Admission of Additional or Substitute Members. No substitute or additional member shall be admitted to the Company without the written approval of the members, acting in their sole discretion.
Admission of Additional or Substitute Members. (a) One (1) or more additional or substitute limited partners of the Partnership may be admitted to the Partnership only with the consent of the General Partner.
(b) One (1) or more additional or substitute general partners of the Partnership may be admitted to the Partnership only with the consent of the General Partner or, in the event of more than one (1) general partner, only with the consent of a majority of the general partners.
Admission of Additional or Substitute Members. The Company may admit additional or substitute members at the Members’ discretion, the names of which will be inscribed on Schedule I to this Agreement from time to time.
Admission of Additional or Substitute Members. Additional Members may be admitted to the Company at any time with the approval of all of the other Member(s). Substitute Members may be admitted to the Company at any time with the approval of all of the other Member(s).
Admission of Additional or Substitute Members. Additional members may be admitted to the Company at any time with the approval of the Member. Substitute members may be admitted to the Company at any time with the approval of the Member. Upon the admission of any new member into the Company, Schedule A shall be amended to reflect such admission.
Admission of Additional or Substitute Members. No substitute or additional Member shall be admitted to the JV, except as specifically set forth in this Agreement.
Admission of Additional or Substitute Members. The Company may admit substitute or additional Members at the Member's discretion.
Admission of Additional or Substitute Members. No substitute or additional member shall be admitted to the Company without the written approval of GBC, acting in its sole discretion.
Admission of Additional or Substitute Members. 36 Section 14.03. Compliance with this Agreement and Securities Laws 36 Article XV WITHDRAWAL OF MEMBERS 37 Section 15.01. Withdrawal of Member 37 Article XVI TERMINATION EVENTS AND LIQUIDATION 37
Admission of Additional or Substitute Members. The transferee of any Membership Interest shall acquire an economic interest in the rights attributable to a Membership Interest and shall not be admitted as a substitute or additional Member unless either (a) such Transfer shall be permitted under Section 14.01 and (b) such transferee shall acquire all (and not less than all) of the transferring Member’s Membership Interest (in which event such transferee shall be admitted as a substitute Member) or the Other Member or Member Group consents to the admission of such transferee as a substitute or additional Member and, in each case, the transferee shall agree in writing to be bound by the terms of this Agreement and the other Transaction Documents to the same extent as the transferor, except as otherwise agreed in writing by the substitute or additional Member and the Other Member or Member Group. Any Member which has transferred its entire economic interest attributable to its Membership Interest shall cease to be a Member for all purposes hereof whether or not its transferee is admitted as a substitute or additional Member. Each then remaining Member shall amend this Agreement accordingly.
