Common use of Spouses of Members Clause in Contracts

Spouses of Members. Spouses of any Members who are natural persons do not become Members as a result of such marital relationship. Each spouse of a Member that is a natural person shall be required to execute a spousal agreement in a form reasonably requested by the Company to evidence his or her agreement and consent to be bound by the terms and conditions of this Agreement that has been or will be executed by such Member or is otherwise binding on such Member.

Appears in 4 contracts

Samples: Membership Interest Purchase Agreement (LMP Automotive Holdings, Inc.), Membership Interest Purchase Agreement (LMP Automotive Holdings, Inc.), Membership Interest Purchase Agreement (LMP Automotive Holdings, Inc.)

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Spouses of Members. Spouses of any Members who are natural persons Persons do not become Members as a result of such marital relationship. Each spouse of a Member that is a natural person shall be required to execute a spousal agreement in a form reasonably requested by the Company (as directed by the Board) to evidence his or her agreement and consent to be bound by the terms and conditions of this Agreement and each other Related Document that has been or will be executed by such Member or is otherwise binding on such Member.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Magnum Hunter Resources Corp), Limited Liability Company Agreement (Magnum Hunter Resources Corp)

Spouses of Members. Spouses of any Members who that are natural persons do not become Members as a result of such marital relationship. Each spouse of a Member that is a natural person shall be required to execute a spousal agreement Spousal Agreement in a the form reasonably requested by the Company of Exhibit C to evidence his or her agreement and consent to be bound by the terms and conditions of this Agreement Agreement, including Section 6.8, and each other relevant Transaction Document that has been or will be executed by such Member or is otherwise binding on such Member, including any applicable Award Agreement as to such spouse’s interest, whether as community property or otherwise, if any, in the Membership Interests owned by such Member, subject to any exclusions provided therein.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Ranger Energy Services, Inc.), Limited Liability Company Agreement (Ranger Energy Services, Inc.)

Spouses of Members. Spouses of any the Members who that are natural persons do not become Members as a result of such marital relationship. Each spouse of a Member that is a natural person shall be required to execute a spousal agreement Spousal Agreement in a the form reasonably requested by the Company of Exhibit B to evidence his or her agreement and consent to be bound by the terms and conditions of this Agreement that has been as to his or will be executed her interest, whether as community property or otherwise, if any, in the Units owned by such Member or is otherwise binding on such Member.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Laredo Petroleum - Dallas, Inc.), Limited Liability Company Agreement (Laredo Petroleum, Inc.)

Spouses of Members. Spouses of any the Members who that are natural persons do not become Members (and are not Members) as a result of such marital relationshiprelationship or as a result of any community property interest in any Units. Each spouse of a Member that is a natural person (including the Initial Members) shall be required to execute a spousal agreement Spousal Agreement in a the form reasonably requested by the Company of Exhibit C to evidence his or her agreement and consent to be bound by the terms and conditions of this Agreement that has been as to his or will be executed her interest, whether as community property or otherwise, if any, in the Units owned by such Member or is otherwise binding on such Member.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Ashford Inc.)

Spouses of Members. Spouses of any the Members who are natural persons do not become Members as a result of such marital relationship. Each spouse of a Member that is a natural person (including the Initial Members) shall be required to execute a spousal agreement Spousal Agreement in a the form reasonably requested by the Company of Exhibit C to evidence his or her agreement and consent to be bound by the terms and conditions of this Agreement that has been as to his or will be executed her interest, whether as community property or otherwise, if any, in the Units owned by such Member or is otherwise binding on such Member.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Genesis Energy Lp)

Spouses of Members. Spouses of any Members who that are natural persons Persons do not become Members as a result of such marital relationship. Each spouse of a Member that is a natural person shall be required to execute a spousal agreement Spousal Agreement in a the form reasonably requested by the Company of Exhibit C to evidence his or her agreement and consent to be bound by the terms and conditions of this Agreement and each other Transaction Document that has been or will be executed by such Member or is otherwise binding on such Member, including any applicable Award Agreement as to his or her interest, whether as community property or otherwise, if any, in the Membership Interests owned by such Member.

Appears in 1 contract

Samples: Limited Liability Company Agreement (USW Financing Corp.)

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Spouses of Members. Spouses of any Members who that are natural persons Persons do not become Members as a result of such marital relationship. Each spouse of a Member that is a natural person shall be required to execute a spousal agreement Spousal Agreement in a the form reasonably requested by the Company of Exhibit C to evidence his or her agreement and consent to be bound by the terms and conditions of this Agreement and each other Transaction Document that has been or will be executed by such Member or is otherwise binding on such Member, including the Unit Subscription Agreement and any applicable Award Agreement as to his or her interest, whether as community property or otherwise, if any, in the Membership Interests owned by such Member.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Nexeo Solutions Finance Corp)

Spouses of Members. Spouses of any Members who that are natural persons Persons do not become Members as a result of such marital relationship. Each spouse of If a Class A Member, Class B Member, or Class C Member or any other Member that is a natural person Person acquires a spouse during the term of this Agreement, such spouse shall be required to promptly execute a spousal agreement in a form reasonably requested by and deliver to the Company a Spousal Agreement substantially in the form attached hereto as Exhibit A to evidence his or her agreement and consent to be bound by the terms and conditions provisions of this Agreement that has been as to his or will be executed her interest, whether as community property or otherwise, if any, in the Units owned by such Member or is otherwise binding on such Member.

Appears in 1 contract

Samples: Limited Liability Company Agreement

Spouses of Members. Spouses of any the Members who that are natural persons do not become Members as a result of such marital relationship. Each spouse of a Member that is a natural person (including the Initial Members) shall be required to execute a spousal agreement Spousal Agreement in a the form reasonably requested by the Company of Exhibit B to evidence his or her agreement and consent to be bound by the terms and conditions of this Agreement that has been as to his or will be executed her interest, whether as community property or otherwise, if any, in the Units owned by such Member or is otherwise binding on such Member.

Appears in 1 contract

Samples: Limited Liability Company Agreement (RoyaltyTraders LLC)

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