Common use of Additional and Substituted Members; Transfers of Membership Interests Clause in Contracts

Additional and Substituted Members; Transfers of Membership Interests. (a) One or more additional members of the Company may be admitted to the Company after the date of this Agreement with the prior written consent of the Manager.

Appears in 4 contracts

Samples: Operating Agreement (HTS-Sunset Harbor Partner, L.L.C.), Operating Agreement (HTS-Sunset Harbor Partner, L.L.C.), Operating Agreement (HTS-Sunset Harbor Partner, L.L.C.)

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Additional and Substituted Members; Transfers of Membership Interests. (a) One or more additional members of the Company may be admitted to the Company after the date of this Agreement with the prior written consent of the ManagerRequired Members.

Appears in 1 contract

Samples: Operating Agreement (HTS-Sunset Harbor Partner, L.L.C.)

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Additional and Substituted Members; Transfers of Membership Interests. (a) One or more additional members of the Company may be admitted to the Company after the date of this Agreement with the prior written consent of the ManagerBoard of Directors.

Appears in 1 contract

Samples: Limited Liability Company Agreement

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