Common use of LLC Clause in Contracts

LLC. (i) At the option of LLC, upon a firm commitment underwritten public offering of equity securities of LLC pursuant to an effective registration statement under the Securities Act of 1933, as amended; (ii) At the option of LLC, upon the Change of Control of LLC; (iii) At the option of LLC, upon the Change of Control of Holdings; (iv) By LLC at any time upon or after the occurrence of an Insolvency Event with respect to Holdings; or (v) By LLC at any time if, after thirty (30) days’ prior notice to Holdings of its failure to perform any of its obligations hereunder, Holdings fails to perform such obligations, or at any time with ninety (90) days’ prior notice.

Appears in 3 contracts

Sources: Administrative Services Agreement (P10, Inc.), Administrative Services Agreement (P10, Inc.), Administrative Services Agreement (P10, Inc.)