Common use of Requirements Applicable to All Dispositions and Admissions Clause in Contracts

Requirements Applicable to All Dispositions and Admissions. In addition to the requirements set forth in Sections 3.03(b)(i) and 3.03(b)(ii), any Disposition of a Membership Interest and any admission of an Assignee as a Member shall also be subject to the following requirements, and such Disposition (and admission, if applicable) shall not be effective unless such requirements are complied with; provided, however, that the Management Committee, in its sole and absolute discretion, may waive any of the following requirements:

Appears in 21 contracts

Samples: Limited Liability Company Agreement (Onsite Energy, Inc.), Limited Liability Company Agreement (Somerset Power LLC), Limited Liability Company Agreement (Louisiana Generating LLC)

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Requirements Applicable to All Dispositions and Admissions. In addition to the requirements set forth in Sections 3.03(b)(i) and 3.03(b)(ii), any Disposition of a Membership Interest and any admission of an Assignee as a Member shall also be subject to the following requirements, and such Disposition (and admission, if applicable) shall not be effective unless such requirements are complied with; provided, however, that the Management Executive Committee, in its sole and absolute discretion, may waive any of the following requirements:

Appears in 4 contracts

Samples: Limited Liability Company Agreement (NRG Retail LLC), Limited Liability Company Agreement (NRG Retail LLC), Limited Liability Company Agreement (NRG Retail LLC)

Requirements Applicable to All Dispositions and Admissions. In addition to the requirements set forth in Sections 3.03(b)(i), 3.03(b)(ii) and 3.03(b)(ii3.03(b)(iii), any Disposition of a Membership Interest and any admission of an Assignee as a Member shall also be subject to the following requirements, and such Disposition (and admission, if applicable) shall not be effective unless such requirements are complied with; provided, however, that provided the Management Committee, in its sole and absolute discretion, may waive any of the following requirements:

Appears in 4 contracts

Samples: Limited Liability Company Agreement (RGC Resources Inc), Limited Liability Company Agreement (EQT Midstream Partners, LP), Limited Liability Company Agreement (EQT Corp)

Requirements Applicable to All Dispositions and Admissions. In addition to the requirements set forth in Sections 3.03(b)(i), 3.03(b)(ii) and 3.03(b)(ii3.03(b)(iii), any Disposition of a Membership Interest and any admission of an Assignee as a Member shall also be subject to the following requirements, and such Disposition (and admission, if applicable) shall not be effective unless such requirements are complied with; provided, however, that the Management Committee, in its sole and absolute discretion, may waive any of the following requirements:

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Piedmont Natural Gas Co Inc), Limited Liability Company Agreement (Spectra Energy Partners, LP)

Requirements Applicable to All Dispositions and Admissions. In addition to the requirements require­ments set forth in Sections 3.03(b)(i3.03(a), 3.03(b) and 3.03(b)(ii3.03(c), any Disposition of a Membership Interest and any admission of an Assignee as a Member shall also be subject to the following requirements, and such Disposition (and admission, if applicable) shall not be effective unless such requirements are complied with; provided, however, that the Management Committeenon‑disposing Members, in its their sole and absolute discretion, may waive any of the following requirements:

Appears in 2 contracts

Samples: Limited Liability Company Agreement, Limited Liability Company Agreement

Requirements Applicable to All Dispositions and Admissions. In addition to the requirements set forth in Sections 3.03(b)(i9.01(b)(i) and 3.03(b)(ii9.01(b)(ii), any Disposition of a Membership Interest and any admission of an Assignee as a Member shall also be subject to the following requirements, and such Disposition (and admission, if applicable) shall not be effective unless such requirements are complied with; provided, however, that the Management CommitteeBoard of Directors, in its sole and absolute discretion, may waive any of the following requirements:

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Enterprise Products Partners L P), Limited Liability Company Agreement (Enterprise Products Partners L P)

Requirements Applicable to All Dispositions and Admissions. In addition to the requirements set forth in Sections 3.03(b)(i3.03(a), 3.03(b) and 3.03(b)(ii)3.08, any Disposition of a Membership Interest and any admission of an Assignee as a Member shall also be subject to the following requirements, and such Disposition (and admission, if applicable) shall not be effective unless such requirements are complied with; provided, however, that the Management Committeenon-Disposing Members, in its their sole and absolute discretion, may waive any of the following requirements:

