Examples of Flip Date in a sentence
Notwithstanding the foregoing, the provisions of this Section 7.07(a) (1) shall not apply to or restrict the activities of any of Investor’s Affiliates, Affiliated Funds, and Affiliated Investment Vehicles other than Investor Fund and any such Affiliates, Affiliated Funds, and Affiliated Investment Vehicles as are Controlled by Investor Fund and (2) shall terminate and no longer be of any effect following the Flip Date.
From and after the Flip Date, each of XPLR Member and its Affiliates holding Class A Units or Class B 953834.04-WILSR01A - MSW Units may Dispose of all or any portion of such Class A Units and Class B Units to any Person without Class B Member Approval.
Notwithstanding the foregoing, the provisions of this Section 7.07(a) shall terminate and no longer be of any effect following the Flip Date.
From and after the Flip Date, each of XPLR Member and its Affiliates holding Class A Units or Class B Units may Dispose of all or any portion of such Class A Units and Class B Units to any Person, other than a XPLR Excluded Party, without Class B Member Approval.