Common use of Admission Requirements Clause in Contracts

Admission Requirements. No assignee of all or any portion of a Member’s Membership Interest or any other person shall be admitted as an additional or substituted Member of the Company unless and until:

Appears in 4 contracts

Samples: Operating Agreement (Campus Crest Communities, Inc.), Operating Agreement (Campus Crest Communities, Inc.), Purchase and Sale Agreement (Campus Crest Communities, Inc.)

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Admission Requirements. No assignee of all or any portion of a Member’s Membership Interest interest in the Company (including a Permitted Transferee) or any other person shall be admitted as an additional or substituted Member of the Company unless and until:

Appears in 3 contracts

Samples: Operating Agreement, Operating Agreement (Gallagher Arthur J & Co), Operating Agreement (Gallagher Arthur J & Co)

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Admission Requirements. No assignee of all or any portion of a Member’s Membership Interest interest in the Company or any other person shall be admitted as an additional or substituted Member of the Company unless and until:

Appears in 2 contracts

Samples: Operating Agreement (Sidoti & Company, Inc.), Operating Agreement (Sidoti & Company, Inc.)

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