Acceptance of Prior Acts. A Transferee of the Membership Interest of a Member who is admitted to the LLP in place and stead of 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 LLP prior to the date it was admitted to the LLP 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 LLP prior to such date and which are in force and effect on such date.
Appears in 3 contracts
Samples: www.sec.gov, Limited Liability Partnership Agreement (Delphi Trade Management, LLC), Limited Liability Partnership Agreement (Delphi Automotive PLC)
Acceptance of Prior Acts. A Transferee of the Membership Interest of a Member who is admitted to the LLP Company in place and stead of a Member accepts, ratifies and agrees to be bound by all actions duly taken pursuant to the terms and provisions of this Agreement and the Call Option by the LLP Company prior to the date it was admitted to the LLP Company and, without limiting, 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 LLP Company prior to such date and which are in force and effect on such date.
Appears in 3 contracts
Samples: Limited Liability Company Operating Agreement, Limited Liability Company Operating Agreement (Gmac LLC), Limited Liability Company Operating Agreement
Acceptance of Prior Acts. A Transferee of the Membership Interest of a Member who is admitted to the LLP Company in place and stead of a Member accepts, ratifies and agrees to be bound by all actions duly taken pursuant to the terms and provisions of this Agreement and the Call Option by the LLP Company prior to the date it was admitted to the LLP Company and, without limiting, 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 LLP Company prior to such date and which are in force and effect on such date.. 72
Appears in 1 contract
Samples: Limited Liability Company Operating Agreement (Gmac LLC)
