Definition of PGR LLC Agreement


PGR LLC Agreement means the Limited Liability Company Agreement of PGR, dated effective as of February 14, 2005, among the members of PGR. (o)
Sample 1

Examples of PGR LLC Agreement in a sentence

The Company shall transfer and assign its PGR LLC Interests to POC and shall cause POC to redeem all of the PGR LLC Interests in connection with the Direct Assignment in accordance with and subject to the provisions of the PGR LLC Agreement.
As of the Closing Date, after the transfer and assignment of the PGR LLC Interests to POC and the redemption by POC of the PGR LLC Interests in connection with the Direct Assignment, POC will own directly the interest reflected in Exhibit A hereto in each of the PGR Leases and PGR Wells, subject to the provisions of the PGR LLC Agreement.