Common use of Rights of Assignees of Members Interests Clause in Contracts

Rights of Assignees of Members Interests. (a) Subject to the provisions of Section 9.2 hereof, except as required by operation of law, the Company shall not be obligated for any purposes whatsoever to recognize the assignment by any Member of its Member Interest until the Company has received notice thereof.

Appears in 3 contracts

Samples: Operating Agreement, Operating Agreement, Exchange Agreement

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Rights of Assignees of Members Interests. (a) Subject to the provisions of Section Sections 9.2 and 9.3 hereof, except as required by operation of law, the Company shall not be obligated for any purposes whatsoever to recognize the assignment by any Member of its Member Interest until the Company has received notice thereof.

Appears in 3 contracts

Samples: Operating Agreement (Wisconsin Public Service Corp), Operating Agreement (Alliant Energy Corp), Operating Agreement (Alliant Energy Corp)

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