Common use of Two-year Holding Period Requirement Clause in Contracts

Two-year Holding Period Requirement. Except to the extent provided in Section 10.7, and notwithstanding anything to the contrary contained in this Section 10.5, no Member can seek to sell all of its interest in the Company (as opposed to an interest in one or more of the Properties) if there are any Properties owned by the Company which have been held for less than two years.

Two-year Holding Period Requirement. Except to the extent provided in Section 10.7, and notwithstanding anything to the contrary contained in this Section 10.5, no Member can seek to sell all of its interest in the Company (as opposed to an interest in one or more of the PropertiesPr operties) if there are any Properties owned by the Company which have been held for less than two years.

Two-year Holding Period Requirement. Except to the extent provided in Section 10.7, and notwithstanding anything to the contrary contained in this Section 10.510.6, no Member can seek to sell all of its interest in the Company (as opposed to an interest in one or more of the Properties) if there are any Properties owned by the Company which have been held for less than two years.. = 1 LP 896719.4 \ 33618-64246

Two-year Holding Period Requirement. Except to the extent provided in Section 10.7, and notwithstanding anything to the contrary contained in this Section 10.510.6, no Member can seek to sell all of its interest in the Company (as opposed to an interest in one or more of the Properties) if there are any Properties owned by the Company which have been held for less than two years.