SUCCESSOR SOLE MEMBERS. ATK or any successor Member may transfer all, but not less than all, of the Units then held by it to another Person by means of a written instrument in form and substance reasonably satisfactory to the Board of Managers. Upon such transfer, the transferee shall become the Member of the Company for all purposes of this Agreement and the Act. Upon such transfer, the name and address of the new Member, the number of Units held by such Member, and the capital contribution attributed to such Member (which shall be the capital contribution attributed to the predecessor Member immediately prior to such transfer) shall be entered by the Secretary on the Unit Transfer Record.
Appears in 9 contracts
Samples: Limited Liability Company Agreement (ATK Space Systems Inc.), Limited Liability Company Agreement (Alliant Techsystems Inc), Limited Liability Company Agreement (Alliant Techsystems Inc)
