Common use of Elimination or Modification of Restrictions Clause in Contracts

Elimination or Modification of Restrictions. Notwithstanding any of the foregoing provisions of this Article X, the Board of Directors may amend this Agreement without the consent of any Person to eliminate or modify any restriction on substitution of Members or assignment of Shares at such time as the restriction is no longer necessary or advisable.

Appears in 10 contracts

Samples: Limited Liability Company Agreement (KKR Private Equity Conglomerate LLC), Limited Liability Company Agreement (KKR Infrastructure Conglomerate LLC), Limited Liability Company Agreement (KKR Infrastructure Conglomerate LLC)

AutoNDA by SimpleDocs

Elimination or Modification of Restrictions. Notwithstanding any of the foregoing provisions of this Article X, the Board of Directors may amend this Agreement without the consent of any Person to eliminate or modify any restriction on substitution of Members or Shareholders or the assignment of Shares at such time as the restriction is no longer necessary or advisable.

Appears in 2 contracts

Samples: Apollo Asset Backed Credit Co LLC, Apollo Infrastructure Co LLC

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.