Class D Units. The Class D Units shall be subject to repurchase by the Company in accordance with the provisions set forth on Schedule C hereto. Any Class D Units that have not been issued or that have been repurchased shall not be outstanding for purposes of determining clause (y) of the Outstanding D Units Percentage. Class D Units that are repurchased may be reissued (subject to Section 12.1(a) hereof).
Appears in 1 contract
Sources: Limited Liability Company Agreement (MBW Foods Inc)
Class D Units. The Class D Units shall be subject to repurchase by the Company in accordance with the provisions set forth on Schedule SCHEDULE C hereto. Any Class D Units that have not been issued or that have been repurchased shall not be outstanding for purposes of determining clause (y) of the Outstanding D Units Percentage. Class D Units that are repurchased may be reissued (subject to Section 12.1(a) hereof).
Appears in 1 contract
Sources: Limited Liability Company Agreement (Aurora Foods Inc /Md/)