Common use of Preconditions to Admission Clause in Contracts

Preconditions to Admission. In no event shall a member be admitted as a Member of the Company, unless and until: (a) Such Person agrees to execute this Agreement, as then amended, and such other instruments as may be required by the Act or which Member deems necessary or appropriate to confirm and record such Person’s undertaking to be bound by the terms of this Agreement; and (b) Such Person agrees to pay all the reasonable expenses, including attorney’s fees, incurred by the Company in connection with the transfer, if any, and the admission of such Person as a Member.

Preconditions to Admission. In no event shall a member be admitted as a Member of the Company, unless and until: (a) Such Person such person agrees to execute this Agreement, as then amended, and such other instruments as may be required by the Act or which Member deems necessary or appropriate to confirm and record such Personperson’s undertaking to be bound by the terms of this Agreement; and (b) Such Person such person agrees to pay all the reasonable expenses, including attorney’s fees, incurred by the Company in connection with the transfer, if any, and the admission of such Person person as a Member.

Preconditions to Admission. In no event shall a member be admitted Member consent to the admission of any person as a Member of the Company, unless and until: (a) a. Such Person person agrees to execute this Agreement, as then amended, and such other instruments as may be required by the Act or which Member deems a majority in interest of the Voting Members deem necessary or appropriate to confirm and record such Person’s person's undertaking to be bound by the terms of this Agreement; and (b) b. Such Person person agrees to pay all the reasonable expenses, including attorney’s 's fees, incurred by the Company in connection with the transfer, if any, and the admission of such Person person as a Member.

Preconditions to Admission. In no event shall a member be admitted Member consent to the admission of any person as a Member of the Company, unless and until: (a) a. Such Person person agrees to execute this Agreement, as then amended, and such other instruments as may be required by the Act or which Member deems necessary or appropriate to confirm and record such Person’s person's undertaking to be bound by the terms of this Agreement; and (b) b. Such Person person agrees to pay all the reasonable expenses, including attorney’s 's fees, incurred by the Company in connection with the transfer, if any, and the admission of such Person person as a Member.