Common use of Members Holding 20% Membership Interests Clause in Contracts

Members Holding 20% Membership Interests. The Managing Member shall prepare, or cause to be prepared, and shall deliver to each Member holding 20% or more of the outstanding Class A Membership Interests and to each Member holding 20% or more of the outstanding Class B Membership Interests as promptly as practicable such information regarding the Company and each Company Subsidiary as such Member shall reasonably request.

Appears in 4 contracts

Samples: Limited Liability Company Agreement (Energy Transfer Partners, L.P.), Redemption Agreement (Energy Transfer Equity, L.P.), Limited Liability Company Agreement (Southern Union Co)

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