Common use of Acceptance of Prior Acts Clause in Contracts

Acceptance of Prior Acts. Any person who becomes a Member, by becoming a Member, accepts, ratifies and agrees to be bound by all actions duly taken pursuant to the terms and provisions of this Agreement by the Company or any of its members prior to the date such Person became a Member and, without limiting the generality of the foregoing, specifically ratifies and approves all agreements and other instruments as may have been executed and delivered on behalf of the Company prior to said date and which are in force and effect on said date.

Appears in 9 contracts

Samples: Limited Liability Company Agreement (Hospitality Investors Trust, Inc.), Limited Liability Company Agreement (American Realty Capital Hospitality Trust, Inc.), Limited Liability Company Agreement (American Realty Capital Hospitality Trust, Inc.)

AutoNDA by SimpleDocs

Acceptance of Prior Acts. Any person Person who becomes a Member, by becoming a Member, accepts, ratifies and agrees to be bound by all actions duly taken pursuant to the terms and provisions of this Agreement by the Company or any of its members prior to the date such Person it became a Member and, without limiting the generality of the foregoing, specifically ratifies and approves all agreements and other instruments as may have been executed and delivered on behalf of the Company prior to said date and which are in force and effect on said date.

Appears in 8 contracts

Samples: Limited Liability Company Agreement (Seaport Entertainment Group Inc.), Limited Liability Company Agreement (Summit Healthcare REIT, Inc), Limited Liability Company Agreement (CNL Healthcare Properties, Inc.)

Acceptance of Prior Acts. Any person who becomes a Member, by becoming a Member, accepts, ratifies and agrees to be bound by all actions duly taken pursuant to the terms and provisions of this Agreement by the Company or any of its members prior to the date such Person it became a Member and, without limiting the generality of the foregoing, specifically ratifies and approves all agreements and other instruments as may have been executed and delivered on behalf of the Company prior to said date and which are in force and effect on said date.

Appears in 4 contracts

Samples: Limited Liability Company Agreement (Hilltop Holdings Inc.), Limited Liability Company Agreement (Maui Land & Pineapple Co Inc), Limited Liability Company Operating Agreement (Whwel Real Estate Lp)

Acceptance of Prior Acts. Any person Person who becomes a Member, by becoming a Member, accepts, ratifies and agrees to be bound by all actions duly taken by the transferor, any other Member, the Company or any other Person on behalf of any of the foregoing pursuant to the terms and provisions of this Agreement by the Company or any of its members prior to the date such Person it became a Member and, without limiting the generality of the foregoing, specifically ratifies and approves all agreements and other instruments as may have been executed and delivered on behalf of the Company prior to said date and which are in force and effect on said date.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (Plymouth Industrial REIT Inc.), Limited Liability Company Agreement (Patriot Transportation Holding Inc), Limited Liability Company Agreement (Patriot Transportation Holding Inc)

Acceptance of Prior Acts. Any person Person who becomes a Member, by becoming a Substituted Member, accepts, ratifies and agrees to be bound by all actions duly taken pursuant to the terms and provisions of this Agreement by the Company or any of its members prior to the date such Person became a Member and, without limiting the generality of the foregoing, specifically ratifies and approves all agreements and other instruments as may have been executed and delivered on behalf of the Company prior to said date and which are in force and effect on said dateMember.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (New York REIT, Inc.), Membership Interest Purchase Agreement (New York REIT, Inc.)

Acceptance of Prior Acts. Any person Person who becomes a Member, by becoming a an Additional Member, accepts, ratifies and agrees to be bound by all actions duly taken pursuant to the terms and provisions of this Agreement by the Operating Company or any of its members prior to the date such Person it became a an Additional Member and, without limiting the generality of the foregoing, specifically ratifies and approves all agreements and other instruments as may have been executed and delivered on behalf of the Operating Company prior to said date and which are in force and effect on said date.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Earthlink Inc), Limited Liability Company Agreement (Earthlink Inc)

Acceptance of Prior Acts. Any person Person who becomes is admitted as a Member, by becoming being admitted as a Member, accepts, ratifies and agrees to be bound by all actions duly taken pursuant to the terms and provisions of this Agreement by the Company or any of its members prior to the date such Person became it was admitted as a Member and, without limiting the generality of the foregoing, specifically ratifies and approves all agreements and other instruments as may have been executed and delivered on behalf of the Company prior to said date and which are in force and effect on said date.

