Elimination of Preemptive Rights. No Member shall be entitled as such, as a matter of right, to subscribe for or purchase interests in the Company of any class, now or hereafter authorized.
Appears in 16 contracts
Samples: Limited Liability Company Agreement (World Omni Auto Receivables LLC), Limited Liability Company Agreement (World Omni LT), Limited Liability Company Agreement (World Omni Auto Receivables LLC)
Elimination of Preemptive Rights. No Member shall shaft be entitled as such, β as a matter of right, to subscribe for or purchase interests in the Company of any class, now or hereafter authorized.
Appears in 1 contract
Samples: Limited Liability Company Agreement (World Omni Auto Leasing LLC)