Common use of Capital Account; Percentage Interest Clause in Contracts

Capital Account; Percentage Interest. Any Transferee of a Member under this Article 9 shall, subject to the last sentence of Section 9.1, succeed to the portion of the Capital Account and Percentage Interest so Transferred to such Transferee.

Appears in 5 contracts

Samples: Limited Liability Company Agreement (Red Rock Resorts, Inc.), Limited Liability Company Agreement (Red Rock Resorts, Inc.), Limited Liability Company Agreement (Woodside Homes, Inc.)

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Capital Account; Percentage Interest. Any Transferee of a Member under this Article 9 10 shall, subject to the last sentence of Section 9.110.1, succeed to the portion of the Capital Account and Percentage Interest so Transferred to such Transferee.

Appears in 5 contracts

Samples: Limited Liability Company Agreement (Hamilton Lane INC), Limited Liability Company Agreement (Hamilton Lane INC), Limited Liability Company Agreement (Hamilton Lane INC)

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Capital Account; Percentage Interest. Any Transferee of a Member in a direct Transfer under this Article 9 10 shall, subject to the last sentence of Section 9.110.1, succeed to the portion of the Capital Account and Units (and resulting Percentage Interest Interest) so Transferred to such Transferee.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Applied Blockchain, Inc.)

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