Common use of Rights and Obligations of Additional Members and Substitute Members Clause in Contracts

Rights and Obligations of Additional Members and Substitute Members. (a) A Transferee of a Member Interest and associated Units that has been admitted as a Substitute Member or a purchaser of any newly issued Member Interest and associated Authorized Units from the Company that has been admitted as an Additional Member in accordance with Section 10.4 or Section 10.5, as applicable, shall have all the rights and powers and be subject to all the restrictions and Liabilities under this Agreement relating to a Member holding a Member Interest and associated Units, including the obligation to fund such Additional Member’s proportion of any Additional Contributions required pursuant to Section 3.2 and Section 3.3.

Rights and Obligations of Additional Members and Substitute Members. (a) A Transferee transferee of a Member Interest and associated Units that has been admitted as a Substitute Member or a purchaser of any newly issued Member Interest and associated Authorized Units from the Company that has been admitted as an Additional Member in accordance with Section 10.4 13.03 or Section 10.513.04, as applicable, shall have all the rights and powers and be subject to all the restrictions and Liabilities under this Agreement relating to a Member holding a the same class of Units held by such Additional Member Interest and associated Unitsor Substitute Member, including the obligation to fund such Additional Member’s or Substituted Member’s proportion of any Additional Contributions required contributions pursuant to Section 3.2 and Section 3.35.02.

Rights and Obligations of Additional Members and Substitute Members. (a) A Transferee transferee of a Member Interest and associated Units that has been admitted as a Substitute Member or a purchaser of any newly issued Member Interest and associated Authorized Units from the Company that has been admitted as an Additional Member in accordance with Section 10.4 or Section 10.5, as applicable, shall have all the rights and powers and be subject to all the restrictions and Liabilities under this Agreement relating to a Member holding a Member Interest and associated Authorized Units, including the obligation to fund such Additional Member’s proportion of any Additional Contributions required contributions pursuant to Section 3.2 3.2, Section 3.3 and Section 3.33.5.