Limitations on the Company’s Activities. (i) This Section 9(j) is being adopted in order to comply with certain provisions required in order to qualify the Company as a “special purpose” entity.
Limitations on the Company’s Activities. (a) This Section 4.9 is being adopted in order to comply with certain provisions required in order to qualify the Company as a “special purpose” entity.
Limitations on the Company’s Activities. The Board and the Member shall cause the Company to do or cause to be done all things necessary to preserve and keep in full force and effect its existence, charter or statutory rights and franchises; provided, however, that the Company shall not be required to preserve any such right or franchise if the Board shall determine that the preservation thereof is no longer desirable for the conduct of its business. Unless otherwise contemplated or permitted by a Management Agreement, the Company shall, and the Board shall cause the Company to:
Limitations on the Company’s Activities. This Section 2.07 is being adopted in order to comply with certain provisions required in order to qualify the Company as a “special purpose” entity.
Limitations on the Company’s Activities. This Section 9(k) is being adopted in order to comply with certain provisions required in order to qualify the Company as a “special purpose” entity. The Member shall not, so long as any Obligation is outstanding, amend, alter, change or repeal the definition of “Independent Director” or Sections 5(c), 7, 8, 9, 10, 16, 20, 21, 22, 23, 24, 25, 26 or 31 or Schedule A of this Agreement without the unanimous written consent of the Independent Directors. Subject to this Section 9(k), the Member reserves the right to amend, alter, change or repeal any provisions contained in this Agreement in accordance with Section 31 hereto.
Limitations on the Company’s Activities. (i) This Section 9(b) is being adopted in order to comply with certain provisions required in order to qualify the Company as a "special purpose entity" for the purpose of the Indebtedness. So long as any portion of the Indebtedness is outstanding the provisions of this Section 9(b) shall supercede and control any other provision hereof to the contrary.
Limitations on the Company’s Activities. The Initial Members shall not, so long as any Note or Other Obligation is outstanding, amend, alter, change or repeal the definition of “Independent Manager” or Sections 4.1, 7.1, 8.1, 8.3, 8.4, 11.1, 12.1, 13.1, 14.1, 15.1, 16.1, 16.2 or 16.3 or the Definitions Addendum of this Agreement without the unanimous written consent of the Manager and at least two Independent Managers. Subject to this Section 8.4, the Initial Members reserve the right to amend, alter, change or repeal any provisions contained in this Agreement in accordance with Section 16.3.
Limitations on the Company’s Activities. (i) This Section 8(d) is being adopted in order to qualify the Company as a “special purpose” entity.
Limitations on the Company’s Activities. Notwithstanding anything herein to the contrary, until the end of the Term, any and all actions by or on behalf of the Company, the Primary Member, any Officer or any other Person are subject to the limitations set forth in this Section 9(f). Any purported action by any Person in violation of this Section 9(f) shall be deemed null and void ab initio and of no force or effect.
Limitations on the Company’s Activities. (a) The Company shall not enter into supply agreements to purchase products from the Company with any Person that is not a Member or Affiliate of a Member without the consent of the Board of Managers. The foregoing shall not restrict CHS or CFS from assigning its rights to purchase products from the Company under the CHS Supply Agreement or the CFS Supply Agreement, respectively, to a third Person that is not a Competitor at the time of the assignment.
