Common use of Consent of Members Clause in Contracts

Consent of Members. Each Member hereby consents to the substitution of any assignee of a Member’s interest or the admission of any additional person as a Member as approved by the Manager and the vote of the Members which hold all of the Percentage Interests.

Appears in 2 contracts

Samples: Preferred Membership Unit Purchase Agreement (FVA Ventures, Inc.), Preferred Membership Unit Purchase Agreement (FVA Ventures, Inc.)

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Consent of Members. Each Member hereby consents to the substitution of any assignee of a Member’s interest or the admission of any additional person as a Member as approved by the Manager and the vote of the Members which hold all of the Percentage InterestsManagement.

Appears in 2 contracts

Samples: Operating Agreement, Operating Agreement

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