Required Transfers. In the event any Person is or becomes the owner of Units in the Company and such ownership would result in a violation of any of the provisions of 9.1.4, the Company may cause the Company to repurchase the Units of such Person, or require such Person to Transfer their Units to another Person, and each Member consents to such forced repurchase or Transfer of Units as set forth in this 9.1.5.
Appears in 8 contracts
Sources: Limited Liability Company Agreement (Phillip Street Middle Market Lending Fund LLC), Limited Liability Company Agreement (Phillip Street Middle Market Lending Fund LLC), Limited Liability Company Agreement (Goldman Sachs Private Middle Market Credit II LLC)
Required Transfers. In the event any Person is or becomes the owner of Units in the Company and such ownership would result in a violation of any of the provisions of Section 9.1.4, the Company may cause the Company to repurchase the Units of such Person, or require such Person to Transfer their Units to another Person, and each Member consents to such forced required repurchase or Transfer of Units as set forth in this Section 9.1.5.
Appears in 1 contract
Sources: Limited Liability Company Agreement (Silver Capital Holdings LLC)