Ownership Concentration Limitation. 1. Except as otherwise provided in this Section 9.1(b), for so long as the Company shall control, directly or indirectly, any of the U.S. Regulated Subsidiaries, no Person, either alone or together with its Related Persons, shall be permitted at any time to own beneficially Interests in the Company representing in the aggregate more than 20% of the voting power entitled to be cast on any matter (the “Concentration Limitation”).
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Samples: Limited Liability Company Agreement, Limited Liability Company Agreement
Ownership Concentration Limitation. 1. Except as otherwise provided in this Section 9.1(b), for so long as the Company shall control, directly or indirectly, any of the U.S. Regulated SubsidiariesExchange, no Person, either alone or together with its Related Persons, shall be permitted at any time to own beneficially Interests in the Company representing in the aggregate more than 20% of the voting power entitled to be cast on any matter (the “Concentration Limitation”).
Appears in 1 contract
Samples: Limited Liability Company Agreement
Ownership Concentration Limitation. 1. Except as otherwise provided in this Section 9.1(b), for so long as the Company shall control, directly or indirectly, any of the U.S. Regulated SubsidiariesSubsidiaries or any European Market Subsidiary, no Person, either alone or together with its Related Persons, shall be permitted at any time to own beneficially Interests in the Company representing in the aggregate more than 20% of the voting power entitled to be cast on any matter (the “Concentration Limitation”).
Appears in 1 contract
Samples: Limited Liability Company Agreement