Substituted Member. A substituted Member is a person who has been admitted to all the rights of a Member who has transferred or assigned its Membership Interests in the Company as provided for herein. The substituted Member has all the rights and powers and is subject to all the restrictions and liabilities of his assignor.
Appears in 6 contracts
Samples: Limited Liability Company Agreement (Rainbow Casino-Vicksburg Partnership, L.P.), Operating Agreement (St Charles Gaming Co Inc), Operating Agreement (Grand Palais Riverboat Inc)