Common use of SPV LLC Agreement Clause in Contracts

SPV LLC Agreement. Notwithstanding anything in this Agreement to the contrary, all SPV Common Units acquired by the Rolling Stockholder pursuant to this Agreement will be subject to the terms and conditions of a Limited Liability Company Agreement, the form of which is attached as Exhibit A hereto (the “LLCA”), it being understood and agreed that the LLCA that is attached as an exhibit hereto may be modified from time to time prior to the Contribution Closing (without limiting or effecting the Rollover Stockholder’s obligations hereunder, including to effect the Exchange at the Contribution Closing); provided, that no such modification shall be effected without the prior written consent of the Rollover Stockholder unless the consent of the Rollover Stockholder would not have been required under the terms of the LLCA that is attached as an exhibit hereto if such modification were to be effected following the Contribution Closing, in which case such modification may be effected without the prior written consent of the Rollover Stockholder.

Appears in 5 contracts

Samples: Riley Bryant R, Rippel Douglas Richard, Haverkamp Joseph A

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.