Common use of Admission of Assignees as Substitute Members Clause in Contracts

Admission of Assignees as Substitute Members. An Assignee of all or any portion of the Interests of a Member shall become a Substitute Member of the Company only if and when all of the following conditions are satisfied:

Appears in 4 contracts

Samples: Limited Liability Company Agreement (JGWPT Holdings Inc.), Limited Liability Company Agreement (JLL JGW Distribution, LLC), Limited Liability Company Agreement (JGWPT Holdings Inc.)

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Admission of Assignees as Substitute Members. An Unless otherwise expressly set forth in this Agreement, an Assignee of all or any portion of the Interests Units of a Member shall become a Substitute Member of the Company only if and when all of the following conditions are satisfied:Company.

Appears in 2 contracts

Samples: Limited Liability (Real Brokerage Inc), Agreement (Real Brokerage Inc)

Admission of Assignees as Substitute Members. An Assignee of all or any portion of the Interests of a Member Member’s Units shall become a Substitute Member of the Company only if and when all of the following conditions are satisfied:

Appears in 1 contract

Samples: Limited Liability Company Agreement (FanSided Inc.)

Admission of Assignees as Substitute Members. An Assignee assignee of all or any portion of the Interests of a Member Member’s Membership Interest shall become a Substitute Member of the Company only if and when all both of the following conditions are satisfied:

Appears in 1 contract

Samples: Limited Liability Company Agreement (Pepsi Bottling Group Inc)

Admission of Assignees as Substitute Members. An -------------------------------------------- Assignee of all or any portion of the Interests of a Member Member's Units shall become a Substitute Member of the Company only if and when all both of the following conditions are satisfied:

Appears in 1 contract

Samples: Limited Liability Company Agreement (Endo Pharma LLC)

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Admission of Assignees as Substitute Members. An Except as otherwise provided in Section 8.3(b), an Assignee of all or any portion of the Interests Units of a Member shall become a Substitute Member of the Company only if and when all each of the following conditions are is satisfied:

Appears in 1 contract

Samples: Limited Liability Company Agreement (BridgeBio Pharma, Inc.)

Admission of Assignees as Substitute Members. An Assignee assignee of all or any portion of the Interests of a Member Member's Membership Interest shall become a Substitute Member of the Company only if and when all both of the following conditions are satisfied:

Appears in 1 contract

Samples: Limited Liability Company Agreement (Bottling Group LLC)

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