Common use of Additional Members and Interests Clause in Contracts

Additional Members and Interests. Additional Members may be admitted to the Company and additional Interests may be issued only upon the consent of all Members. Whenever any additional Member is admitted to the Company, or any additional Interest is issued, in accordance with this Section 7.4, the Managers shall cause Schedules A and B to this Agreement to be amended to reflect any adjustment in the Percentage Interests or Series Percentage Interests of the Members in accordance with this Section 7.4.

Additional Members and Interests. Additional Members may be admitted to the Company and additional Interests may be issued only upon in accordance with the consent terms of all MembersSection 3.5 of this Agreement. Whenever any additional Member is admitted to the Company, or any additional Interest is issued, in accordance with the terms of this Section 7.4Agreement, the Percentage Interest of each Member shall be adjusted in the manner determined by the Managers at the time of the issuance of such additional Interests. The Managers shall cause Schedules Schedule A and B to this Agreement to be amended to reflect any adjustment in the Percentage Interests or Series Percentage Interests of the Members in accordance with this Section 7.4Members.