Common use of Assignees Treated as Members Clause in Contracts

Assignees Treated as Members. For all purposes of this Article 7, but for no other purpose, an Assignee shall be treated as a Member and each reference in this Article 7 to the Members shall be deemed to include Assignees.

Appears in 6 contracts

Samples: Limited Liability Company Agreement (CNL Healthcare Properties, Inc.), Limited Liability Company Agreement (CNL Healthcare Properties, Inc.), Limited Liability Company Agreement (CNL Healthcare Properties, Inc.)

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Assignees Treated as Members. For all purposes of this Article 7VII, but for no other purpose, an Assignee shall will be treated as a Member and each reference in this Article 7 VII to the Members shall will be deemed to include Assignees.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Summit Healthcare REIT, Inc)

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