Common use of Substituted Members Clause in Contracts

Substituted Members. Subject to the provisions of Article X hereof, in connection with the Permitted Transfer of a Unit hereunder, the Permitted Transferee shall become a Substituted Member on the effective date of such Transfer, which effective date shall not be earlier than the date of compliance with the conditions to such Transfer, and such admission shall be shown on the books and records of the Company, including the Schedule of Members.

Appears in 54 contracts

Samples: Limited Liability Company Agreement (Flowco Holdings Inc.), Operating Agreement (OneStream, Inc.), Operating Agreement (OneStream, Inc.)

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Substituted Members. Subject to the provisions of Article X hereof, in connection with the Permitted Transfer of a Unit Company Interest hereunder, the Permitted Transferee transferee shall become a substituted Member (“Substituted Member Member”) on the effective date of such Transfer, which effective date shall not be earlier than the date of compliance with the conditions to such Transfer, and such admission shall be shown on the books and records of the Company, including the Schedule of Members.

Appears in 17 contracts

Samples: Limited Liability Company Agreement (Bioventus Inc.), Limited Liability Company Agreement (Bioventus Inc.), Limited Liability Company Agreement (Bioventus Inc.)

Substituted Members. Subject to the provisions of Article X IX hereof, in connection with the Permitted permitted Transfer of any Units of a Unit hereunderMember, the Permitted Transferee transferee shall become a Substituted Member on the effective date of such Transfer, which effective date shall not be earlier than the date of compliance with the conditions to such Transfer, and such admission shall be shown on the books and records of the Company, including the Schedule of Members.

Appears in 13 contracts

Samples: Company Agreement (BlueRiver Acquisition Corp.), Limited Liability Company Agreement (Dutch Bros Inc.), Operating Agreement (Enfusion, Inc.)

Substituted Members. Subject to the provisions of Article ARTICLE X hereof, in connection with the Permitted Transfer of a Unit Company Interest hereunder, the Permitted Transferee transferee shall become a substituted Member (“Substituted Member Member”) on the effective date of such Permitted Transfer, which effective date shall not be earlier than the date of compliance with the conditions to such Transfer, and such admission shall be shown on the books and records of the Company, including the Schedule of Members.

Appears in 7 contracts

Samples: Limited Liability Company Agreement (Acreage Holdings, Inc.), Limited Liability Company Agreement (Acreage Holdings, Inc.), Limited Liability Company Agreement (Cresco Labs Inc.)

Substituted Members. Subject to the provisions of Article X hereof, in connection with the Permitted Transfer of a Unit Company Interest hereunder, the Permitted Transferee transferee shall become a substituted Member (“Substituted Member Member”) on the effective date of such Permitted Transfer, which effective date shall not be earlier than the date of compliance with the conditions to such Transfer, and such admission shall be shown on the books and records of the Company, including the Schedule of Members.

Appears in 7 contracts

Samples: Operating Agreement (Greenlane Holdings, Inc.), Limited Liability Company Agreement (Acreage Holdings, Inc.), Operating Agreement (Greenlane Holdings, Inc.)

Substituted Members. Subject to the provisions of Article X hereofX, in connection with the Permitted Transfer of a Unit Company Interest hereunder, the Permitted Transferee transferee shall become a substituted Member (“Substituted Member Member”) on the effective date of such Transfer, which effective date shall not be earlier than the date of compliance with the conditions to such Transfer, and such admission shall be shown on the books and records of the Company, including the Schedule of Members.

Appears in 7 contracts

Samples: Limited Liability Company Agreement (Permian Resources Corp), Merger Agreement (Permian Resources Corp), Agreement and Plan of Merger (Permian Resources Corp)

Substituted Members. Subject to the provisions of Article X hereof, in connection with the Permitted Transfer of a Unit hereunderUnit, the Permitted Transferee transferee shall become be admitted as a substituted member of the Company (“Substituted Member Member”) on the effective date of such Permitted Transfer, which effective date shall not be earlier than the date of compliance with the conditions to such Transfer, and such admission shall be shown on the books and records of the Company, including the Schedule of Members.

