Common use of Admission of Successor Members or New Members Clause in Contracts

Admission of Successor Members or New Members. A Person, including a transferee or donee of a Member or other Person owning an Economic Interest, shall be deemed admitted as a Member of the Company only upon the satisfactory completion of the following:

Appears in 3 contracts

Samples: Limited Liability Company Agreement (Great Plains Energy Inc), Limited Liability Company Agreement (Great Plains Energy Inc), Limited Liability Company Agreement (Great Plains Energy Inc)

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Admission of Successor Members or New Members. A Person, including a transferee or donee of a Member or other Person owning an Economic InterestMember, shall be deemed admitted as a Member of the Company only upon the satisfactory completion of the following:

Appears in 1 contract

Samples: Limited Liability Company Agreement (Great Plains Energy Inc)

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