Common use of Relationship with Substitute Manager Clause in Contracts

Relationship with Substitute Manager. The relationship of the Members to any Person that has either acquired the Membership Interest of DTO Management or has been elected as a successor Manager as provided herein shall be governed by this Agreement. If such Person was not previously a Manager, then such Person, as Substitute Manager, shall have all the rights and powers of its predecessor Manager under this Agreement; provided, such Person assumes in writing the obligations of such Manager under this Agreement and any arising thereafter, and accepts and adopts all the terms and provisions of this Agreement in writing. The withdrawing Manager shall be liable for all of its covenants and obligations under this Agreement for all periods prior to its withdrawal until such liability is assumed by a Substitute Manager.

Relationship with Substitute Manager. The relationship of the Members to any Person that has either acquired the Membership Interest of DTO Management HHBF or has been elected as a successor Manager as provided herein shall be governed by this Agreement. If such Person was not previously a Manager, then such Person, as Substitute Manager, shall have all the rights and powers of its predecessor Manager under this Agreement; provided, such Person assumes in writing the obligations of such Manager under this Agreement and any arising thereafter, and accepts and adopts all the terms and provisions of this Agreement in writing. The withdrawing Manager shall be liable for all of its covenants and obligations under this Agreement for all periods prior to its withdrawal until such liability is assumed by a Substitute Manager.

Relationship with Substitute Manager. The relationship of the Members to any Person that has either acquired the Membership Interest of DTO Management HHBF or has been elected as a successor Manager manager as provided herein shall be governed by this Agreement. If such Person was not previously a Managermanager, then such Person, as Substitute Manager, shall have all the rights and powers of its predecessor Manager manager under this Agreement; provided, such Person assumes in writing the obligations of such Manager manager under this Agreement and any arising thereafter, and accepts and adopts all the terms and provisions of this Agreement in writing. The withdrawing Manager shall be liable for all of its covenants and obligations under this Agreement for all periods prior to its withdrawal until such liability is assumed by a Substitute Manager.