Appears in 5 contracts

Samples: Business Combination Agreement (Cartesian Growth Corp), Limited Liability Company Agreement (UWM Holdings Corp), Limited Liability Company Agreement (UWM Holdings Corp)

Substituted Members. Subject to the provisions of Article X hereof, in connection with the Permitted Transfer of a Unit Company Interest hereunder, the Permitted Transferee shall become a Substituted Member on the effective date of such Transfer, which effective date shall not be earlier than the date of compliance with the conditions to such Transfer, and such admission shall be shown on the books and records of the Company, including the Schedule of Members.

Appears in 4 contracts

Samples: Limited Liability Company Agreement, Limited Liability Company Agreement (Funko, Inc.), Limited Liability Company Agreement (Funko, Inc.)

Substituted Members. Subject to the provisions of Article X hereof, in connection with the Permitted Transfer of a Unit Company Interest hereunder, the Permitted Transferee transferee shall become a substituted Member (“Substituted Member Member”) on the effective date of such Transfer, which effective date shall not be earlier than the date of compliance with the conditions to such Transfer, and such admission shall be shown on the books and records of the Company, including the Schedule of Members.

Appears in 4 contracts

Samples: Limited Liability Company Agreement (BAKER HUGHES a GE Co LLC), Limited Liability Company Agreement (Baker Hughes a GE Co), Transaction Agreement and Plan of Merger (General Electric Co)

Substituted Members. Subject to the provisions of Article X hereofX, in connection with the Permitted Transfer of a Unit hereunderCompany Interest hereunder or a Transfer consented to by the Conflicts Committee, the Permitted Transferee transferee shall become a substituted Member (“Substituted Member Member”) on the effective date of such Transfer, which effective date shall not be earlier than the date of compliance with the conditions to such Transfer, and such admission shall be shown on the books and records of the Company, including the Schedule of Members.

Appears in 4 contracts

Samples: Limited Liability Company Agreement (Amneal Pharmaceuticals, Inc.), Limited Liability Company Agreement (Amneal Pharmaceuticals, Inc.), Business Combination Agreement (Impax Laboratories Inc)

Substituted Members. Subject to the provisions of Article X hereofX, in connection with the Permitted Transfer of a Unit hereunder, the Permitted Transferee shall become a Substituted Member on the effective date of such Transfer, which effective date shall not be earlier than the date of compliance with the conditions to such Transfer, and such admission shall be shown on the books and records of the Company, including the Schedule of Members.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (Symbotic Inc.), Limited Liability Company Agreement (P3 Health Partners Inc.), Merger Agreement (Foresight Acquisition Corp.)

Substituted Members. Subject to the provisions of Article X hereofX, in connection with the Permitted Transfer of a Unit hereunderCompany Interest hereunder or a Transfer consented to by the Manager, the Permitted Transferee transferee shall become a substituted Member (“Substituted Member Member”) on the effective date of such Transfer, which effective date shall not be earlier than the date of compliance with the conditions to such Transfer, and such admission shall be shown on the books and records of the Company, including the Schedule of Members.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (Amneal Pharmaceuticals, Inc.), Merger Agreement (Amneal Pharmaceuticals, Inc.), Limited Liability Company Agreement (Liberty Tax, Inc.)

