Admission of Member Sample Clauses

Admission of Member. Amendments to this Agreement for the admission of any Member or Substitute Member shall not, if in accordance with the terms of this Agreement, require the consent of any Member.
Admission of Member. Except as otherwise provided in Section 8.1 hereof, no Person, including a Successor in Interest, shall be admitted as a member of the Company after the date of formation of the Company without the written consent or approval of the Sole Member at the time of such admission, regardless of whether such Person has acquired an Interest in the Company from the Sole Member or from the Company as an original issuance. Upon admission, such Person shall execute a counterpart of this Agreement and shall assume in writing any and all obligations associated with its Interest.
Admission of Member. The Members are admitted to the Company as the sole equity members of the Company upon their respective execution and delivery of a counterpart signature page to this Agreement.
Admission of Member. No new potential member shall become a Member until (i) such potential member accepts, ratifies and agrees in writing to be bound by the terms and conditions of the Certificate and this Agreement and (ii) the Board unanimously approves such admission as a Member. The Board shall promptly cause Schedule A hereto to be amended to reflect the admission of the new Member upon the compliance of all the conditions of this Section 13.
Admission of Member. The Member is the sole member of the Company in respect of 100% of the Interest (as hereinafter defined).
Admission of Member. Simultaneously with the execution and delivery of this Agreement, Magnum Hunter Resources Corporation is hereby admitted to the Company as the sole member of the Company in respect of the Interest (as hereinafter defined) being acquired hereunder.
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Admission of Member. Persons may be admitted as Members as a result of the issuance of Units only with the consent of a Majority-In-Interest of the Members. Additionally, no Person shall be admitted as a Member of the Company after the date of formation of the Company as a result of a Transfer of Units, except in accordance with Sections 11.4 and 11.11.
Admission of Member. The Sole Member is admitted as a member of the Company upon its execution of a counterpart to this Agreement.
Admission of Member. Simultaneously with the execution and delivery of this Agreement and the filing of the Certificate of Formation with the Office of the Secretary of State of the State of Delaware, Alenco Holding Corporation is admitted as the sole Member of the LLC in respect of the Interest (as hereinafter defined).
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