Common use of Notice of Conversion Factor Clause in Contracts

Notice of Conversion Factor. The Company shall notify each Non-Managing Member upon request (i) of the then current Conversion Factor and (ii) of any changes to the Conversion Factor.

Appears in 4 contracts

Sources: Limited Liability Company Agreement (Nexpoint Diversified Real Estate Trust), Operating Agreement (Broadstone Net Lease, Inc.), Operating Agreement (Broadstone Net Lease, Inc.)

Notice of Conversion Factor. The Company shall notify each Non-Managing Member upon request (i) of the then current Conversion Factor and (ii) of any changes to the Conversion Factor.

Appears in 3 contracts

Sources: Limited Liability Company Agreement (Welltower OP LLC), Contribution Agreement (Trizec Properties Inc), Limited Liability Company Agreement (Trizec Properties Inc)