Issuance or Assignment of Units. A person shall be admitted as a Member upon payment for any Units issued to such person pursuant to Section 6.1 in this Agreement effective when such person executes or otherwise evidences an intent to be bound by this Agreement. An assignee of a Member’s Units may be admitted as a Member upon unanimous consent of all Members at such time, but only if such person executes or otherwise evidences an intent to be bound by this Agreement.
Appears in 3 contracts
Samples: Member Control Agreement (Dakota Plains Holdings, Inc.), Member Control Agreement (Dakota Plains Holdings, Inc.), Member Control Agreement (MCT Holding Corp)
Issuance or Assignment of Units. A person Person shall be admitted as a Member upon payment for any Units issued to such person Person pursuant to Section 6.1 in of this Agreement effective when such person Person executes or otherwise evidences an intent to be bound by this Agreement. An assignee of a Member’s Units may be admitted as a Member upon unanimous consent of all Members at such time, but only if such person Person executes or otherwise evidences an intent to be bound by this Agreement.
Appears in 3 contracts
Samples: Member Control Agreement (Dakota Plains Holdings, Inc.), Member Control Agreement (Dakota Plains Holdings, Inc.), Member Control Agreement (MCT Holding Corp)
