Certain Activities of NBPCo Prohibited. (i) Except as otherwise set forth below, for so long as NBPCo or any of its Affiliates owns or Controls any Units of the Company, neither NBPCo nor any of its Affiliates shall, directly or indirectly, singularly or in the aggregate, own or Control more than 5% of the Ownership Interests of, or otherwise run, manage, operate, direct, Control or participate in the management, operation or Control of, any Competing Business or any Competing Facility.
Appears in 3 contracts
Samples: Limited Liability Company Agreement (U. S. Premium Beef, LLC), Limited Liability Company Agreement (Jefferies Financial Group Inc.), Purchase and Sale Agreement (Leucadia National Corp)
Certain Activities of NBPCo Prohibited. (i) Except as otherwise set forth below, Commencing on the Effective Date and continuing for so long as NBPCo or any of its Affiliates owns or Controls any Units of the Company, neither NBPCo nor any of and its Affiliates shallshall 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, Control direct or participate in the management, operation or Control ofControl, any Competing Business or any Competing Facility.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Leucadia National Corp), Limited Liability Company Agreement (National Beef Packing Co LLC)
