Liquidation Approval Right Sample Clauses

Liquidation Approval Right. Notwithstanding anything to the contrary in this Agreement, including, without limitation, Section 12.3, in connection with any Liquidation, the prior written consent of the Managing Member shall be required for any sale or other monetization of assets of the Company that would not exceed the greater of (x) the book value of the Company, and (y) the Appraised Value of the Company as determined by an Appraiser selected by the Managing Member in its discretion.