Admission of Additional Members. One or more Persons may be admitted as additional Members of the Company with the written consent of the Manager. Upon such consent and the execution of this Agreement, each such Person shall be automatically admitted as a Member of the Company and shall hold the Interest set forth on Exhibit A attached hereto, as amended from time to time.
Appears in 42 contracts
Samples: Limited Liability Company Agreement (Diamond Resorts Parent, LLC), Limited Liability Company Agreement (Diamond Resorts Parent, LLC), Limited Liability Company Agreement (Diamond Resorts Parent, LLC)
Admission of Additional Members. One or more Persons additional members of the Company may be admitted as additional Members of to the Company with the written consent of the ManagerMember. Upon Prior to the admission of any such consent additional member of the Company, the Member shall amend this Agreement to make such changes as the Member shall determine to reflect the fact that the Company shall have more than one member and the execution each additional member shall execute and deliver a counterpart of this Agreement, each such Person shall be automatically admitted as a Member of the Company and shall hold the Interest set forth on Exhibit A attached hereto, as amended from time to timeamended.
Appears in 26 contracts
Samples: Limited Liability Company Operating Agreement (Wendy's Restaurants, LLC), Limited Liability Company Operating Agreement (Wendy's of Denver, Inc.), Limited Liability Company Operating Agreement (Wendy's of Denver, Inc.)
Admission of Additional Members. One or more Persons additional members of the Company may be admitted to the Company with the consent of the Member. Prior to the admission of any such additional member of the Company, this Agreement shall be amended by the Member and the person or persons to be admitted as additional Members of members to make such changes as they shall determine to reflect the fact that the Company with the written consent of the Manager. Upon such consent and the execution of this Agreement, each such Person shall be automatically admitted as a Member of the Company and shall hold the Interest set forth on Exhibit A attached hereto, as amended from time to timehave more than one member.
Appears in 6 contracts
Samples: Limited Liability Company Agreement (Everi Games Inc.), Limited Liability Company Agreement (Incapital Trust Products II LLC), Limited Liability Company Agreement (Anvilire)
Admission of Additional Members. One or more Persons additional members of the Company may be admitted as additional Members of to the Company with the written consent of the ManagerManaging Member. Upon Prior to the admission of any such consent and additional members to the execution of Company, the Managing Member shall amend this Agreement, each such Person shall be automatically admitted as a Member of the Company and shall hold the Interest set forth on Exhibit including Schedule A attached hereto, to make such changes as amended from time the Managing Member shall determine to timereflect the fact that the Company shall have such additional member(s).
Appears in 2 contracts
Samples: Contribution Agreement (Goosehead Insurance, Inc.), Contribution Agreement (Goosehead Insurance, Inc.)
Admission of Additional Members. One or more Additional Persons may be admitted as additional Members of the Company with only upon the unanimous written consent of the Manager. Upon existing Members and subject to this Agreement being amended to reflect the admission of such consent and the execution of this Agreement, each such Person shall be automatically admitted as a Member of the Company and shall hold the Interest set forth on Exhibit A attached hereto, as amended from time to timeadditional Persons.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Envirokare Tech Inc), NGC Corp
Admission of Additional Members. One or more additional members of the Company may be admitted to the Company with the consent of the Member. Prior to the admission of any such additional member of the Company, this Agreement shall be amended by the Member and the Person or Persons may to be admitted as additional Members of members to make such changes as they shall determine to reflect the fact that the Company with the written consent of the Manager. Upon such consent and the execution of this Agreement, each such Person shall be automatically admitted as a Member of the Company and shall hold the Interest set forth on Exhibit A attached hereto, as amended from time to timehave more than one member.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Ipr LLC), Limited Liability Company Agreement (Ipr LLC)
Admission of Additional Members. One or more Persons additional members of the Company may be admitted as additional Members of to the Company with the written consent of the Manager. Upon such consent Managing Member and the execution consent of the Members holding a majority of the outstanding membership interests in the Company, subject to other provisions of this Agreement, each . Prior to the admission of any such Person shall be automatically admitted as a Member additional members of the Company and Company, the Managing Member shall hold amend this Agreement to make such changes as the Interest set forth on Exhibit A attached hereto, as amended from time to timeManaging Member shall deem necessary.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Lightstone Value Plus Real Estate Investment Trust, Inc.)
Admission of Additional Members. One or more Persons additional persons or entities may be admitted as additional Members of to the Company as members with the prior written consent of the Manager. Upon such consent admission, the Member (and such new member(s)) shall agree to and make appropriate changes to this Agreement in writing, including changes to reflect the execution of this Agreement, each such Person shall be automatically admitted as a Member status of the Company and shall hold the Interest set forth on Exhibit A attached hereto, as amended from time to timea partnership for applicable income tax purposes.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Everi Games Inc.)
Admission of Additional Members. One or more Persons may be admitted as additional Members of Subject to the Company with the prior written consent of the Manager. Upon such consent and Member, the execution of this Agreement, each such Person shall be automatically admitted as a Member Managers may admit one or more additional members of the Company. On or before the admission of any such additional member of the Company, the Member shall amend this Agreement to make such changes as the Member shall determine to reflect the fact that the Company and shall hold the Interest set forth on Exhibit A attached hereto, as amended from time to timehave more than one member. 15.
Appears in 1 contract
Samples: Opera Ting Agreement (Rowan N-Class (Gibraltar) LTD)