Common use of Managing Member Approval Clause in Contracts

Managing Member Approval. Managing Member hereby acknowledges and consents to the Transfer of the Transferred Interests in all respects for all purposes under the LLC Agreement and any other applicable agreements.

Appears in 4 contracts

Samples: Membership Interest Purchase Agreement (Brookfield Retail Holdings VII LLC), Membership Interest Purchase Agreement (Brookfield Retail Holdings VII LLC), Membership Interest Purchase Agreement (Brookfield Retail Holdings VII LLC)

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Managing Member Approval. Managing Member hereby (i) acknowledges and consents to the Transfer of the Transferred Interests in all respects for all purposes under the LLC Agreement and any other applicable agreements, (ii) consents to the admission of the Purchaser as a member of the Company in replacement of the Seller with respect to the Transferred Interest and (iii) confirms the satisfaction or waiver of all applicable conditions to the Transfer under the LLC Agreement.

Appears in 2 contracts

Samples: Membership Interest Purchase Agreement (Brookfield Retail Holdings VII LLC), Membership Interest Purchase Agreement (Brookfield Retail Holdings VII LLC)

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