Property Sale and Interest Sale. Notwithstanding anything contained herein, any decision to effect a Property Sale or Interest Sale shall be subject to the determination by the Board (including a majority of the Independent Directors) that the proposed transaction is on commercially reasonable terms.
Appears in 5 contracts
Samples: Agreement (Feldman Mall Properties, Inc.), Recapitalization Agreement (Feldman Mall Properties, Inc.), Redemption Agreement (Feldman Mall Properties, Inc.)