Common use of Notice of Intended Exchange Consideration Clause in Contracts

Notice of Intended Exchange Consideration. At least two (2) Business Days before the Exchange Date, the Managing Member shall give written notice (the “Contribution Notice”) to the Company (with a copy to the Exchangeable Unit Member) of its intended Exchange Consideration; provided, that if the Managing Member does not timely deliver a Contribution Notice, the Managing Member shall be deemed to have elected to settle the Exchange with shares of Class A Common Stock.

Appears in 5 contracts

Samples: Limited Liability Company Agreement (GEN Restaurant Group, Inc.), Limited Liability Company Agreement (Zevia PBC), Limited Liability Company Agreement (Zevia PBC)

AutoNDA by SimpleDocs

Notice of Intended Exchange Consideration. At least two (2) Business Days before the Exchange Date, the Managing Member Manager or the Company, as applicable, shall give written notice (the “Contribution Notice”) to the Company other (with a copy to the Exchangeable Unit Member) of its intended Exchange Consideration; provided, that if . If the Managing Member Manager or the Company does not timely deliver a Contribution Noticesuch written notice, the Managing Member Manager or the Company shall be deemed to have elected to settle the Exchange with shares of Class A Common Stock.

Appears in 4 contracts

Samples: Limited Liability Company Agreement (HNR Acquisition Corp.), Limited Liability Company Agreement (HNR Acquisition Corp.), Limited Liability Company Agreement (Verde Clean Fuels, Inc.)

Notice of Intended Exchange Consideration. At least two (2) Business Days before the Exchange Date, the Managing Member Manager, shall give written notice (the “Contribution Notice”) to the Company (with a copy to the Exchangeable Unit Member) of its intended Exchange Consideration; provided, that if . If the Managing Member Manager or the Company does not timely deliver a Contribution Noticesuch written notice, the Managing Member Manager shall be deemed to have elected to settle the Exchange with shares of Class A Common Stock.

Appears in 2 contracts

Samples: Letter Agreement (ESGEN Acquisition Corp), Letter Agreement (ESGEN Acquisition Corp)

Notice of Intended Exchange Consideration. At least two (2) Business Days before the Exchange Date, the Managing Member Manager shall give written notice (the “Contribution Notice”) to the Company (with a copy to the Exchangeable Unit Member) of its intended Exchange Consideration; provided, that if . If the Managing Member Manager does not timely deliver a Contribution Noticesuch written notice, the Managing Member Manager shall be deemed to have elected to settle the Exchange with shares of Class A Common Stock.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (NUSCALE POWER Corp), Limited Liability Company Agreement (Spring Valley Acquisition Corp.)

AutoNDA by SimpleDocs

Notice of Intended Exchange Consideration. At least two (2) Business Days before the Exchange Date, the Managing Member shall give written notice (the “Contribution Notice”) to the Company (with a copy to the Exchangeable Unit Member) of its intended Exchange Consideration; provided, that if . If the Managing Member does not timely deliver a Contribution Noticesuch written notice, the Managing Member shall be deemed to have elected to settle the Exchange with shares of Class A Common Stock.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Rubicon Technologies, Inc.), Agreement and Plan of Merger (Founder SPAC)

Notice of Intended Exchange Consideration. At least two (2) Business Days before the Exchange Date, the Managing Member Manager shall give written notice (the “Contribution Notice”) to the Company (with a copy to the Exchangeable Unit Member) of its intended Exchange Consideration; provided, that if . If the Managing Member Manager or the Company does not timely deliver a Contribution Noticesuch written notice, the Managing Member Manager shall be deemed to have elected to settle the Exchange with shares of Class A Common Stock.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Zeo Energy Corp.)

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