Agreement Binding Upon Successors and Assigns. This Agreement shall be binding upon and inure to the benefit of the parties hereto and each Member of the Company and their respective heirs, successors, assigns, executors, trustees or other legal representatives, but the rights and obligations of the parties hereunder may not be Transferred or delegated except as provided in this Agreement and any attempted Transfer or delegation thereof that is not made pursuant to the terms of this Agreement shall be void and the value of such Member's Units will be determined according to Section 4.1.
Appears in 7 contracts
Samples: Limited Liability Company Agreement (BlackRock Preferred Partners LLC), Limited Liability Company Agreement (BlackRock Alternatives Allocation FB TEI Portfolio LLC), Limited Liability Company Agreement (BlackRock Alternatives Allocation Master Portfolio LLC)
Agreement Binding Upon Successors and Assigns. This Agreement shall be binding upon and inure to the benefit of the parties hereto and each Member of the Company and their respective heirs, successors, assigns, executors, trustees or other legal representatives, but the rights and obligations of the parties hereunder may not be Transferred or delegated except as provided in this Agreement and any attempted Transfer or delegation thereof that is not made pursuant to the terms of this Agreement shall be void and the value of such Member's Units Interests will be determined according to Section 4.1.
Appears in 5 contracts
Samples: Limited Liability Company Agreement (BlackRock Core Alternatives Portfolio LLC), Limited Liability Company Agreement (BlackRock Core Alternatives FB Portfolio LLC), Limited Liability Company Agreement (BlackRock Core Alternatives FB TEI Portfolio LLC)
