Common use of After-Acquired Membership Units Clause in Contracts

After-Acquired Membership Units. All of the provisions of this ------------------------------- Agreement will apply to and include all the Membership Units issued by the Company to any Member or acquired by any Person on and after the date hereof. Any Person who at any time becomes the holder of record of a Membership Unit will, upon becoming such, be admitted to the Company as a Member and will be bound by the provisions of this Agreement with the same force and effect as though such Person were a signatory hereto.

Appears in 2 contracts

Samples: Members Agreement (Ebs Pension LLC), Members Agreement (Ebs Litigation LLC)

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After-Acquired Membership Units. All of the provisions of this ------------------------------- Agreement will apply to and include all the Membership Units issued by the Company to any Member or acquired by any Person on and after the date hereof. Any Person who at any time becomes the holder of record of a Membership Unit will, upon becoming such, be admitted to the Company as a Member and will be bound by the provisions of this Agreement with the same force and effect as though such Person were a signatory hereto.

Appears in 1 contract

Samples: Members Agreement (Ebs Building LLC)

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After-Acquired Membership Units. All of the provisions of this ------------------------------- Agreement Agree- ment will apply to and include all the Membership Units issued by the Company to any Member or acquired by any Person on and after the date hereof. Any Person who at any time becomes the holder of record of a Membership Unit will, upon becoming such, be admitted to the Company as a Member and will be bound by the provisions of this Agreement with the same force and effect as though such Person were a signatory hereto.

Appears in 1 contract

Samples: Members' Agreement (Stratosphere Corp)

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