Amendment to LLC Agreement. Each Exchanging Member acknowledges and agrees that, at the Effective Time, this Agreement shall constitute an amendment of those provisions of the LLC Agreement which are inconsistent with the provisions of this Agreement. Each Exchanging Member consents to and approves such amendment, subject to its effectiveness. The provisions of the LLC Agreement as in effect on the date hereof will continue to apply to all Exchanging Members until the Effective Time.
Appears in 3 contracts
Samples: Exchange Agreement (Labranche & Co Inc), Exchange Agreement (Labranche & Co Inc), Exchange Agreement (Labranche George M L Iv)
Amendment to LLC Agreement. Each Exchanging Member acknowledges and agrees that, at the Effective Time, this Agreement shall constitute an amendment of those provisions of the LLC Agreement which are inconsistent with the provisions of this Agreement. Each Exchanging Member consents to and approves such amendment, subject to its effectiveness. The provisions of the LLC Agreement as in effect on the date hereof will continue to apply to all Exchanging Members until the Effective Time.
Appears in 2 contracts
Samples: Exchange Agreement (Diamond Resorts International, Inc.), Exchange Agreement (Diamond Resorts International, Inc.)
