Hyper-Majority Vote of Members. Upon the approval of a Hyper-Majority Vote of Members, the Managing Member shall make a Disposition of the Investment and other assets of the Company through an en bloc sale or other orderly disposition to maximize value. For greater certainty, subject to Section 4.5, no Member shall be entitled to, or be restricted from, acquiring the Investment from the Company at such time; provided that any acquisition of all or any part of the Investment by the Managing Member or its Affiliates shall require the Hyper-Majority Vote of Members (other than the Managing Member and its Affiliates, including any Person or account the Interest of which is managed by Brookfield on a discretionary basis).
Appears in 2 contracts
Sources: Limited Liability Company Agreement (Brookfield Retail Holdings LLC), Limited Liability Company Agreement (Brookfield Retail Holdings LLC)