Common use of Creation or Substitution of New Members Clause in Contracts

Creation or Substitution of New Members. Any Member may assign in whole or in part its Membership Interest only after granting their fellow Members the right of first refusal, as established in Section III (D) above.

Appears in 3 contracts

Samples: Limited Liability Company Agreement, Limited Liability Company Agreement (Hempacco Co., Inc.), Limited Liability Company Agreement (CERES Coin LLC)

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Creation or Substitution of New Members. Any Member may assign in whole or in part its Membership Interest only after granting their fellow Members the right of first refusal, as established in Section III (DIII(D) above.

Appears in 1 contract

Samples: Limited Liability Company Agreement

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Creation or Substitution of New Members. Any Member may assign in whole or in part its Membership Interest membership interest only after granting their fellow Members the right of first refusal, as established in Section III (D) above.

Appears in 1 contract

Samples: Limited Liability Company Agreement

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