Common use of Election to Purchase Less Clause in Contracts

Election to Purchase Less. Than All of the Former Member's Interest. If any Remaining Member elects to purchase none or less than all of its pro rata share of the Former Member's Interest, then the Remaining Members can elect to purchase more than their pro rata share. If the Remaining Members fail to purchase the entire interest of the Former Member, the Company will purchase any remaining share of the Former Member's Interest.

Election to Purchase Less. Than than All of the Former Member's ’s Interest. If any Remaining Member elects to purchase none or less than all of its his or her pro rata share of the Former Member's ’s Interest, then the Remaining Members can elect to purchase more than their pro rata share. If the Remaining Members fail to purchase the entire interest of the Former Member, the Company will may purchase any remaining share of the Former Member's ’s Interest.

Election to Purchase Less. Than All of the Former Member's Interest. ------------------------------------------------------------------ If any Remaining Member elects to purchase none or less than all of its his pro rata share of the Former Member's Interest, then the Remaining Members can elect to purchase more than their pro rata share. If the Remaining Members fail to purchase the entire interest of the Former Member, the Company will shall purchase any remaining share of the Former Member's Interest.

Election to Purchase Less. Than All of the Former Member's Interest. ------------------------------------------------------------------ If any Remaining Member elects to purchase none or less than all of its his or her pro rata share of the Former Member's Interest, then the Remaining Members can may elect to purchase more than their pro rata share. If the Remaining Members fail to purchase the entire interest of the Former Member, the Company will may purchase any remaining share of the Former Member's Interest. Any purchase of a Former Member's Interest must be the entire interest.

Election to Purchase Less. Than than All of the Former Member's ’s Interest. If any Remaining Member elects to purchase none or less than all of its his or her pro rata share of the Former Member's ’s Interest, then the Remaining Members can elect to purchase more than their pro rata share. If the Remaining Members fail to purchase the entire interest of the Former Member, the Company will shall purchase any remaining share of the Former Member's ’s Interest.