Examples of SubCo Operating Agreement in a sentence
Each of the Brookfield Member and the Oaktree Member shall exercise all rights provided to such Member under this Article VI in a manner consistent with the exercise of rights by such Member (or such Member’s Affiliate, as applicable) in such Member’s (or such Member’s Affiliate’s, as applicable) capacity as a member of SubCo under the corresponding governance provisions of the SubCo Operating Agreement.
The number of Outstanding Class A Units and the number of Outstanding Class B Units shall at all times equal the number of “Outstanding Class A Units” and the number of “Outstanding Class B Units,” in each case as such terms are defined in the SubCo Operating Agreement.
Neither the Brookfield Member nor the Oaktree Member will, or will permit any Affiliate of such Member to, take any action or exercise any right under the SubCo Operating Agreement in a manner that would conflict with such Member’s actions or exercise of rights under this Agreement.