Events in Connection with the Sale of Interests. (a) If there is a sale of Interest under Section 10.4 of this Agreement to the Company, the closing (“Closing”) shall occur at a time mutually agreeable to the parties and in accordance with the time periods set forth in the applicable provision of this Agreement; provided, however, the Closing shall not occur until at least sixty (60) days after the Company’s receipt of notice from the estate or personal representative requesting the Company repurchase the deceased Member’s Interest, but in no event later than one hundred twenty (120) days after the date of the Company’s receipt of such notice.
Appears in 3 contracts
Samples: Operating Agreement, Operating Agreement, Operating Agreement (Husker Ag LLC)
Events in Connection with the Sale of Interests. (a) If there is a sale of Interest under Section 10.4 of this Agreement to the Company, the closing (“"Closing”") shall occur at a time mutually agreeable to the parties and in accordance with the time periods set forth in the applicable provision of this Agreement; provided, however, the Closing shall not occur until at least sixty (60) days after the Company’s receipt of notice from the estate or personal representative requesting the Company repurchase the deceased Member’s Interest, but in no event later than one hundred twenty (120) days after the date of the Company’s receipt of such notice.
Appears in 3 contracts
Samples: Operating Agreement (Husker Ag LLC), Operating Agreement (Husker Ag LLC), Operating Agreement (Husker Ag LLC)
Events in Connection with the Sale of Interests. (a) If there is a sale of Interest under Section 10.4 of this Agreement to the Company, the closing (“"Closing”") shall occur at a time mutually agreeable to the parties and in accordance with the time periods set forth in the applicable provision of this Agreement; provided, however, the Closing shall not occur until at least sixty (60) days after the Company’s 's receipt of notice from the estate or personal representative requesting the Company repurchase the deceased Member’s 's Interest, but in no event later than one hundred twenty (120) days after the date of the Company’s 's receipt of such notice.
Appears in 2 contracts
Samples: Operating Agreement, Member Control Agreement (Granite Falls Community Ethanol Plant LLC)
Events in Connection with the Sale of Interests. (a) If there is a sale of Interest under Section 10.4 of this Agreement to the Company, the closing (“Closing”"CLOSING") shall occur at a time mutually agreeable to the parties and in accordance with the time periods set forth in the applicable provision of this Agreement; provided, however, the Closing shall not occur until at least sixty (60) days after the Company’s 's receipt of notice from the estate or personal representative requesting the Company repurchase the deceased Member’s 's Interest, but in no event later than one hundred twenty (120) days after the date of the Company’s 's receipt of such notice.
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