Admission of Transferee as a Member. A Transfer permitted by the Manager will only transfer the rights of an assignee as set forth in Section 8.6 unless (a) the transferee is a Member or is admitted as a Member and (b) payment to the Fund of a transfer fee in cash which is sufficient, in the Manager's sole determination, to cover all reasonable expenses incurred by the Fund in connection with the Transfer and admission of the transferee as a Member.
Appears in 5 contracts
Samples: Limited Liability Company Agreement, Limited Liability Company Agreement, Limited Liability Company Agreement
Admission of Transferee as a Member. A Transfer permitted by the Manager will only transfer the rights of an assignee as set forth in Section 8.6 unless (a) the transferee is a Member or is admitted as a Member and (b) payment to the Fund of a transfer fee in cash which is sufficient, in the Manager's ’s sole determination, to cover all reasonable expenses incurred by the Fund in connection with the Transfer and admission of the transferee as a Member.
Appears in 5 contracts
Samples: Purchase Agreement, Purchase Agreement, Purchase Agreement
Admission of Transferee as a Member. A Transfer permitted by the Manager Administrator will only transfer the rights of an assignee as set forth in Section 8.6 Article VII.6 unless (a) the transferee is a Member or is admitted as a Member and (b) payment to the Fund of a transfer fee in cash which is sufficient, in the Manager's Administrator’s sole determination, to cover all reasonable expenses incurred by the Fund in connection with the Transfer and admission of the transferee as a Member.
Appears in 5 contracts
Samples: Subscription Agreement, Subscription Agreement, Subscription Agreement
Admission of Transferee as a Member. A Transfer permitted by the Manager will shall only transfer the rights of an assignee as set forth in Section 8.6 unless (a) the transferee is a Member or is admitted as a Member and (b) payment to the Fund Company of a transfer fee in cash which is sufficient, in the Manager's ’s sole determination, to cover all reasonable expenses incurred by the Fund Company in connection with the Transfer and admission of the transferee as a Member.Member.
Appears in 2 contracts
Samples: Limited Liability Company Operating Agreement, Limited Liability Company Operating Agreement
Admission of Transferee as a Member. A Transfer permitted by the Manager will only transfer the rights of an assignee as set forth in Section 8.6 unless (a) the transferee is a Member or is admitted as a Member and (b) payment to the Fund Company of a transfer fee in cash which is sufficient, in the Manager's ’s sole determination, to cover all reasonable expenses incurred by the Fund Company in connection with the Transfer and admission of the transferee as a Member.
Appears in 1 contract
Samples: Company Agreement
Admission of Transferee as a Member. A Transfer permitted by the Manager will shall only transfer the rights of an assignee as set forth in Section 8.6 unless (a) the transferee is a Member or is admitted as a Member and (b) payment to the Fund Company of a transfer fee in cash which is sufficient, in the Manager's ’s sole determination, to cover all reasonable expenses incurred by the Fund Company in connection with the Transfer and admission of the transferee as a Member.
Appears in 1 contract
