Certain Activities of NBPCo Holdings Prohibited. (i) Commencing on the Effective Date and continuing for so long as NBPCo Holdings or its Affiliates owns or Controls any Class B Units of the Company, NBPCo Holdings and its Affiliates shall not, directly or indirectly, singularly or in the aggregate, own or Control more than five percent (5%) of the Ownership Interests of, or otherwise run, manage, operate, direct, or Control, any Competing Business or any Competing Facility.
Appears in 3 contracts
Samples: Limited Liability Company Agreement (Nb Finance Corp), Limited Liability Company Agreement (National Beef Packing Co LLC), Limited Liability Company Agreement (National Beef Packing Co LLC)
Certain Activities of NBPCo Holdings Prohibited. (i) Commencing on the Effective Date and continuing for For so long as NBPCo Holdings or its Affiliates owns or Controls any Class B Units of the Company, NBPCo Holdings and its Affiliates shall not, directly or indirectly, singularly or in the aggregate, own or Control more than five percent (5%) of the Ownership Interests of, or otherwise run, manage, operate, direct, or Control, any Competing Business or any Competing Facility.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (National Beef, Inc.), Limited Liability Company Agreement (National Beef, Inc.)
Certain Activities of NBPCo Holdings Prohibited. (i) Commencing on the Effective Date and continuing for For so long as NBPCo Holdings or its Affiliates owns or Controls any Class B Units of the Company, NBPCo Holdings and its Affiliates shall not, directly or indirectly, singularly or in the aggregate, own or Control more than five percent (5%) of the Ownership Interests of, or otherwise run, manage, operate, direct, or Control, any Competing Business or any Competing Facility.percent
Appears in 1 contract
Samples: Limited Liability Company Agreement (National Beef, Inc.)