Substituted Members. Subject to the provisions of Section 3.05(b) and Article X hereof, in connection with the Permitted Transfer of a Unit hereunderUnit, the Permitted Transferee transferee shall become be admitted as a substituted member of the Company (“Substituted Member Member”) on the effective date of such Permitted Transfer, which effective date shall not be earlier than the date of compliance with the conditions to such Transfer, and such admission shall be shown on the books and records of the Company, including the Schedule of Members.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (Alvarium Tiedemann Holdings, Inc.), Limited Liability Company Agreement (Figdor Drew), Limited Liability Company Agreement (Tiedemann Michael)

Substituted Members. Subject to the provisions of Article X hereofX, in connection with the Permitted Transfer of a Unit Company Interest hereunder, the Permitted Transferee transferee shall become a substituted Member (“Substituted Member Member”) on the effective date of such Transfer, which effective date shall not be earlier than the date of compliance with the conditions to such Transfer, and such admission shall be shown on the books and records of the Company, including the Schedule of Members.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (Infinity Natural Resources, Inc.), Limited Liability Company Agreement (Tradeweb Markets Inc.), Limited Liability Company Agreement (Tradeweb Markets Inc.)

Substituted Members. Subject to the provisions of Article X hereof, in connection with the Permitted Transfer of a Unit Company Interest hereunder, the Permitted Transferee shall become a Substituted Member on the effective date of such Transfer, which effective date shall not be earlier than the date of compliance with the conditions to such Transfer, and such admission shall be shown on the books and records of the Company, including the Schedule of Members.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (Camping World Holdings, Inc.), Limited Liability Company Agreement (Camping World Holdings, Inc.), Limited Liability Company Agreement (Camping World Holdings, Inc.)

Substituted Members. Subject to the provisions of Article ARTICLE X hereof, in connection with the Permitted Transfer of a Unit Company Interest hereunder, the Permitted Transferee transferee shall become a substituted Member (“Substituted Member Member”) on the effective date of such Transfer, which effective date shall not be earlier than the date of compliance with the conditions to such Transfer, and such admission shall be shown on the books and records of the Company, including the Schedule of Members.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (Graphic Packaging International, LLC), Transaction Agreement (Graphic Packaging Holding Co), Transaction Agreement (International Paper Co /New/)

Substituted Members. Subject to the provisions of Article X XI hereof, in connection with the Permitted permitted Transfer of a Unit hereunderCompany Interest of a Member, the Permitted Transferee transferee shall become a Substituted Member on the effective date of such Transfer, which effective date shall not be earlier than the date of compliance with the conditions to such Transfer, and such admission shall be shown on the books and records of the Company, including the Schedule of Members.

Appears in 3 contracts

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

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Substituted Members. Subject to the provisions of Article X IX hereof, in connection with the Permitted permitted Transfer (including an Exempt Transfer) of any Units of a Unit hereunderMember, the Permitted Transferee transferee shall become a Substituted Member on the effective date of such Transfer, which effective date shall not be earlier than the date of compliance with the conditions to such Transfer, and such admission shall be shown on the books and records of the Company, including the Schedule of Members.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Rani Therapeutics Holdings, Inc.), Limited Liability Company Agreement (Rani Therapeutics Holdings, Inc.)

Substituted Members. Subject to the provisions of Article ARTICLE X hereof, in connection with the Permitted Transfer of a Unit Company Interest hereunder, the Permitted Transferee transferee shall become a substituted Member (“Substituted Member Member”) on the effective date of such Transfer, which effective date shall not be earlier than the date of compliance with the conditions to such Transfer, and such admission shall be shown on the books and records of the Company, including the Schedule of Members.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (VictoryBase Corp), Limited Liability Company Agreement (VictoryBase Corp)

Substituted Members. Subject to the provisions of Article X hereof, in connection with the Permitted Transfer of a Unit Company Interest hereunder, the Permitted Transferee transferee shall become a substituted Member (“Substituted Member Member”) on the effective date of such Permitted Transfer, which effective date shall not be earlier than the date of compliance with the conditions to such Transfer, and such admission shall be shown on the books and records of the Company, including the Schedule of Members.

