Redemption of Interests. (a) A Member (the “Requesting Member”) may request redemption of his or her Interest upon not less than sixty (60) calendar days’ prior written notice to the Board of Directors. The Board, in its sole discretion, shall determine whether to redeem such Interest and the Board is under no obligation to redeem any Interest of any Requesting Member.
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Samples: Operating Agreement, Operating Agreement, Operating Agreement (Husker Ag LLC)
Redemption of Interests. (a) A Member (the “"Requesting Member”") may request redemption of his or her Interest upon not less than sixty (60) calendar days’ ' prior written notice to the Board of Directors. The Board, in its sole discretion, shall determine whether to redeem such Interest and the Board is under no obligation to redeem any Interest of any Requesting Member.
Appears in 2 contracts
Samples: Operating Agreement, Operating Agreement (Nedak Ethanol, LLC)
Redemption of Interests. (a) A Member member (the “Requesting Member”) may request redemption of his or her Interest interest upon not less than sixty (60) calendar days’ prior written notice to the Board of Directors. The Board, in its sole discretion, shall determine whether to redeem such Interest interest and the Board is under no obligation to redeem any Interest interest of any Requesting Memberrequesting member.
Appears in 1 contract
Redemption of Interests. (a) A Member member (the “"Requesting Member”") may request redemption of his or her Interest interest upon not less than sixty (60) calendar days’ ' prior written notice to the Board of Directors. The Board, in its sole discretion, shall determine whether to redeem such Interest interest and the Board is under no obligation to redeem any Interest interest of any Requesting Memberrequesting member.
Appears in 1 contract
Redemption of Interests. (a) A Member (the “Requesting Member”"REQUESTING MEMBER") may request redemption of his or her Interest upon not less than sixty (60) calendar days’ ' prior written notice to the Board of Directors. The Board, in its sole discretion, shall determine whether to redeem such Interest and the Board is under no obligation to redeem any Interest of any Requesting Member.
Appears in 1 contract
Redemption of Interests. (a) A Member (the “"Requesting Member”") may request redemption of his or her Interest upon not no less than sixty (60) calendar days’ ' prior written notice to the Board of DirectorsGovernors. The Board, in its sole discretion, shall determine whether to redeem such Interest and the Board is under no obligation to redeem any Interest of or any Requesting Member.
Appears in 1 contract
Samples: Member Control Agreement (Granite Falls Community Ethanol Plant LLC)
