Common use of Consent of Members Clause in Contracts

Consent of Members. By executing or adopting this Agreement, each Member hereby consents to the admission of additional or Substituted Members, and to any Economic Interest Owner becoming a Substituted Member upon consent of the Manager and in compliance with this Agreement.

Appears in 6 contracts

Samples: Limited Liability Company Agreement (Vivakor, Inc.), Limited Liability Company Agreement (Vivakor, Inc.), Limited Liability Company Agreement (Vivakor, Inc.)

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Consent of Members. By executing or adopting this Agreement, each Member hereby consents to the admission of additional or a Substituted MembersMember, and to any Economic Interest Owner becoming a Substituted Member upon the consent of the Manager and Managers in compliance with this Agreement.

Appears in 5 contracts

Samples: Limited Liability Company Agreement (Cottonwood Multifamily Opportunity Fund, Inc.), Limited Liability Company Agreement (Vivakor, Inc.), Limited Liability Company Agreement (Vivakor, Inc.)

Consent of Members. By executing or adopting this Agreement, each Member hereby consents to the admission of additional or a Substituted MembersMember, and to any Economic Interest Owner becoming a Substituted Member upon the consent of the Manager and Members in compliance with this Agreement.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (Cottonwood Multifamily Reit Ii, Inc.), Joint Venture Agreement (Cottonwood Multifamily Reit Ii, Inc.), Joint Venture Agreement (Cottonwood Multifamily Reit I, Inc.)

Consent of Members. By executing or adopting this Agreement, each Member hereby consents to the admission of additional or Substituted Members, and to any Economic Interest Owner becoming a Substituted Member upon consent of the Manager and in compliance with this Agreement.

Appears in 1 contract

Samples: Operating Agreement (Terra Secured Income Fund 5, LLC)

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Consent of Members. By executing or adopting this Agreement, each Member hereby consents to the admission of additional or Substituted Members, and to any Economic Interest Owner becoming a Substituted Member upon consent of the Manager Board of Managers and in compliance with this Agreement.

Appears in 1 contract

Samples: Limited Liability Company Agreement

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