Appears in 2 contracts

Samples: Limited Liability Company Agreement, Limited Liability Company Agreement (Loop Industries, Inc.)

Acceptance of Prior Acts. Any person who becomes a Member, by becoming a Member, accepts, ratifies and agrees to be bound by all actions duly taken pursuant to the terms and provisions of this Agreement by the Company or any of its members prior to the date such Person it became a Member and, without limiting the generality gener- ality of the foregoing, specifically ratifies and approves all agreements and other instruments as may have been executed and delivered on behalf of the Company prior to said date and which are in force and effect on said date.

Appears in 1 contract

Samples: Limited Liability Company Operating Agreement (Wellsford Real Properties Inc)

Acceptance of Prior Acts. Any person who becomes a Member, by becoming a Member, accepts, ratifies and agrees to be bound by all actions duly taken pursuant to the terms and provisions of this Agreement by the Company or any of its members prior to the date such Person it became a Member and, without limiting the generality of the foregoing, specifically ratifies and approves all agreements and other instruments as may have been executed and delivered on behalf of the Company prior to said date and which are were in force and effect on said dateprior to the date it became a Member.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Commscope Inc)

AutoNDA by SimpleDocs

Acceptance of Prior Acts. Any person who becomes a Member, by becoming a Member, Member accepts, ratifies and agrees to be bound by all actions duly taken pursuant to the terms and provisions of this Agreement by the Company or any of its members prior to the date such Person it became a Member and, without limiting the generality of the foregoing, specifically ratifies and approves all agreements and other instruments as may have been executed and delivered on behalf of the Company prior to said date and which are in force and effect on said date.

Appears in 1 contract

Samples: Limited Liability Company Agreement (New Home Co LLC)

Acceptance of Prior Acts. Any person who becomes a Member, by becoming a Member, accepts, ratifies and agrees to be bound by all actions duly taken pursuant to the terms and provisions of this Agreement by the Company or any of its members Members prior to the date such Person became a Member and, without limiting the generality of the foregoing, specifically ratifies and approves all agreements and other instruments as may have been executed and delivered on behalf of the Company prior to said date and which are in force and effect on said date.

Appears in 1 contract

Samples: Company Agreement (Mack Cali Realty L P)

Acceptance of Prior Acts. Any person Person who becomes an Additional Member or a Member, by becoming a New Member, accepts, ratifies and agrees to be bound by all actions duly taken pursuant to the terms and provisions of this Agreement by the Operating Company or any of its members prior to the date such Person it became an Additional Member or a New Member and, without limiting the generality of the foregoing, specifically ratifies and approves all agreements and other instruments as may have been executed and delivered on behalf of the Operating Company prior to said date and which are in force and effect on said date.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Earthlink Inc)

Acceptance of Prior Acts. Any person who becomes a Member, by becoming a Member, accepts, Member ratifies and agrees to be bound by all actions duly taken by the Company pursuant to the terms and provisions of this Agreement by the Company or any of its members prior to the date such Person it became a Member and, without limiting the generality of the foregoing, specifically ratifies and approves all agreements and other instruments as may have been duly executed and delivered on behalf of the Company prior to said date and which are in full force and effect on said date.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Archipelago Holdings L L C)

Acceptance of Prior Acts. Any person who becomes a MemberPerson, by becoming a Member, accepts, ratifies and agrees to be is bound by all actions duly taken pursuant to the terms and provisions of this Agreement by the Company or any of its members prior to the date such Person it became a Member and, without limiting the generality of the foregoing, specifically ratifies and approves all agreements and other instruments as may have been executed and delivered on behalf of the Company prior to said date and which are in force and effect on said that date.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Hyatt Hotels Corp)

Time is Money Join Law Insider Premium to draft better contracts faster.