Common use of Elimination or Modification of Restrictions Clause in Contracts

Elimination or Modification of Restrictions. Notwithstanding any of the foregoing provisions of this Article X, the Board of Directors may amend this Agreement without the consent of any Person to eliminate or modify any restriction on substitution of Members or assignment of Shares at such time as the restriction is no longer necessary or advisable.

Appears in 13 contracts

Sources: Limited Liability Company Agreement (KKR Private Equity Conglomerate LLC), Limited Liability Company Agreement (KKR Private Equity Conglomerate LLC), Limited Liability Company Agreement (KKR Private Equity Conglomerate LLC)

Elimination or Modification of Restrictions. Notwithstanding any of the foregoing provisions of this Article X, the Board of Directors may shall amend this Agreement without the consent of any Person to eliminate or modify any restriction on substitution of Members or assignment of Shares at such time as the restriction is no longer necessary or advisable.

Appears in 7 contracts

Sources: Limited Liability Company Operating Agreement (CNL Strategic Capital, LLC), Limited Liability Company Operating Agreement (CNL Strategic Capital, LLC), Limited Liability Company Operating Agreement (CNL Strategic Capital, LLC)

Elimination or Modification of Restrictions. Notwithstanding any of the foregoing provisions of this Article X, the Board of Directors may amend this Agreement without the consent of any Person to eliminate or modify any restriction on substitution of Members or assignment Assignment of Shares at such time as the Board of Directors determines that such restriction is no longer necessary or advisable.

Appears in 7 contracts

Sources: Limited Liability Company Agreement (EQT Private Equity Co LLC), Limited Liability Company Agreement (EQT Private Equity Co LLC), Limited Liability Company Agreement (EQT Infrastructure Co LLC)

Elimination or Modification of Restrictions. Notwithstanding any of the foregoing provisions of this Article X, the Board of Directors may amend this Agreement without the consent of any Person to eliminate or modify any restriction on substitution of Members or Shareholders or the assignment of Shares at such time as the restriction is no longer necessary or advisable.

Appears in 4 contracts

Sources: Limited Liability Company Agreement (Apollo Asset Backed Credit Co LLC), Limited Liability Company Agreement (Apollo Asset Backed Credit Co LLC), Limited Liability Company Agreement (Apollo Asset Backed Credit Co LLC)

Elimination or Modification of Restrictions. Notwithstanding any of the foregoing provisions of this Article X, the Series Board of Directors may amend this Agreement without the consent of any Person to eliminate or modify any restriction on substitution of Members or assignment of Shares at such time as the restriction is no longer necessary or advisable.

Appears in 4 contracts

Sources: Limited Liability Company Agreement (ISQ Open Infrastructure Co LLC), Limited Liability Company Agreement (ISQ Open Infrastructure Co LLC), Limited Liability Company Agreement (ISQ Open Infrastructure Co LLC)

Elimination or Modification of Restrictions. Notwithstanding any of the foregoing provisions of this Article X, the Board of Directors may amend this Agreement without the consent of any Person to eliminate or modify any restriction on substitution of Members or the assignment of Shares at such time as the restriction is no longer necessary or advisable.

Appears in 1 contract

Sources: Limited Liability Company Agreement (PIMCO Asset-Based Lending Co LLC)