Procedure for Merger or Consolidation. Merger or consolidation of the Company pursuant to this Article XV requires the prior approval of the Managing Member. If the Managing Member shall determine, in the exercise of its discretion, to consent to the merger or consolidation, the Managing Member shall approve the Merger Agreement, which shall set forth:
Appears in 11 contracts
Samples: Limited Liability Company Agreement (Penn Virginia Resource Partners L P), Limited Liability Company Agreement (Penn Virginia Resource Partners L P), Limited Liability Company Agreement (Pacific Energy Partners Lp)
Procedure for Merger or Consolidation. Merger or consolidation of the Company pursuant to this Article XV XVI requires the prior approval of the Managing MemberBoard of Directors. If the Managing Member Board of Directors shall determine, in the exercise of its sole discretion, to consent to the merger or consolidation, the Managing Member Board of Directors shall approve the Merger Agreement, which shall set forth:
Appears in 3 contracts
Samples: Limited Liability Company Agreement (Eott Energy LLC), Limited Liability Company Agreement (Eott Energy Finance Corp), Limited Liability Company Agreement (Eott Energy LLC)
