Common use of Admission of a Transferee as a Member Clause in Contracts

Admission of a Transferee as a Member. A transferee of Units shall be admitted as a Member with respect to the transferred Units if the transferee: (a) complies with this Article 7; and

Admission of a Transferee as a Member. A transferee of Units shall be admitted as a Member with respect to the transferred Units thereto if the transferee: transferee (a) complies with this Article 7; andSection 10.3 and (b) is (i) a Member, (ii) a Related Person with respect to the Transferring Member, or (iii) unanimously approved as a Substitute Member by the non-transferring Members.

Admission of a Transferee as a Member. A transferee of Units shall be admitted as a Member with respect to the transferred Units thereto if the transferee: transferee (a) complies with this Article 7; andSection 9.8 and (b) is (i) a Member, (ii) an Affiliate with respect to the Transferring Member, (iii) a person or entity receiving Units as permitted by Section 9.4(c), or (iv) unanimously approved as a substitute Member by the non-transferring Members.

Admission of a Transferee as a Member. A transferee of Units shall be admitted as a Member with respect to the transferred Units thereto if the transferee: (a) transferee complies with this Article 7; andSection 9.2.

Admission of a Transferee as a Member. A transferee of Units shall be ------------------------------------- admitted as a Member with respect to the transferred Units thereto if the transferee: transferee (a) complies with this Article 7; andSection 9.3 and is a Member or (b) is unanimously approved as a Substitute ----------- Member by the non-transferring Members.