SUBSTITUTE NON-MANAGER MEMBERS. No transferee of interests of a Non-Manager Member shall become a Member except in accordance with this Section 5.
Appears in 3 contracts
Sources: Limited Liability Company Agreement (Affiliated Managers Group Inc), Limited Liability Company Agreement (Affiliated Managers Group Inc), Limited Liability Company Agreement (Affiliated Managers Group Inc)
SUBSTITUTE NON-MANAGER MEMBERS. (a) No transferee Transferee of interests LLC Interests of a Non-Manager Member shall become a Member except in accordance with this Section 5.
Appears in 3 contracts
Sources: Limited Liability Company Agreement (Affiliated Managers Group Inc), Limited Liability Company Agreement (Affiliated Managers Group Inc), Limited Liability Company Agreement (Affiliated Managers Group Inc)
SUBSTITUTE NON-MANAGER MEMBERS. No transferee of interests of a Member in the LLC (including without limitation LLC Interests) shall become a Member, and no Non-Manager Member in which any direct or indirect ownership interests have been Transferred shall become remain a Member of the LLC, in either case except in accordance with this Section 5.
Appears in 2 contracts
Sources: Limited Liability Company Agreement (Affiliated Managers Group Inc), Limited Liability Company Agreement (Affiliated Managers Group Inc)