Common use of Additional Membership Clause in Contracts

Additional Membership. One or more additional members may be admitted to the Company with the consent of the Member. Prior to or in connection with the admission of any such additional members to the Company, the Member shall amend this Agreement to make such changes as the Member shall determine to reflect the fact that the Company shall have such additional members.

Appears in 2 contracts

Sources: Limited Liability Company Agreement (Automated Securities Clearance LLC), Limited Liability Company Agreement (Automated Securities Clearance LLC)