Common use of Acceptance of Prior Acts by New Members Clause in Contracts

Acceptance of Prior Acts by New Members. Each Person becoming a Member, by becoming a Member, ratifies all action duly taken by the Company, pursuant to the terms of this Agreement, prior to the date such person becomes a Member.

Appears in 18 contracts

Samples: Operating Agreement, Operating Agreement, Operating Agreement (Granite Falls Energy, LLC)

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Acceptance of Prior Acts by New Members. Each Person person becoming a Member, by becoming a Member, . ratifies all action duly taken by the Company, pursuant to under the terms of this Agreement, prior to the date such person becomes a Member.

Appears in 1 contract

Samples: Operating Agreement (Level 3 Communications Inc)

Acceptance of Prior Acts by New Members. Each Person becoming who becomes a Member, by becoming a Member, ratifies ratifies, affirms and confirms, and agrees to be bound by, all action actions duly taken by the Company, pursuant to the terms of this Agreement, prior to the date such person Person becomes a Member.

Appears in 1 contract

Samples: Operating Agreement (Valley Telephone Co., LLC)

Acceptance of Prior Acts by New Members. Each Person person becoming a Member, by becoming a Member, ratifies all action duly taken by the Company, pursuant to the terms of this Agreement, prior to the date such such-person becomes a Member.

Appears in 1 contract

Samples: Operating Agreement (Usp Mission Hills, Inc.)

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Acceptance of Prior Acts by New Members. Each Person person becoming a Member, by becoming a Member, ratifies all action duly taken by the Company, pursuant to the terms of this Agreement, prior to the date such person becomes a Member.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Excelsior Lasalle Property Fund Inc)

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