REIT Protections. 6.11.1 Notwithstanding anything to the contrary in this Agreement, unless each REIT Member shall otherwise consent in writing (which consent may be withheld in such REIT Member’s sole and absolute discretion), the Company shall not (and shall not permit any Subsidiary of the Company to):
Appears in 2 contracts
Samples: Limited Liability Company Agreement (American Healthcare REIT, Inc.), Limited Liability Company Agreement (Griffin-American Healthcare REIT III, Inc.)
REIT Protections. 6.11.1 5.8.1 Notwithstanding anything to the contrary in this Agreement, for so long as any Member is a REIT Member, unless each the REIT Member shall otherwise consent in writing (which consent may be withheld in such REIT Member’s sole and absolute discretion), the Company shall not (and shall not permit any Subsidiary of the Company to):) take any action, or refrain from taking any action that, in the judgment of such REIT Member, in its sole and absolute discretion, could adversely affect the ability such REIT Member (or any Affiliate thereof) to continue to qualify as a REIT under the Code.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Sentio Healthcare Properties Inc), Limited Liability Company Agreement (Sentio Healthcare Properties Inc)
