Definition of Pool II Holdco Operating Agreement


Pool II Holdco Operating Agreement means that certain Amended and Restated Limited Liability Company Agreement of Pool II Holdco, as amended by (i) that certain First Amendment to Amended and Restated Limited Liability Company Agreement of Pool II Holdco and (ii) the Pool II Holdco Operating Agreement Amendment (as it exists on the Closing Date and without giving effect to any further amendments to the terms thereof made after the Closing Date other than the Pool II Holdco Operating Agreement Amendment), together with that certain letter agreement, dated October 6, 2015, from Pool II Holdco and delivered to and consented to by Preferred Equity Investor, regarding consent to enter into the Loan Documents and the First Amendment to Amended and Restated Limited Liability Company Agreement of Pool II Holdco.(c)Schedule I of the Loan Agreement is hereby amended by adding the following definitions:

Examples of Pool II Holdco Operating Agreement in a sentence

Immediately thereafter, provided that no Event of Default has occurred and is then continuing, Pool II Holdco shall distribute such amount as provided in Section 8.4 of the Pool II Holdco Operating Agreement.
Immediately thereafter, provided that no Event of Default has occurred and is occurring, Pool II Holdco shall distribute such amount as provided in Section 8.4 of the Pool II Holdco Operating Agreement.