Common use of Additional Members and Membership Interests Clause in Contracts

Additional Members and Membership Interests. Additional persons may be admitted to the Company as Members and membership interests may be created and issued to such persons on such terms and conditions as the Member shall determine and as shall be reflected in an appropriate amendment to this Agreement that is approved by all the Members.

Appears in 13 contracts

Samples: Limited Liability Company Agreement (Global Imaging Systems Inc), Limited Liability Company Agreement (Global Imaging Systems Inc), Limited Liability Company Agreement (Global Imaging Systems Inc)

AutoNDA by SimpleDocs

Additional Members and Membership Interests. Additional persons Persons may be admitted to the Company as Members and membership interests Membership Interests may be created and issued to such persons on such terms and conditions as the Member Members shall determine and as shall be reflected in an appropriate amendment to this Agreement that which is approved by all the Members.

Appears in 7 contracts

Samples: Limited Liability Company Agreement (Noble Midstream Partners LP), Limited Liability Company Agreement (Noble Midstream Partners LP), Limited Liability Company Agreement (Noble Midstream Partners LP)

Additional Members and Membership Interests. Additional persons may be admitted to the Company as Members and membership interests Membership Interests may be created and issued to such persons on such terms and conditions as the Member Managers shall determine and as shall be reflected in an appropriate amendment to this Agreement that which is approved by all the Members.

Appears in 4 contracts

Samples: Operating Agreement (Pacific Custom Materials Inc), Operating Agreement (American Materials Transport, Inc.), Operating Agreement (American Materials Transport, Inc.)

Additional Members and Membership Interests. Additional persons may be admitted to the Company as Members members and membership interests may be created and issued to such persons on such terms and conditions as the Sole Member shall determine and as shall be reflected in an appropriate amendment to this Agreement that is approved by all the Members.

Appears in 2 contracts

Samples: Operating Agreement (MedAssets Ventures, LLC), Operating Agreement (MedAssets Ventures, LLC)

AutoNDA by SimpleDocs

Additional Members and Membership Interests. Additional persons may be admitted to the Company as Members and membership interests Membership Interests may be created and issued to such persons on such terms and conditions as the Member shall determine and as shall be reflected in an appropriate amendment to this Agreement that which is approved by all the MembersMember.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Georesources Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!