Assignee’s Rights. (a) Unless an Assignee becomes a Substitute Member in accordance with the provisions of Section 3.9, it shall not be entitled to any of the rights (including voting rights) granted to a Member hereunder or under the Act, other than the right to receive the share of distributions, allocations to his/its Capital Account, and any other items attributable to a Member’s Units to which its assignor would otherwise be entitled.
Appears in 4 contracts
Samples: Limited Liability Company Agreement (Ranger Energy Services, Inc.), Limited Liability Company Agreement (Ranger Energy Services, Inc.), Limited Liability Company Agreement (Ranger Energy Services, Inc.)
Assignee’s Rights. (a) Unless an Assignee becomes a Substitute Member in accordance with the provisions of Section 3.93.7, it shall not be entitled to any of the rights (including voting rights) granted to a Member hereunder or under the ActTBOC, other than the right to receive the share of distributions, allocations to his/its Capital Account, distributions and any other items attributable to a Member’s Units to which its assignor would otherwise be entitled.
Appears in 1 contract
Samples: Company Agreement (NGL Supply Terminal Company, LLC)
Assignee’s Rights. (a) 6.7.1 Unless an Assignee becomes a Substitute Member in accordance with the provisions of Section 3.96.6, it shall not be entitled to any of the rights (including voting rights) granted to a Member hereunder or under the Act, other than the right to receive (or be allocated) the share of distributionsNet Profits and Net Losses of the Company, allocations to his/its Capital Account, distributions and any other items attributable to a Member’s Units Interest to which its assignor would otherwise be entitled.
Appears in 1 contract
Samples: Operating Agreement (KBS Real Estate Investment Trust, Inc.)
Assignee’s Rights. (a) 8.8.1 Unless an Assignee becomes a Substitute Member in accordance with the provisions of Section 3.98.7, it shall not be entitled to any of the rights (including voting rights) granted to a Member hereunder or under the Act, other than the right to receive (or be allocated) the share of distributionsNet Profits and Net Losses of the Company, allocations to his/its Capital Account, distributions and any other items attributable to a Member’s Units Interest to which its assignor would otherwise be entitled.
Appears in 1 contract
Samples: Operating Agreement (KBS Real Estate Investment Trust, Inc.)