Valuation Binding. Any valuation of a Security made or approved by the Company [or JHYT] in accordance with this Agreement shall be binding and conclusive upon all of the Members and upon all those Persons who hold a beneficial interest in a Member, absent manifest error.
Appears in 1 contract
Sources: Master Agreement for the Formation of a Limited Liability Company (Jefferies Group Inc /De/)
Valuation Binding. Any valuation of a Security made or approved by the Company [or JHYT] JHYT in accordance with this Agreement shall be binding and conclusive upon all of the Members and upon all those Persons who hold a beneficial interest in a Member, absent manifest error.
Appears in 1 contract
Sources: Limited Liability Company Agreement (Leucadia National Corp)