Procedure for Merger or Consolidation. (a) Merger or consolidation of the Company pursuant to this Article XIV requires the prior consent of the Managing Member, provided, however, that, to the fullest extent permitted by law, the Managing Member, in declining to consent to a merger or consolidation, may act in its sole discretion.
Appears in 6 contracts
Samples: Operating Agreement (EnLink Midstream, LLC), Operating Agreement (EnLink Midstream Partners, LP), Operating Agreement (EnLink Midstream, LLC)
Procedure for Merger or Consolidation. (a) Merger or consolidation of the Company pursuant to this Article XIV requires the prior consent approval of the Managing Member, provided, however, that, to Manager. If the fullest extent permitted by law, the Managing MemberManager shall determine, in declining the exercise of its discretion, to consent to a the merger or consolidation, may act in its sole discretion.the Manager shall approve the Merger Agreement, which shall set forth:
Appears in 5 contracts
Samples: Company Agreement (Enterprise Products Partners L P), Operating Agreement (U S Timberlands Co Lp), Operating Agreement (U S Timberlands Klamath Falls LLC)
