Admission of Members. (a) By execution of this Agreement, the Initial Member is hereby admitted as a Member of the Company and shall have a Membership Interest in the Company including, without limitation, such rights in and to the profits and losses of the Company and rights to receive distributions of the Company’s assets, and such other rights and obligations, as provided herein.
Appears in 27 contracts
Samples: Limited Liability Company Agreement (GE TF Trust), Limited Liability Company Agreement (GE TF Trust), Limited Liability Company Agreement (GE TF Trust)
Admission of Members. (a) By execution of this Agreement, the Initial Member is hereby admitted as a Member member of the Company and shall have a Membership Interest in the Company including, without limitation, such rights in and to the profits and losses of the Company and rights to receive distributions of the Company’s assets, and such other rights and obligations, as provided herein. The Initial Member shall initially own all of the Membership Interests.
Appears in 3 contracts
Samples: Limited Liability Company Agreement (Goal Capital Funding, LLC), Limited Liability Company Agreement (Consolidation Loan Funding Ii, LLC), Limited Liability Company Agreement (Goal Capital Funding, LLC)
Admission of Members. (a) By execution of this Agreement, the Initial Member is hereby admitted as a Member of the Company and shall have a Membership Interest in the Company including, without limitation, such rights in and to the profits and losses of the Company and rights to receive distributions of the Company’s 's assets, and such other rights and obligations, as provided herein.
Appears in 3 contracts
Samples: Limited Liability Company Agreement (Cef Equipment Holding LLC), Limited Liability Company Agreement (GE Equipment Midticket LLC, Series 2006-1), Limited Liability Company Agreement (Cef Equipment Holding Ge Commerical Equip Fin Series 2004-1)
Admission of Members. (a) By execution of this Agreement, the Initial Member is Members are hereby admitted as a Member members of the Company and shall have a Membership Interest in the Company including, without limitation, such rights in and to the profits and losses of the Company and rights to receive distributions of the Company’s assets, and such other rights and obligations, as provided herein. The Initial Members shall initially own such Membership Interests as are set forth opposite the names of the Initial Members on Schedule I hereto.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Consolidation Loan Funding, LLC), Limited Liability Company Agreement (Higher Education Funding I)
Admission of Members. (a) By execution of this Agreement, the Initial Member is hereby admitted continues as a Member member of the Company and shall have a Membership Interest in the Company including, without limitation, such rights in and to the profits and losses of the Company and rights to receive distributions of the Company’s assets, and such other rights and obligations, as provided herein.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (SG Mortgage Securities, LLC), Limited Liability Company Agreement (SG Mortgage Securities, LLC)
Admission of Members. (a) By execution of this Agreement, the Initial Member is hereby admitted continues as a Member member of the Company and shall have a Membership Interest in the Company including, without limitation, such rights in and to the profits and losses of the Company and rights to receive distributions of the Company’s 's assets, and such other rights and obligations, as provided herein.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Cef Equipment Holding LLC)
Admission of Members. (a) By execution of this Agreement, the Initial Member is hereby admitted as a Member of the Company and shall have a Membership Interest in the Company including, without limitation, such rights in and to the profits and losses of the Company and rights to receive distributions of the Company’s 's assets, and such other rights and obligations, as provided herein.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Cef Equipment Holding LLC)
Admission of Members. (a) By execution of this Agreement, the Initial Member is Members are hereby admitted as a Member Members of the Company and shall have a Membership Interest in the Company including, without limitation, such rights in and to the profits and losses of the Company and rights to receive distributions of the Company’s 's assets, and such other rights and obligations, as provided herein.
Appears in 1 contract
Samples: Limited Liability Company Agreement (CDF Funding, Inc.)
Admission of Members. (a) By execution of this Agreement, the Initial Member is hereby admitted as a Member of the Company and Company. The Initial Member shall have a Membership Interest in the Company including, without limitation, such rights in and to the profits and losses of the Company and rights to receive distributions of the Company’s 's assets, and such other rights and obligations, as provided herein.
Appears in 1 contract
Samples: Limited Liability Company Agreement (GE-WMC Mortgage Securities, L.L.C.)
Admission of Members. (a) By execution of this Agreement, the Initial Member is Members are hereby admitted as a Member Members of the Company and shall have a Membership Interest in the Company including, without limitation, such rights in and to the profits and losses of the Company and rights to receive distributions of the Company’s 's assets, and such other rights and obligations, as provided herein.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Distribution Financial Services Floorplan Master Trust)
Admission of Members. (a) By execution of this the Original Agreement, the Initial Member is hereby admitted as a Member of the Company and shall have a Membership Interest in the Company including, without limitation, such rights in and to the profits and losses of the Company and rights to receive distributions of the Company’s 's assets, and such other rights and obligations, as provided herein.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Cef Equipment Holding LLC)
