Common use of Sale of Units Clause in Contracts

Sale of Units. Subject to compliance with Section 9.15(d), each Drag-along Member shall sell in the Drag-along Sale all of the Units held by such Drag-along Member.

Appears in 4 contracts

Samples: Operating Agreement, Operating Agreement (Lincolnway Energy, LLC), Operating Agreement (Lincolnway Energy, LLC)

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Sale of Units. Subject to compliance with Section 9.15(d9.04(d), each Drag-along Member shall sell in the Drag-along Sale all of the Units held by such Drag-along Member.

Appears in 1 contract

Samples: Limited Liability Company Agreement (BIT ORIGIN LTD)

Sale of Units. Subject to compliance with Section 9.15(d9.03(d), each Drag-along Along Member shall sell in the Drag-along Along Sale all of the Units held by such Drag-along Along Member. Each Drag-Along Member shall receive the same portion of the aggregate proceeds of the Drag-Along Sale as such Drag-Along Member would have received if such consideration had been Distributed by the Company pursuant to Section 7.01(a).

Appears in 1 contract

Samples: Operating Agreement

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Sale of Units. Subject to compliance with Section 9.15(d7.03(d), each Drag-along Along Member shall sell in the Drag-along Along Sale all of the Units held by such Drag-along Along Member. Each Drag- Along Member shall receive the portion of the aggregate proceeds of the Drag-Along Sale, after giving effect to Section 7.03(f), in proportion to such Drag-Along Member’s Percentage Interests.

Appears in 1 contract

Samples: Subscription Agreement

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