Share Redemption. Subject to the terms of any Preferred Shares, the Company shall be entitled at its discretion to purchase for cancellation any Shares held by a Member provided such purchase does not violate Section 18-607 of the Act or other applicable law.
Appears in 2 contracts
Sources: Limited Liability Company Agreement (Brookfield Finance I (UK) PLC), Limited Liability Company Agreement (Brookfield Finance II Inc.)