Common use of REDEMPTIONS AND FORFEITURES Clause in Contracts

REDEMPTIONS AND FORFEITURES. Section 11.1 Company Option to Redeem Class A Units and Vested Class B Units 18 Section 11.2 Forfeiture of Class B ▇▇▇▇▇ ▇▇ ▇▇▇▇▇▇▇ ▇▇.▇ Option of Service Members to Redeem Units 20 Section 11.4 Mandatory Redemption 21 Section 11.5 Redemption Mechanics 21 Section 11.6 Limitation on Distributions 22 Section 11.7 Effect on Status 22 Section 11.8 431 Election for Class A Units 22 ARTICLE XII

Appears in 1 contract

Sources: Limited Liability Company Agreement

REDEMPTIONS AND FORFEITURES. Section 11.1 Company Option to Redeem Class A Units and Vested Class B Units 18 Units. 19 Section 11.2 Forfeiture of Class B ▇▇▇▇▇ ▇▇ ▇▇▇▇▇▇▇ ▇▇.▇ Units. 20 Section 11.3 Option of Service Members to Redeem Units 20 Units. 21 Section 11.4 Mandatory Redemption 21 Redemption. 22 Section 11.5 Redemption Mechanics 21 Mechanics. 22 Section 11.6 Limitation on Distributions 22 Distributions. 23 Section 11.7 Effect on Status 22 Status. 23 Section 11.8 431 Election for Class A Units 22 ARTICLE XIIUnits. 23

Appears in 1 contract

Sources: Limited Liability Company Agreement (Warner Music Group Corp.)

REDEMPTIONS AND FORFEITURES. Section 11.1 Company Option to Redeem Class A Units and Vested Class B Units 18 Units. 19 Section 11.2 Forfeiture of Class B ▇▇▇▇▇ ▇▇ ▇▇▇▇▇▇▇ ▇▇.▇ Units. 20 Section 11.3 Option of Service Members to Redeem Units 20 Units. 21 Section 11.4 Mandatory Redemption 21 Redemption. 22 Section 11.5 Redemption Mechanics 21 Mechanics. 22 Section 11.6 Limitation on Distributions 22 Distributions. 23 Section 11.7 Effect on Status 22 Status. 23 Section 11.8 431 Election for Class A Units 22 ARTICLE XIIUnits. 23

Appears in 1 contract

Sources: Limited Liability Company Agreement (Warner Music Group Corp.)