Common use of Other Permitted Ancillary Transactions Clause in Contracts

Other Permitted Ancillary Transactions. In connection with the consummation of a Corporate Conversion, the Board shall have the authority to merge, consolidate or reorganize one or more subsidiaries with one or more other subsidiaries or other entities wholly-owned directly or indirectly by the LLC or the surviving corporation in the Corporate Conversion.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Learn SPAC HoldCo, Inc.), Class D Preferred Unit Purchase Agreement (Learn SPAC HoldCo, Inc.)

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Other Permitted Ancillary Transactions. In connection with the consummation of a Corporate Conversion, the Board shall have the authority to merge, consolidate or reorganize one or more subsidiaries with one or more other subsidiaries or other entities wholly-owned directly or indirectly by the LLC or the surviving or resulting corporation in the Corporate Conversion.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Dover Glen, Inc.)

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Other Permitted Ancillary Transactions. In connection with the consummation of a Corporate Conversion, the Board shall have the authority to merge, consolidate or reorganize one or more subsidiaries Subsidiaries with one or more other subsidiaries Subsidiaries or other entities wholly-owned directly or indirectly by the LLC Company or the surviving corporation in the Corporate Conversion.

Appears in 1 contract

Samples: Class a Series 2 Unit Purchase Agreement (Learn SPAC HoldCo, Inc.)

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