Appears in 1 contract

Samples: Limited Liability Company Agreement (East Coast Power LLC)

Requirements Applicable to All Dispositions and Admissions. In addition to the requirements require­ments set forth in Sections 3.03(b)(i3.03(a), 3.03(b) and 3.03(b)(ii3.03(c), any Disposition of a Membership Interest and any admission of an Assignee as a Member shall also be subject to the following requirements, and such Disposition (and admission, if applicable) shall not be effective unless such requirements are complied with; provided, however, that the Management Committeenon-disposing Members, in its their sole and absolute discretion, may waive any of the following requirements:

Appears in 1 contract

Samples: Limited Liability Company Agreement

Requirements Applicable to All Dispositions and Admissions. In addition to the requirements set forth in Sections 3.03(b)(i3.03(a), 3.03(b) and 3.03(b)(ii)3.08, any Disposition of a Membership Interest Interest, and any admission of an Assignee as a Member shall also be subject to the following requirements, and such Disposition (and admission, if applicable) shall not be effective unless such requirements are complied with; provided, however, that the Management CommitteeCommon Members, in its their sole and absolute discretion, may waive any of the following requirements:

Appears in 1 contract

Samples: Limited Liability Company Agreement (East Coast Power LLC)

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Requirements Applicable to All Dispositions and Admissions. In addition to the requirements set forth in Sections 3.03(b)(i) and 3.03(b)(ii3.03(b)(iii), any Disposition of a Membership Interest and any admission of an Assignee as a Member shall also be subject to the following requirements, and such Disposition (and admission, if applicable) shall not be effective unless such requirements are complied with; provided, however, that the Management Committee, in its sole and absolute discretion, may waive any of the following requirements:

Appears in 1 contract

Samples: Limited Liability Company Agreement (Duke Energy Corp)

Requirements Applicable to All Dispositions and Admissions. In addition to the requirements set forth in Sections 3.03(b)(i3.03(a), 3.03(b) and 3.03(b)(ii), 3.08 any Disposition of a Membership Interest and any admission of an Assignee as a Member shall also be subject to the following requirements, and such Disposition (and admission, if applicable) shall not be effective unless such requirements are complied with; provided, however, that the Management Committeenon-Disposing Members, in its their sole and absolute discretion, may waive any of the following requirements:

Appears in 1 contract

Samples: Limited Liability Company Agreement (East Coast Power LLC)

Requirements Applicable to All Dispositions and Admissions. In addition to the requirements set forth in Sections 3.03(b)(iSection 9.1(b) and 3.03(b)(iior (c), as applicable, any Disposition of a Membership Company Interest or any portion thereof and any admission of an Assignee as a Member Member, shall also be subject to the following requirements, and such Disposition (and admission, if applicable) shall not be effective unless such requirements are complied with; provided, however, that the Management Committee, in its sole and absolute discretion, Committee may waive any of the following requirements:

Appears in 1 contract

Samples: Limited Liability Company Agreement (El Paso Natural Gas Co)

Requirements Applicable to All Dispositions and Admissions. In addition to the requirements set forth in Sections 3.03(b)(i) and 3.03(b)(ii), any Any Disposition of a Membership Interest Interests and any admission of an Assignee as a Member shall also be subject to the following requirements, and such Disposition (and admission, if applicable) shall not be effective unless such requirements are complied with; provided, however, that the Management CommitteeBoard, in its sole and absolute discretion, may waive any of the following requirements:requirements (other than the requirement of Section 4.03(a)(ii)(C)):

Appears in 1 contract

Samples: Limited Liability Company Agreement (Williams Energy Partners L P)

Requirements Applicable to All Dispositions and Admissions. In addition to the requirements set forth in Sections 3.03(b)(i) and 3.03(b)(ii), any Disposition of a Membership Interest and LP Interest and any admission of an Assignee as a Member shall also be subject to the following requirements, and such Disposition (and admission, if applicable) shall not be effective unless such requirements are complied with; provided, however, that the Management Committee, in its sole and absolute discretionSole Discretion, may waive any of the following requirements:

Appears in 1 contract

Samples: Limited Liability Company Agreement (New Jersey Resources Corp)

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