Common use of Removal Process; Notice to Perform Clause in Contracts

Removal Process; Notice to Perform. Prior to initiating a removal action per this Article for Good Cause, all Class A and Class B Members (other than the Manager who collectively own seventy five percent (75%) or more of the Interests (the requisite Interests)) shall issue a Notice to Perform to the Manager in accordance with the notice provision in Article 15.1

Appears in 23 contracts

Samples: Operating Agreement (Cardone Equity Fund IX, LLC), Operating Agreement (HIS Capital Fund III, LLC), Operating Agreement (Own Our Own Fund I, LLC)

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Removal Process; Notice to Perform. Prior to initiating a removal action per this Article for Good Cause, all Class A and Class B Members (other than the Manager Manager) who collectively own seventy five percent (75%) or more of the Interests (the requisite Interests)) shall issue a Notice to Perform to the Manager in accordance with the notice provision in Article 15.1

Appears in 8 contracts

Samples: Company Agreement (Paradyme Equities, LLC), Company Agreement (Paradyme Equities, LLC), Company Agreement (Paradyme Equities, LLC)

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Removal Process; Notice to Perform. Prior to initiating a removal action per this Article for Good Cause, all Class A G, Class L and Class B M Members (other than the Manager Manager) who collectively own seventy five percent (75%) or more of the Interests exclusive of any Interests owned by the Manager (the requisite Interests)) shall issue a Notice to Perform to the Manager in accordance with the notice provision in Article 15.1

Appears in 3 contracts

Samples: Limited Liability Company Agreement (Mission First Capital LLC), Limited Liabiltiy Company Agreement (Mission First Capital LLC), Limited Liabiltiy Company Agreement (Mission First Capital LLC)

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