Common use of Continuing Rights and Privileges Clause in Contracts

Continuing Rights and Privileges. Notwithstanding the sale or other disposition by Central of all of its Common Interest in accordance with this Agreement, Central shall continue to be a Member of the Company so long as it continues to hold the Preferred A Interest or the Preferred B Interest and shall have the rights and privileges specified in this Agreement as pertaining to the Preferred A Interest or the Preferred B Interest or specified in this Agreement as rights and privileges of Central.

Appears in 3 contracts

Samples: Operating Agreement (Coaxial LLC), Operating Agreement (Insight Communications Co Inc), Operating Agreement (Insight Communications of Central Ohio LLC)

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Continuing Rights and Privileges. Notwithstanding the sale or other disposition by Central of all of its Common Interest in accordance with this Agreement, Central shall continue to be a Member of the Company so long as it continues to hold the Preferred A Interest or the Preferred B Interest and shall have the rights and privileges specified in this Agreement as pertaining to the Preferred A Interest or the Preferred B Interest or specified in this Agreement as rights and privileges of Central.

Appears in 1 contract

Samples: Operating Agreement (Insight Communications Co Inc)

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