Common use of Return of Designated Interest Clause in Contracts

Return of Designated Interest. If, within 120 days after the Majority Member gives such notice, the sale of the Designated Interest by the Majority Member in accordance herewith has not been completed, the Majority Member shall return to each Member all instruments or other documentation representing the Designated Interest that such Member delivered for sale pursuant hereto.

Appears in 4 contracts

Samples: Operating Agreement (Magellan Health Services Inc), Operating Agreement (Crescent Operating Inc), Operating Agreement (Magellan Health Services Inc)

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