Appears in 2 contracts

Samples: Operating Agreement (SciPlay Corp), Operating Agreement (SciPlay Corp)

Substituted Members. Subject to the provisions of Article X hereof, in connection with the a Permitted Transfer of a Unit Company Interest hereunder, the Permitted Transferee shall become a Substituted Member on the effective date of such Transfer, which effective date shall not be earlier than the date of compliance with the conditions to such Transfer, and such admission shall be shown on the books and records of the Company, including the Schedule of Members.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (I3 Verticals, Inc.), Limited Liability Company Agreement (I3 Verticals, Inc.)

Substituted Members. Subject to the provisions of Article X hereof, in connection with the Permitted Transfer of a Unit Company Interest hereunder, the Permitted Transferee shall become be admitted as a Substituted Member on the effective date of such Transfer, which effective date shall not be earlier than the date of compliance with the conditions to such Transfer, and such admission shall be shown on the books and records of the Company, including the Schedule of Members.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Pluralsight, Inc.), Limited Liability Company Agreement (Pluralsight, Inc.)

Substituted Members. Subject to the provisions of Article X hereofX, in connection with the Permitted Transfer of a Unit Company Interest hereunder, the Permitted Transferee transferee shall become a substituted Member (“Substituted Member Member”) on the effective date of such Transfer, which effective date shall not be earlier than the date of compliance with the conditions to such Transfer, and such admission shall be shown on the books and records of the Company, including the Schedule of Members.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Bounty Minerals, Inc.), Limited Liability Company Agreement (Desert Peak Minerals Inc.)

Substituted Members. Subject to the provisions of Article ‎Article X hereof, in connection with the Permitted Transfer of a Unit Company Interest hereunder, the Permitted Transferee transferee shall become a substituted Member (“Substituted Member Member”) on the effective date of such Transfer, which effective date shall not be earlier than the date of compliance with the conditions to such Transfer, and such admission shall be shown on the books and records of the Company, including the Schedule of Members.

Appears in 1 contract

Samples: Transaction Agreement and Plan of Merger (Baker Hughes Inc)

Substituted Members. Subject to the provisions of Article ARTICLE X hereof, in connection with the Permitted Transfer of a Unit Company Interest hereunder, the Permitted Transferee transferee shall become a substituted Member (“Substituted Member Member”) on the effective date of such Permitted Transfer, which effective date shall not be earlier than the date of compliance with the conditions to such Transfer, and such admission shall be shown on the books and records of the Company, including the Schedule of Members.Company.‌

Appears in 1 contract

Samples: Limited Liability Company Agreement

Substituted Members. Subject to the provisions of Article X ARTICLE IX hereof, in connection with the Permitted Transfer of a Unit hereunder, the Permitted Transferee transferee shall become a substituted Member (“Substituted Member Member”) on the effective date of such Transfer, which effective date shall not be earlier than the date of compliance with the conditions to such Transfer, and such admission shall be shown on the books and records of the Company, including the Schedule of Members.

Appears in 1 contract

Samples: Equity Transfer and Acquisition Agreement (Chart Acquisition Corp.)

Substituted Members. Subject to the provisions of Article ARTICLE X hereof, in connection with the Permitted Transfer of a Unit Company Interest hereunder, the Permitted Transferee transferee shall become a substituted Member ("Substituted Member Member") on the effective date of such Permitted Transfer, which effective date shall not be earlier than the date of compliance with the conditions to such Transfer, and such admission shall be shown on the books and records of the Company, including the Schedule of Members.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Alpine Summit Energy Partners, Inc.)

Substituted Members. Subject to the provisions of Article ARTICLE X hereof, in connection with the Permitted Transfer of a Unit Company Interest hereunder, the Permitted Transferee transferee shall become a substituted Member‌ (“Substituted Member Member”) on the effective date of such Permitted Transfer, which effective date shall not be earlier than the date of compliance with the conditions to such Transfer, and such admission shall be shown on the books and records of the Company, including the Schedule of Members.

Appears in 1 contract

Samples: Operating Agreement

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