Common use of Repurchase of Interests in Certain Event Clause in Contracts

Repurchase of Interests in Certain Event. (a) In the discretion of AHH Management, the Company may, but is not obligated to, repurchase a Member's Economic Interest or Membership Interest upon such Member's breach of the Member's obligations contained in Article III, Sections 5.09, 8.1(b), 8.4, 8.9, 8.11, 12.1 and 12.11 of this Agreement.

Appears in 3 contracts

Samples: Operating Agreement (Medcath Corp), Operating Agreement (Medcath Inc), Operating Agreement (Medcath Corp)

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Repurchase of Interests in Certain Event. (a) In the discretion of AHH ManagementHHBF, the Company may, but is not obligated to, repurchase a Member's Economic Interest or Membership Interest upon such Member's breach of the Member's obligations contained in Article III, Sections 5.095.10, 8.1(b), 8.4, 8.9, 8.11, 12.1 and 12.11 of this Agreement.

Appears in 2 contracts

Samples: Operating Agreement (Medcath Corp), Operating Agreement (Medcath Corp)

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Repurchase of Interests in Certain Event. (a) In the discretion of AHH ManagementHHBF, the Company may, but is not obligated to, repurchase a Member's Economic Interest or Membership Interest upon such Member's breach of the Member's obligations contained in Article III, Sections 5.095.11, 8.1(b), 8.4, 8.9, 8.11, 12.1 and 12.11 of this Agreement.

Appears in 1 contract

Samples: Operating Agreement (Medcath Corp)

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