Common use of Valid Interests Clause in Contracts

Valid Interests. The Class B Membership Interests (i) will constitute membership interests in the Company, and (ii) are being sold free and clear of any Liens except for obligations imposed on members of the Company under the Company LLC Agreement.

Valid Interests. The Class B Membership Interests (i) will constitute a membership interests interest in the Company, and (ii) are being sold free and clear of any Liens except for obligations imposed on members of the Company under the Company LLC AgreementAgreement and any other Permitted Lien.