Common use of Persons Not Named Clause in Contracts

Persons Not Named. Unless named in this Agreement, or unless admitted to the Company as a member by consent of the Member, no Person shall be considered a Member. The Company and the Member need deal only with Persons so named or admitted as Members; provided, however, that any distribution by the Company to the Person shown on the Company records as a Member or its legal representative or the assignee of the right to receive Company distributions as herein provided, shall relieve the Company and the Member of all liability to any other Person who may be interested in such distribution by reason of any other assignment by the Member, bankruptcy of the Member or any other reason.

Appears in 28 contracts

Samples: Limited Liability Company Agreement (Fulcrum Bioenergy Inc), Operating Agreement (NRG Retail LLC), Operating Agreement (NRG Retail LLC)

AutoNDA by SimpleDocs

Persons Not Named. Unless named in this Agreement, or unless admitted to the Company as a member by consent of the Member, no Person shall be considered a Member. The Company and the Member need deal only with Persons so named or admitted as Members; provided, however, that any distribution by the Company to the Person shown on the Company records as a Member or its legal representative or the assignee of the right to receive Company distributions as herein provided, shall relieve the Company and the Member of all liability to any other Person who may be interested in such distribution by reason of any other assignment by the Member, bankruptcy of the Member or any other reason.. REMAINDER OF THIS PAGE INTENTIONALLY LEFT BLANK

Appears in 3 contracts

Samples: Operating Agreement (Delta Energy Center, LLC), Operating Agreement (Delta Energy Center, LLC), Operating Agreement (Delta Energy Center, LLC)

Persons Not Named. Unless named in this Agreement, or of unless admitted to the Company as a member by consent Consent of the MemberMembers as provided herein, no Person shall be considered a Member. The Company and the Member Members need deal only with Persons so named or admitted as Members; provided, however, that any distribution by the Company to the Person shown on the Company records as a Member or its legal representative or the assignee of the right to receive Company distributions as herein provided, shall relieve the Company and the Member of all liability to any other Person who may be interested in such distribution by reason of any other assignment by the Member, bankruptcy of the Member or any other reason.

Appears in 1 contract

Samples: Limited Liability Company Operating Agreement (Delta Energy Center, LLC)

Persons Not Named. Unless named in this Agreement, or unless admitted to the Company as a member by consent of the Member, no Person shall be considered a Member. The Company and the Member need deal only with Persons so named or admitted as Members; provided, however, that any distribution by the Company to the Person shown on the Company records as a Member or its legal representative or the assignee of the right to receive Company distributions as herein provided, shall relieve the Company and the Member of all liability to any other Person who may be interested in such distribution by reason of any other assignment by the Member, bankruptcy of the Member or any other reason. [THE REMAINDER OF THIS PAGE INTENTIONALLY LEFT BLANK.]

Appears in 1 contract

Samples: Operating Agreement (Delta Energy Center, LLC)

Persons Not Named. Unless named in this Agreement, or unless admitted to the Company as a member by consent of the Member, no Person shall be considered a Member. The Company and the Member need deal only with Persons so named or admitted as Members; provided, however, that any distribution by the Company to the Person shown on the Company records as a Member or its legal representative or the assignee of the right to receive Company distributions as herein provided, shall relieve receive the Company and the Member of all liability to any other Person who may be interested in such distribution by reason of any other assignment by the Member, bankruptcy of the Member or any other reason.

Appears in 1 contract

Samples: Operating Agreement (Delta Energy Center, LLC)

Persons Not Named. Unless named in this Agreement, or unless admitted to the Company as a member by consent Member pursuant to the terms of the Memberthis Agreement, no Person shall be considered a Member. The Company and the Member Members need deal only with Persons so named or admitted as Members; provided, however, that any distribution by the Company to the Person Persons shown on the Company records Register of Members as a Member or its legal representative or the assignee of the right to receive Company distributions as herein provided, shall relieve the Company and the Member of all liability to any other Person who may be interested in such distribution by reason of any other assignment by the Member, bankruptcy Bankruptcy of the Member or any other reason.

Appears in 1 contract

Samples: Operating Agreement

AutoNDA by SimpleDocs

Persons Not Named. Unless named in this Agreement, or unless admitted to the Company as a member by consent Member pursuant to the terms of the Memberthis Agreement, no Person shall be considered a Member. The Company and the Member Members need deal only with Persons so named or admitted as Members; provided, however, that any distribution by the Company to the Person Persons shown on the Company records Register of Members as a Member or its legal representative or the assignee of the right to receive Company distributions as herein provided, shall relieve the Company and the Member of all liability to any other Person who may be interested in such distribution by reason of any other assignment by the Member, bankruptcy of the Member or any other reason.. [Signature page follows]

Appears in 1 contract

Samples: Limited Liability Company Operating Agreement (Calpine Corp)

Persons Not Named. Unless named in this Agreement, or unless admitted to the Company as a member by consent of the Member, no Person shall be considered a Member. , The Company and the Member need deal only with Persons so named or admitted as Members; provided, however, that any distribution by the Company to the Person shown on the Company records as a Member or its legal representative or the assignee of the right to receive Company distributions as herein provided, shall relieve the Company and the Member of all liability to any other Person who may be interested in such distribution by reason of any other assignment by the Member, bankruptcy of the Member or any other reason.

Appears in 1 contract

Samples: Operating Agreement (Delta Energy Center, LLC)

Persons Not Named. Unless named in this Agreement, or unless admitted to the Company as a member by consent Member pursuant to the terms of the Memberthis Agreement, no Person shall be considered a Member. The Company and the Member Members need deal only with Persons so named or admitted as Members; provided, however, that any distribution by the Company to the Person Persons shown on the Company records Register of Members as a Member or its legal representative or the assignee of the right to receive Company distributions as herein provided, shall relieve the Company and the Member of all liability to any other Person who may be interested in such distribution by reason of any other assignment by the Member, bankruptcy of the Member or any other reason.

Appears in 1 contract

Samples: Limited Liability Company Operating Agreement (Calpine Corp)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!