Common use of Internal Restructure Clause in Contracts

Internal Restructure. Holdings and each Holdings Member that is a party hereto hereby agree that Section 8.3 of the Holdings LLC Agreement will apply to the transactions set forth in this Agreement so that each Holdings Member will be required to support, vote in favor of, waive all dissenters’ and appraisal rights with respect to and execute and deliver all documents reasonably requested by Holdings to effect the transactions contemplated herein. Pursuant to the Class B Holder Consent, the Majority Class B Holders have also agreed to the matters described in this Section 2.1.

Appears in 3 contracts

Sources: Master Reorganization Agreement (Liberty Oilfield Services Inc.), Master Reorganization Agreement (Liberty Oilfield Services Inc.), Master Reorganization Agreement (Liberty Oilfield Services Inc.)