Approved Sale. If the Manager approves a Sale of the Company (an "Approved Sale"), each Member shall vote for, consent to and raise no objections against such Approved Sale. If the Approved Sale is structured as a (x) merger or consolidation, each Member shall waive any dissenters rights, appraisal rights or similar rights in connection with such merger or consolidation or (y) sale of Units, each Holder shall agree to sell all of his, her or its Units and rights to acquire Units on the terms and conditions approved by the Manager. Each Holder shall take all necessary or desirable actions in connection with the consummation of the Approved Sale as requested by the Manager.
Appears in 6 contracts
Samples: Operating Agreement (Boise Building Solutions Manufacturing Holdings Corp.), Operating Agreement (Boise Building Solutions Manufacturing Holdings Corp.), Operating Agreement (Boise Building Solutions Manufacturing Holdings Corp.)
Approved Sale. If the Manager approves a Sale of the Company (an "βApproved Sale"β), each Member shall vote for, consent to and raise no objections against such Approved Sale. If the Approved Sale is structured as a (x) merger or consolidation, each Member shall waive any dissenters rights, appraisal rights or similar rights in connection with such merger or consolidation or (y) sale of Units, each Holder shall agree to sell all of his, her or its Units and rights to acquire Units on the terms and conditions approved by the Manager. Each Holder shall take all necessary or desirable actions in connection with the consummation of the Approved Sale as requested by the Manager.
Appears in 5 contracts
Samples: Operating Agreement (Stack Rock Capital, L.L.C.), Operating Agreement (Boise White Paper Sales Corp.), Operating Agreement (Boise White Paper Sales Corp.)
