Common use of Conditions for Admissions Clause in Contracts

Conditions for Admissions. No Transferee shall be admitted as a Member without satisfying the following conditions (any one or more of which may be waived by the Managing Member):

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Tribune Co), Limited Liability Company Agreement (Tribune Co)

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Conditions for Admissions. No Transferee shall be admitted as a Member without satisfying the following conditions (any one or more of which may be waived by the Managing MemberMutual Agreement):

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Times Mirror Co /New/), Limited Liability Company Agreement (Times Mirror Co /New/)

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