No Retirement Fund or Conversion. The limited liability company interests in the Company will not be subject to the operation of a retirement or sinking fund to be applied to the purchase or redemption thereof for retirement and will not be convertible into any other class of limited liability company interests.
Appears in 6 contracts
Samples: Limited Liability Company Operating Agreement, Limited Liability Company Operating Agreement, Interest Sale and Assignment Agreement
No Retirement Fund or Conversion. The limited liability company interests in the Company will shall not be subject to the operation of a retirement or sinking fund to be applied to the purchase or redemption thereof for retirement and will shall not be convertible into any other class of limited liability company interests.
Appears in 2 contracts
Samples: Limited Liability Company Operating Agreement, Private Owner Interest Sale and Assignment Agreement
