Admission of Additional Shareholders Sample Clauses

Admission of Additional Shareholders. 1.1. Notwithstanding anything contained in this Agreement to the contrary, this Agreement shall not be amended to include any additional shareholders without the prior written consent of AAMC at its sole discretion. The Company may not grant rights to any shareholder that are substantially similar to the rights granted to the Shareholders under this Agreement.
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Admission of Additional Shareholders. One (1) or more holders of Common Shares may be admitted to the Company as “Shareholders” with the written consent of the Managing Shareholder.
Admission of Additional Shareholders. (a) A Person (other than an existing Shareholder) who makes a Capital Contribution to the Company in exchange for Shares and in accordance with this Agreement shall be admitted to the Company as an Additional Shareholder only in compliance with Section 4.2 and upon furnishing to the Board (i) evidence of acceptance, in form and substance satisfactory to the Board, of all of the terms and conditions of this Agreement, (ii) a counterpart signature page to this Agreement executed by such Person and (iii) such other documents or instruments as may be required in the sole and absolute discretion of the Board in order to effect such Person’s admission as an Additional Shareholder. Concurrently with, and as evidence of, the admission of an Additional Shareholder, the Board shall amend Exhibit A and the books and records of the Company to reflect the name, address and number of Shares of such Additional Shareholder.
Admission of Additional Shareholders. Additional Shareholders may be admitted as Shareholders from time to time by approval of the majority of the Board ("Additional Shareholders"). Any Additional Shareholder that is (i) admitted as a Shareholder as a result of a permitted transfer described in Section 9.1 where the transferee was not a Shareholder immediately before the transfer, or (ii) makes a capital contribution in exchange for one or more Shares and was not, immediately before such capital contribution, a Shareholder, must execute one or (if requested by the Company) more counterparts of this Agreement. The admission of an Additional Shareholder pursuant to this Section 9.2 shall be effective as of the date such Additional Shareholder executes a counterpart signature page to this Agreement. In the event that a Shareholder transfers all of Shares pursuant to Section 9., the admission of the transferee as a Shareholder shall be deemed to occur immediately prior such transfer, and immediately following such admission, the transferor Shareholder shall cease to be a member of the Company.
Admission of Additional Shareholders. A Person may at any ------------------------------------ time be admitted as a Shareholder with the approval of the President, and the number and Series of Shares to be to be issued to such Shareholder, Capital Contribution required of any such Shareholder as a condition of admission, any other conditions required to be satisfied prior to the admission of such Person as a Shareholder, shall be as determined by the President. Upon the admission of any additional Shareholder as provided herein, the Share Ledger shall be amended in all appropriate respects to reflect such admission.
Admission of Additional Shareholders. Subject to the terms of this Agreement, any Person acceptable to the Board may become an Additional Shareholder of the Company by the purchase of new Shares for such consideration as the Board shall determine in accordance with the terms of this Agreement. Each Additional Shareholder shall: (i) agree to be bound by the provisions of this Agreement; (ii) execute and deliver such documents as the Board deem appropriate in connection therewith; and (iii) contribute to the Company the agreed upon Capital Contribution in exchange for the Shares purchased by such Additional Shareholder.
Admission of Additional Shareholders. The Manager may permit the admission of Additional Shareholders and determine the Capital Contributions of such Shareholders. No Person shall be admitted as an Additional Shareholder without executing and delivering to the Company an Admission Agreement or such other form of agreement as is satisfactory to the Manager.
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Admission of Additional Shareholders. A Person shall become an Additional Shareholder pursuant to the terms of this Agreement only if and when each of the following conditions is satisfied:
Admission of Additional Shareholders. One or more Additional Shareholders of the Company may be admitted to the Company with the written consent of the Shareholder and upon such terms and conditions as the Shareholder may specify.
Admission of Additional Shareholders 
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