Membership in Company. Assignor hereby (a) consents to Buyer being admitted as and becoming a member of the Company upon the execution and delivery of this Assignment, and (b) acknowledges and agrees that Assignor hereby ceases (i) to be a member of the Company and (ii) to have the power to exercise any right, power or remedy as a member of the Company.
Appears in 4 contracts
Samples: Limited Liability Company Interest Purchase Agreement (Metavesco, Inc.), Limited Liability Company Interest Purchase Agreement, Purchase Agreement (JUVA LIFE INC./Canada)
Membership in Company. Assignor hereby (a) consents to Buyer Assignee being admitted as and becoming a member of the Company upon the execution and delivery of this Assignment, and (b) acknowledges and agrees that Assignor hereby ceases (i) to be a member of the Company and (ii) to have the power to exercise any right, power or remedy as a member of the Company.
Appears in 1 contract
Samples: Assignment of Membership Interests (Eastside Distilling, Inc.)
Membership in Company. Assignor hereby (a) consents to Buyer being admitted as and becoming a member of the Company upon the execution and delivery of this Assignment, and (b) acknowledges and agrees that Assignor each of the LED Members shall hereby ceases cease (i) to be a member of the Company and (ii) to have the power to exercise any right, power or remedy as a member of the Company.
Appears in 1 contract
Samples: Limited Liability Company Interest Purchase Agreement (Fomo Corp.)
