Common use of SUCCESSION BY INDIVIDUALS TO MEMBERSHIP INTERESTS OF MEMBERS Clause in Contracts

SUCCESSION BY INDIVIDUALS TO MEMBERSHIP INTERESTS OF MEMBERS. In the event that any individual succeeds to the interest of any Member in accordance with the terms of this Agreement, then the interest of such individual Member in the Company, subject to the provisions of Section 7.02 hereof, may be:

Appears in 4 contracts

Samples: Limited Liability Company Agreement (Ramco Gershenson Properties Trust), Limited Liability Company Agreement (Ramco Gershenson Properties Trust), Limited Liability Company Agreement (Ramco Gershenson Properties Trust)

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SUCCESSION BY INDIVIDUALS TO MEMBERSHIP INTERESTS OF MEMBERS. In the event that any individual succeeds to the interest of any Member in accordance with the terms of this Agreement, then the interest of such individual Member in the Company, subject to the provisions of Section 7.02 7.2 hereof, may be:

Appears in 1 contract

Samples: Operating Agreement (Taubman Centers Inc)

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