Leveraging. No Member or Unit Holder is permitted to leverage such Member’s or Unit Holder’s Units for any purpose unless otherwise approved by the Manager, except as expressly provided herein.
Appears in 2 contracts
Sources: Operating Agreement (World Tree Usa, LLC), Operating Agreement (World Tree Usa, LLC)
Leveraging. No Member or Unit Holder is permitted to leverage such Member’s or Unit HolderMember’s Units for any purpose unless otherwise approved by the Manager, except as expressly provided herein.
Appears in 1 contract
Sources: Limited Liability Company Agreement