Common use of Preferred Investor Clause in Contracts

Preferred Investor. (1) On the date hereof, in connection with the contributions made to the Company pursuant to the Preferred Rollover Election contemplated by Section 2.6 of the Purchase & Contribution Agreement, Preferred Investor shall have made a contribution to the Company in the agreed upon amount of $ , being the Preferred Rollover Amount. The aggregate contributions made to the Company by the Preferred Investor as of the date hereof is agreed to be $[ ].

Appears in 3 contracts

Samples: Limited Liability Company, Agreement of Purchase and Sale, Agreement of Purchase and Sale

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Preferred Investor. (1) On the date hereof, in connection with the contributions made to the Company pursuant to the Preferred Rollover Election contemplated by Section 2.6 of the Purchase & Contribution Agreement, Preferred Investor shall have made a contribution to the Company in the agreed upon amount of $ $18,000,000, being the Preferred Rollover Amount. The aggregate contributions made ; provided however that the foregoing amounts shall be subject to the Company by the Preferred Investor as reduction in accordance with Section 2.6(d) of the date hereof is agreed to be $[ ]Purchase & Contribution Agreement and Section 11.20 of this Agreement.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Emeritus Corp\wa\)

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