Common use of No Grant of Dissenters Rights or Appraisal Rights Clause in Contracts

No Grant of Dissenters Rights or Appraisal Rights. In no manner shall this Section 9.2 be construed to grant to any Member or Unitholder any dissenters rights or appraisal rights or give any Member or Unitholder any right to vote in any transaction structured as a merger or consolidation or otherwise (it being understood that the Members hereby expressly waive rights under Section 18-210 of the Delaware Act (entitled “Contractual Appraisal Rights”) and grant to the Board the sole right to approve or consent to a merger or consolidation of the Company without approval or consent of the Members or the Unitholders).

Appears in 4 contracts

Samples: Limited Liability Company Agreement (loanDepot, Inc.), Limited Liability Company Agreement (loanDepot, Inc.), Limited Liability Company Agreement (loanDepot, Inc.)

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No Grant of Dissenters Rights or Appraisal Rights. In no manner shall this Section 9.2 be construed to grant to any Member or Unitholder any dissenters rights or appraisal rights or give any Member or Unitholder any right to vote in any transaction structured as a merger or consolidation or otherwise (it being understood that the Members Unitholders hereby expressly waive rights under Section 18-210 of the Delaware Act (entitled “Contractual Appraisal Rights”) and grant to the Board Manager the sole right to approve or consent to a merger or consolidation of the Company without approval or consent of the Members or the Unitholders).

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Clearwater Analytics Holdings, Inc.), Limited Liability Company Agreement (Clearwater Analytics Holdings, Inc.)

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No Grant of Dissenters Rights or Appraisal Rights. In no manner shall this Section 9.2 10.3 be construed to grant to any Member or Unitholder any dissenters rights or appraisal rights or give any Member or Unitholder any right to vote in any transaction structured as a merger or consolidation or otherwise (it being understood that the Members hereby expressly waive have waived any rights under Section 18-210 of the Delaware Act (entitled “Contractual Appraisal Rights”) and grant pursuant to Section 2.2). Each Member expressly grants to the Board Approving Party the sole right to approve or consent to a merger merger, conversion, consolidation, sale of assets or consolidation of the Company Sale Transaction without approval or consent of the Members or the Unitholders)Members.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Driven Brands Holdings Inc.)

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