Common use of Rights Following the Third Anniversary Clause in Contracts

Rights Following the Third Anniversary. At any time following the third (3rd) anniversary of the effective date of the Plan, Managing Member or any Member, as applicable, may exercise on the following liquidity rights:

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Brookfield Retail Holdings LLC), Limited Liability Company Agreement (Brookfield Retail Holdings LLC)

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Rights Following the Third Anniversary. At any time following the third (3rd) anniversary of the effective date of the Plan, Managing Member General Partner or any MemberPartner, as applicable, may exercise on the following liquidity rights:

Appears in 2 contracts

Samples: Limited Partnership Agreement (Brookfield Retail Holdings LLC), Limited Partnership Agreement (Brookfield Retail Holdings LLC)

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