Common use of Admission of Transferee as a Member Clause in Contracts

Admission of Transferee as a Member. A Transfer permitted by the Manager will only transfer the rights of an assignee as set forth in Section 8.6 unless (a) the transferee is a Member or is admitted as a Member and (b) payment to the Fund of a transfer fee in cash which is sufficient, in the Manager's sole determination, to cover all reasonable expenses incurred by the Fund in connection with the Transfer and admission of the transferee as a Member.

Admission of Transferee as a Member. A Transfer permitted by the Manager will shall only transfer the rights of an assignee as set forth in Section 8.6 unless (a) the transferee is a Member or is admitted as a Member and (b) payment to the Fund Company of a transfer fee in cash which is sufficient, in the Manager's ’s sole determination, to cover all reasonable expenses incurred by the Fund Company in connection with the Transfer and admission of the transferee as a Member.Member.‌

Admission of Transferee as a Member. A Transfer permitted by the Manager will shall only transfer the rights of an assignee as set forth in Section 8.6 unless (a) the transferee is a Member or is admitted as a Member and (b) payment to the Fund Company of a transfer fee in cash which is sufficient, in the Manager's ’s sole determination, to cover all reasonable expenses incurred by the Fund Company in connection with the Transfer and admission of the transferee as a Member.

Admission of Transferee as a Member. A Transfer permitted by the Manager will only transfer the rights of an assignee as set forth in Section 8.6 unless (a) the transferee is a Member or is admitted as a Member and (b) payment to the Fund Company of a transfer fee in cash which is sufficient, in the Manager's ’s sole determination, to cover all reasonable expenses incurred by the Fund Company in connection with the Transfer and admission of the transferee as a Member.