Common use of Amendments to Allocation to Reflect Issuance of Additional Membership Interests Clause in Contracts

Amendments to Allocation to Reflect Issuance of Additional Membership Interests. In the event that the Company issues additional Membership Interests to the Managing or any Additional Member pursuant to Article 4 hereof, the Managing Member shall make such revisions to this Article 6 as it determines are necessary to reflect the terms of the issuance of such additional Membership Interests, including making preferential allocations to certain classes of Membership Interests.

Appears in 4 contracts

Samples: Limited Liability Company Agreement (Hcp, Inc.), Limited Liability Company Agreement (Health Care Property Investors Inc), Limited Liability Company Agreement (Pan Pacific Retail Properties Inc)

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Amendments to Allocation to Reflect Issuance of Additional Membership Interests. In the event that the Company issues additional Membership Interests to the Managing Member or any Additional Member pursuant to Article 4 hereof, the Managing Member shall make such revisions to this Article 6 as it determines are necessary to reflect the terms of the issuance of such additional Membership Interests, including making preferential allocations to certain classes of Membership Interests., subject to Section 7.3.D.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Hcp, Inc.)

Amendments to Allocation to Reflect Issuance of Additional Membership Interests. In the event that the Company issues additional Membership Interests to the Managing or any Additional Member pursuant to Article 4 --------- hereof, the Managing Member shall make such revisions to this Article 6 as it --------- determines are necessary to reflect the terms of the issuance of such additional Membership Interests, including making preferential allocations to certain classes of Membership Interests.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Health Care Property Investors Inc)

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Amendments to Allocation to Reflect Issuance of Additional Membership Interests. In the event that the Company issues additional Membership Interests to the Managing Members or any Additional Member pursuant to Article 4 hereof, the Managing Member Members shall make such revisions to this Article 6 as it determines are necessary to reflect the terms of the issuance of such additional Membership Interests, including making preferential allocations to certain classes of Membership Interests.

Appears in 1 contract

Samples: Operating Agreement (Pan Pacific Retail Properties Inc)

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