Purchase of Units. Subject to the other provisions of this Agreement, the Board may cause the Company to purchase or otherwise acquire Units; provided, that this provision shall not in and of itself obligate any Unitholder to sell any Units to the Company. So long as any such Units are owned by the Company, such Units will not be considered outstanding for any purpose.
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Samples: Limited Liability Company Agreement (loanDepot, Inc.), Limited Liability Company Agreement (loanDepot, Inc.), Limited Liability Company Agreement (loanDepot, Inc.)
Purchase of Units. Subject to the other provisions terms of this Agreement, the Board may cause the Company to purchase or otherwise acquire Units; provided, provided that this provision shall not in and of itself obligate any Unitholder Member to sell any Units to the Company. So long as any such Units are owned by or on behalf of the Company, such Units will not be considered outstanding for any purpose.
Appears in 3 contracts
Samples: Limited Liability Company Agreement (Calavo Growers Inc), Limited Liability Company Agreement (Calavo Growers Inc), Limited Liability Company Agreement (Calavo Growers Inc)
Purchase of Units. Subject to the other provisions of this Agreement, the Board may cause the Company to purchase or otherwise acquire Units, or may purchase or otherwise acquire Units on behalf of the Company; provided, provided that this provision shall not in and of itself obligate any Unitholder to sell any Units to the Company. So As long as any such Units are owned by or on behalf of the CompanyCompany or any Subsidiary, such Units will not be considered outstanding for any purposepurpose (and may not be voted).
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Purchase of Units. Subject to the other provisions terms of this Agreement, the Board may cause the Company to purchase or otherwise acquire Units; provided, provided that this provision shall not in and of itself obligate any Unitholder Member to sell any Units to the Company. So long as any such Units are owned by or on behalf of the Company, Company such Units will not be considered outstanding for any purpose.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Calavo Growers Inc)
Purchase of Units. Subject to compliance with the other applicable provisions of this Agreement, the Board may cause the Company Holdings LLC to purchase or otherwise acquire Units; provided, provided that this provision shall not in and of itself obligate any Unitholder to sell any Units to the CompanyHoldings LLC. So long as any such Units are owned by the Company, Holdings LLC such Units will not be considered outstanding for any purpose.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Pathology Solutions, LLC)
Purchase of Units. Subject to the Company’s compliance with the other applicable provisions of this Agreement, the Board of Managers may cause the Company to purchase or otherwise acquire Units; provided, provided that this provision shall not in and of itself obligate any Unitholder Member to sell any Units to the Company. So long as any such Units are owned by the Company, Company such Units will shall not be considered outstanding for any purpose.
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Purchase of Units. Subject to the other provisions of this Agreement, the The Board may cause the Company to purchase or otherwise acquire Units; provided, provided that this provision shall not in and of itself obligate any Unitholder to sell any Units to the Company. So long as any such Units are owned by the Company, such Units will not be considered outstanding for any purpose.
Appears in 1 contract
Samples: Limited Liability Company Agreement (ChromaDex Corp.)