninety (90) days following the date of the Drag-along Notice in which to consummate the Drag-along Sale, on the terms set forth in the Drag-along Notice (which 6090-day period may be extended for a reasonable time not to exceed 90 one-hundred and twenty (120) days to the extent reasonably necessary to obtain required approvals or consents from any Governmental Authority). If at the end of such period the Dragging Member has not completed the Drag-along Sale, the Dragging Member may not then exercise its rights under this Section 9.15 13.3 without again fully complying with the provisions of this Section 9.1513.3.
Appears in 1 contract
Samples: Master Purchase Agreement (Morgans Hotel Group Co.)
Consummation of Sale. The Dragging Member shall have 60 sixty (60) days following the date of the Drag-along Notice in which to consummate the Drag-along Sale, on the terms set forth in the Drag-along Notice (which 60-day period may be extended for a reasonable time not to exceed 90 days to the extent reasonably necessary to obtain required approvals or consents from any Governmental Authority)Notice. If at the end of such period the Dragging Member has not completed the Drag-along Sale, the Dragging Member may not then exercise its rights under this Section 9.15 7.04 without again fully complying with the provisions of this Section 9.157.04.
Appears in 1 contract
Consummation of Sale. The Dragging Member shall have 60 sixty (60) days following the date of the Drag-along Notice in which to consummate the Drag-along Sale, on the terms set forth in the Drag-along Notice (which 60-day period may be extended for a reasonable time not to exceed 90 ninety (90) days to the extent reasonably necessary to obtain required approvals or consents from any Governmental Authority). If at the end of such period the Dragging Member has not completed the Drag-along Sale, the Dragging Member may not then exercise its rights under this Section 9.15 13.3 without again fully complying with the provisions of this Section 9.1513.3.
Appears in 1 contract
Samples: Equity Purchase Agreement (Morgans Hotel Group Co.)
Consummation of Sale. The Dragging Member shall have 60 one hundred twenty (120) days following the date of the Drag-along Notice in which to consummate the Drag-along Sale, on the terms set forth in the Drag-along Notice (which 60-120 day period may be extended for a reasonable time not to exceed 90 and additional one-hundred and twenty (120) days to the extent reasonably necessary to obtain required approvals or consents from any Governmental Authoritynecessary). If at the end of such period the Dragging Member has not completed the Drag-along Sale, the Dragging Member may not then exercise its rights under this Section 9.15 10.04 without again fully complying with the provisions of this Section 9.1510.04.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Good Hemp, Inc.)