Common use of No Member Rights Clause in Contracts

No Member Rights. No Member has the right or power to confer upon any Transferee the attributes of a Member in the Company. The Transferee of all or any part of an Ownership Interest by operation of law does not, by virtue of such Transfer, succeed to any rights as a Member in the Company.

Appears in 7 contracts

Samples: Operating Agreement (Nevada Gold & Casinos Inc), Management Agreement (Casino America Inc), Management Agreement (Nevada Gold & Casinos Inc)

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No Member Rights. No Except as otherwise provided in this Agreement, no ---------------- Member has the right or power to confer upon any Transferee the attributes of a Member in the Company. The Transferee of all or any part of an Ownership Interest by operation of law does not, by virtue of such Transfer, succeed to any rights as a Member in the Company.

Appears in 5 contracts

Samples: Operating Agreement (FLN Finance Inc), Operating Agreement (FLN Finance Inc), Operating Agreement (FLN Finance Inc)

No Member Rights. No Member has the right or power to confer upon any Transferee (other than a Permitted Transferee described in Sections 14.3(a) through 14.3(h)) the attributes of a Member in the Company. The Transferee of all or any part of an Ownership Interest a Unit by operation of law (except as contemplated by Section 14.3) does not, by virtue of such Transfer, succeed to any rights as a Member in the CompanyCompany except for the limited rights set forth in Section 14.6(b).

Appears in 2 contracts

Samples: Operating Agreement (Trackpower Inc), Operating Agreement (Nevada Gold & Casinos Inc)

No Member Rights. No Except as otherwise provided in this Agreement, no Member has the right or power to confer upon any Transferee the attributes of a Member in the Company. The Transferee of all or any part of an Ownership Interest by operation of law does not, by virtue of such Transfer, succeed to any rights as a Member in the Company.

Appears in 2 contracts

Samples: Operating Agreement (Tci Satellite Entertainment Inc), Operating Agreement (Tci Satellite Entertainment Inc)

No Member Rights. No Subject to Section 14.6, no Member has the right or power to confer upon any Transferee the attributes of a Member in the Company. The Transferee of all or any part of an Ownership Interest by operation of law does not, by virtue of such Transfer, succeed to any rights as a Member in the Company.

Appears in 2 contracts

Samples: Operating Agreement (Alaska Communications Systems Group Inc), Asset Purchase and Contribution Agreement (Gci Inc)

No Member Rights. No Except as provided in Section 11.9, no Member has the right or power to confer upon any Transferee the attributes of a Member in the Company. The Except as provided in Section 11.9, the Transferee of all or any part of an Ownership Interest by operation of law does not, by virtue of such Transfer, succeed to any rights as a Member in the Company.

Appears in 2 contracts

Samples: Operating Agreement (Tele Communications Inc /Co/), Operating Agreement (Media One Group Inc)

No Member Rights. No Except as provided in Section 11.8, no Member has the right or power to confer upon any Transferee the attributes of a Member in the Company. The Except as provided in Section 11.8, the Transferee of all or any part of an Ownership Interest by operation of law does not, by virtue of such Transfer, succeed to any rights as a Member in the Company.

Appears in 2 contracts

Samples: Operating Agreement (Microsoft Corp), Operating Agreement (Microsoft Corp)

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No Member Rights. No Member has the right or power to confer upon any Transferee (other than a Permitted Transferee) the attributes of a Member in the Company. The Transferee of all or any part of an Ownership a Membership Interest by operation of law (except as contemplated by Section 14.3) does not, by virtue of such Transfer, succeed to any rights as a Member in the Company.

Appears in 2 contracts

Samples: Operating Agreement (Nevada Gold & Casinos Inc), Operating Agreement (Trackpower Inc)

No Member Rights. No Member has the right or power to confer upon any Transferee, other than a Permitted Transferee of an Ownership Interest (subject to 13.4), the attributes of a Member in the Company. The No Transferee of all or any part of an Ownership Interest (including any Transferee in a Transfer which occurs by operation of law does notto a Person who is not a Permitted Transferee), will succeed, by virtue of such Transfer, succeed to any rights as a Member in the Company.

Appears in 1 contract

Samples: Operating Agreement (Booth Creek Ski Holdings Inc)

No Member Rights. No Member has the right or power to confer upon any ---------------- Transferee the attributes of a Member in the Company. The Transferee of all or any part of an Ownership Interest by operation of law does not, by virtue of such Transfer, succeed to any rights as a Member in the Company.

Appears in 1 contract

Samples: Operating Agreement (Isle of Capri Black Hawk Capital Corp)

No Member Rights. No Member has the right or power to confer upon any Transferee the attributes of a Member in the Company. The Transferee of all or any part of an Ownership a Membership Interest by operation of law does not, by virtue of such Transfer, succeed to any rights as a Member in the Company.

Appears in 1 contract

Samples: Operating Agreement (Casino America Inc)

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