Purchase or Sale of Company Securities. The Board of Directors may cause the Company to purchase or otherwise acquire Company Securities; provided that, except as permitted pursuant to Section 4.8, the Board of Directors may not cause any Group Member to purchase Subordinated Units during the Subordination Period.
Appears in 5 contracts
Samples: Limited Liability Company Agreement (Copano Energy, L.L.C.), Limited Liability Company Agreement (Copano Energy, L.L.C.), Limited Liability Company Agreement (Copano Energy, L.L.C.)