MFN. Prior to the first (1st) anniversary of the Restatement Date, in the event that the Company grants rights to any Member (including any Person who becomes a Member after the date hereof and prior to the first (1st) anniversary of the Restatement Date) relating to its ownership of Common Units that are more favorable in the aggregate than the rights of the ▇▇▇▇▇▇▇▇ Member, the January Capital Member or the ▇▇▇▇ ▇▇▇▇▇ Member set forth in this Agreement (excluding the rights of the Restatement Date Members set forth herein), then the Company shall promptly provide the ▇▇▇▇▇▇▇▇ Member, the January Capital Member and the ▇▇▇▇ ▇▇▇▇▇ Member with a written description of the rights so granted, and the rights of the ▇▇▇▇▇▇▇▇ Member, the January Capital Member and the ▇▇▇▇ ▇▇▇▇▇ Member shall be deemed to have been amended to include such terms unless the ▇▇▇▇▇▇▇▇ Member, the January Capital Member or the ▇▇▇▇ ▇▇▇▇▇ Member, as applicable, elects not to accept such amended rights.
Appears in 3 contracts
Sources: Limited Liability Company Agreement (Endeavor Group Holdings, Inc.), Limited Liability Company Agreement (Endeavor Group Holdings, Inc.), Limited Liability Company Agreement (Endeavor Group Holdings, Inc.)