No Other Persons Deemed Members. Unless admitted to the Company as a Member as provided in this Agreement, no Person shall be, or shall be considered, a Member. In respect of matters pertaining to Members, the Company shall deal only with Persons so admitted as Members (including their duly authorized representatives). Notwithstanding any notification to the contrary, any distribution by the Company to the Person shown on the Company’s records as a Member or to its legal representatives shall relieve the Company of all liability to any other Person who may be interested in such distribution by reason of any other Transfer by the Member, or for any other reason.
Appears in 4 contracts
Samples: Limited Liability Company Agreement (Nikola Corp), Subscription Agreement (Celadon Group Inc), Limited Liability Company Agreement (Celadon Group Inc)
No Other Persons Deemed Members. Unless admitted to the Company as a Member as provided in this Agreement, no Person shall be, or shall be considered, a Member. In respect of matters pertaining The Company may elect to Members, the Company shall deal only with Persons so admitted as Members (including their duly authorized representatives). Notwithstanding any notification to the contrary, any Any distribution by the Company to the Person shown on the Company’s records as a Member or to its legal representatives shall relieve the Company of all liability to any other Person who may be interested have an interest in such distribution by reason of any other Transfer Disposition by the Member, Member or for any other reason.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Ashford Inc.), Limited Liability Company Agreement (Genesis Energy Lp)
No Other Persons Deemed Members. Unless admitted to the Company as a Member as provided in this Agreement, no Person shall be, or shall be considered, a Member. In respect of matters pertaining The Company may elect to Members, the Company shall deal only with Persons so admitted as Members (including their duly authorized representatives). Notwithstanding any notification to the contrary, any Any distribution by the Company to the Person shown on the Company’s records as a Member or to its legal representatives representatives, shall relieve the Company of all liability liabilities to any other Person who may be interested in such distribution by reason of any other Transfer by the Member, or for any other reason.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Green Tree SerVertis Acquisition LLC)
No Other Persons Deemed Members. Unless Other than the Members as of the Effective Date and any Person admitted to the Company as an Additional Member or a Substitute Member as provided in this Agreement, no Person shall be, or shall be considered, a Member. In respect of matters pertaining The Company may elect to Members, the Company shall deal only with Persons so admitted to the Company as Members as provided in this Agreement (including their duly authorized representatives). Notwithstanding any notification to the contrary, any Any distribution by the Company to the Person shown on the Company’s records Member Schedule as a Member Member, or to its legal representatives representatives, shall relieve the Company of all liability Liability to any other Person who may be interested have an interest in such distribution by reason of any other Transfer by the Member, Member or for any other reason.
Appears in 1 contract
No Other Persons Deemed Members. Unless admitted to the Company as a Member as provided in this Agreement, no Person shall be, or shall be considered, a Member. In respect of matters pertaining to Members, the Company shall deal only with Persons so admitted as Members (including their duly authorized representatives). Notwithstanding any notification to the contrary, any distribution by the Company to the Person shown on the Company’s records as a Member or to its legal representatives shall relieve the Company of all liability to any other Person who may be interested in such distribution by reason of any other Transfer by the Member, or for any other reason.. SECTION
Appears in 1 contract
Samples: Subscription Agreement