Common use of Assignee of a Member Clause in Contracts

Assignee of a Member. If a person acquiring a Company Interest is not admitted as a Member of the Company as provided in this Article VIII of this Agreement, then such person’s interest in the Company shall be solely that of a rightful assignee of a Member as provided in the Act.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (First Wind Holdings Inc.), Limited Liability Company Agreement (First Wind Holdings Inc.)

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Assignee of a Member. If a person Person acquiring a Company Interest is not admitted as a Member of the Company as provided in this Article VIII of this Agreement, then such personPerson’s interest in the Company shall be solely that of a rightful assignee of a Member as provided in the Act.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (First Wind Holdings Inc.), Limited Liability Company Agreement (First Wind Holdings Inc.)

Assignee of a Member. If a person acquiring a Company Interest is not admitted as a Member of the Company as provided in this Article VIII of this Agreement, then such person’s 's interest in the Company shall be solely that of a rightful assignee of a Member as provided in the Act.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Miller Petroleum Inc)

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Assignee of a Member. If a person acquiring a Company Interest interest is not admitted as a Member of the Company as provided in this Article VIII of this Agreement, then such person’s 's interest in the Company shall be solely that of a rightful assignee of a Member as provided in the Act.

Appears in 1 contract

Samples: Limited Liability Company Agreement

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