Admission of Assignee as a Member. An Assignee has the right to be admitted to the Company as a Member, with the Membership Interest in the applicable Series (and attendant Sharing Ratio) so transferred to such Assignee, only if such Disposition is effected in strict compliance with Sections 3.03(a) and (b) or is effected in accordance with Section 3.03(d), [***], or Section 3.03(e) or Section 3.03(f).
Appears in 5 contracts
Samples: Limited Liability Company Agreement (EQT Midstream Partners, LP), Limited Liability Company Agreement (RGC Resources Inc), Limited Liability Company Agreement (RGC Resources Inc)
Admission of Assignee as a Member. An Assignee has the right to be admitted to the Company as a Member, with the Membership Interest in the applicable Series (and attendant Sharing Ratio) so transferred to such Assignee, only if such Disposition is effected in strict compliance with Sections 3.03(a) and (b) or is effected in accordance with Section 3.03(d), [***], or Section 3.03(e) or Section 3.03(f).
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Spectra Energy Partners, LP), Limited Liability Company Agreement (Duke Energy Corp)
Admission of Assignee as a Member. An Assignee has the right to be admitted to the Company as a Member, with the Membership Interest in the applicable Series (and attendant Sharing Ratio) so transferred to such Assignee, only upon consent of the Management Committee and only if such Disposition is effected in strict compliance with Sections 3.03(a) and (b) or is effected in accordance with Section 3.03(d), [***], or Section 3.03(e) or Section 3.03(f).
Appears in 2 contracts
Samples: Limited Liability Company Agreement (EQT Corp), Limited Liability Company Agreement (EQT Corp)
Admission of Assignee as a Member. An Assignee has the right to be admitted to the Company as a Member, with the Membership Interest in the applicable Series (and attendant Sharing Ratio) so transferred to such Assignee, only if such Disposition is effected in strict compliance with Sections 3.03(a) and (b) or is effected in accordance with Section 3.03(d), [***], or Section 3.03(e) or Section 3.03(f).
Appears in 2 contracts
Samples: Limited Liability Company Agreement (EQT Midstream Partners, LP), Limited Liability Company Agreement (RGC Resources Inc)
Admission of Assignee as a Member. An Assignee has the right to be admitted to the Company as a Member, with the Membership Interest in the applicable Series (and attendant Sharing Ratio) so transferred to such Assignee, only upon consent of the Management Committee and only if such Disposition is effected in strict compliance with Sections 3.03(a) and (b) or is effected in accordance with Section 3.03(d), [***], or Section 3.03(e) ), or Section 3.03(f).
Appears in 2 contracts
Samples: Limited Liability Company Agreement (EQT Corp), Limited Liability Company Agreement (EQT Corp)
Admission of Assignee as a Member. An If, but only if, a Disposition is effected in strict compliance with Sections 3.03(a) and (b), the Assignee has the right to of a Membership Interest shall be admitted to the Company as a Member, with the Membership Interest in the applicable Series (and attendant Sharing Ratio) so transferred to such Assignee, only if such Assignee and the Company shall consent to the Disposition is effected in strict compliance with Sections 3.03(a) of an LP Interest and (b) or is effected in accordance with Section 3.03(d), [***], or Section 3.03(e) or Section 3.03(f)the admission of the Assignee as a Limited Partner of the Partnership.
Appears in 1 contract
Samples: Limited Liability Company Agreement (New Jersey Resources Corp)
