Substitute Manager. Upon acceptance by the Members of an assignment by the Manager, any assignee of such Manager's interest in compliance with this Section 10 shall be substituted as the Manager.
Appears in 6 contracts
Samples: Operating Agreement (Ridgewood Properties Inc), Operating Agreement (NNN 2002 Value Fund LLC), Operating Agreement (Ridgewood Properties Inc)
Substitute Manager. Upon acceptance by the Members of an assignment by the Manager, any Any assignee of such all of a Manager's interest ’s Interest in compliance with this Section 10 shall automatically be substituted as the a Manager.
Appears in 5 contracts
Samples: Limited Liability Company Agreement (Cottonwood Multifamily Opportunity Fund, Inc.), Limited Liability Company Agreement (Vivakor, Inc.), Limited Liability Company Agreement (Vivakor, Inc.)
Substitute Manager. Upon acceptance by the Members of an assignment by the Manager, any assignee of such the Manager's ’s interest in compliance with this Section 10 shall be substituted as the Manager.
Appears in 4 contracts
Samples: Limited Liability Company Agreement (Vivakor, Inc.), Limited Liability Company Agreement (Vivakor, Inc.), Limited Liability Company Agreement (Vivakor, Inc.)
Substitute Manager. Upon acceptance by the Members of an assignment Assignment by the Manager, any assignee of such Manager's ’s interest in compliance with this Section 10 shall be substituted as the Manager.
Appears in 3 contracts
Samples: Note, Operating Agreement, LLC Operating Agreement
Substitute Manager. Upon acceptance by the Members of an assignment by the Manager, any assignee of such Manager's ’s interest in compliance with this Section Article 10 shall be substituted as the Manager.
Appears in 2 contracts
Samples: Operating Agreement, Operating Agreement
Substitute Manager. Upon acceptance by the Preferred Members of an assignment by the ManagerManager of the entire Interest, any assignee of such Manager's interest ’s Interest in compliance with this Section 10 shall be substituted as the Manager.
Appears in 2 contracts
Samples: Limited Liability Company Agreement, Limited Liability Company Agreement
Substitute Manager. Upon acceptance by the Members of an assignment by the Manager, any assignee of such Manager's interest in compliance with this Section 10 9 shall be substituted as the Manager.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Terra Secured Income Fund 5, LLC)
Substitute Manager. Upon acceptance by the Members of an assignment by ------------------- the Manager, any assignee of such Manager's interest in compliance with this Section 10 shall be substituted as the Manager.
Appears in 1 contract
Samples: Operating Agreement (T Reit Inc)
Substitute Manager. Upon acceptance by the Members of an assignment by the Manager, any assignee of such Manager's ’s interest in compliance with this Section 10 shall be substituted as the Manager.. 10.3
Appears in 1 contract
Samples: Operating Agreement
Substitute Manager. Upon acceptance by the Members of an assignment by the Manager, any assignee of such Manager's ’s interest in compliance with this Section 10 shall be substituted as the Manager.
Appears in 1 contract
Samples: Operating Agreement (T Reit Inc)