Common use of Requirements for Admission Clause in Contracts

Requirements for Admission. No transferee of the whole or a portion of a Member’s Interest shall have the right to become a Member unless and until all of the following conditions are satisfied:

Appears in 2 contracts

Samples: Operating Agreement, Operating Agreement

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Requirements for Admission. No transferee of the whole or a portion of a Member’s 's Interest shall have the right to become a Member unless and until all of the following conditions are satisfied:

Appears in 2 contracts

Samples: Operating Agreement (Accelera Innovations, Inc.), Operating Agreement (Accelera Innovations, Inc.)

Requirements for Admission. No transferee of the whole or Membership Interests, including a portion of a Member’s Interest Related Party (as defined herein), shall have the right to become a Member unless and until the Transfer becomes effective in accordance with Section 5.2(b) and all of the following conditions are satisfied:

Appears in 1 contract

Samples: Equipment Purchase Agreement (Ecolocap Solutions Inc.)

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Requirements for Admission. No transferee Transferee of the whole or a portion of a Member’s Interest or other Interest Holder shall have the right to become a Member unless and until all of the following conditions are satisfied:

Appears in 1 contract

Samples: Operating Agreement (NaturalNano , Inc.)

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