Discretionary Repurchases. The Board shall cause the Company to repurchase Units on terms fair to the Company and to all Members (or one or more classes of Members, including persons holding Units acquired from Members), as applicable, in the following manner:
Appears in 5 contracts
Samples: Limited Liability Company Operating Agreement (FEG Absolute Access Fund I LLC), Limited Liability Company Operating Agreement (FEG Directional Access TEI Fund LLC), Limited Liability Company Operating Agreement (FEG Directional Access Fund LLC)
Discretionary Repurchases. The Board shall cause the Company to repurchase Units Interests on terms fair to the Company and to all Members (or one or more classes of Members, including persons holding Units Interests acquired from Members), as applicable, in the following manner:
Appears in 4 contracts
Samples: Limited Liability Company Operating Agreement (FEG Directional Access Fund LLC), Limited Liability Company Operating Agreement (FEG Equity Access Fund LLC), Limited Liability Company Operating Agreement (Feg Absolute Access Tei Fund LLC)