Disposition of Interests. A Member may assign in whole or in part such Member’s Percentage Interest only with the consent of the Managers and a majority of the Members and such assignee shall become a Member only with the consent of the Managers and a majority of the Members.
Appears in 5 contracts
Samples: Limited Liability Company Agreement (Intelsat Subsidiary (Gibraltar) LTD), Limited Liability Company Agreement (Intelsat Subsidiary (Gibraltar) LTD), Limited Liability Company Agreement (PanAmSat Satellite HGS 3, Inc.)
Disposition of Interests. A Member may assign in whole or in part such Member’s Percentage Interest only with the consent of the Managers and Members representing an aggregate Percentage Interest of at least 662/3% (a majority “Super-Majority of the Members Members”), and such assignee shall become a Member only with the consent of the Managers and a majority Super-Majority of the Members.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (PanAmSat Satellite HGS 3, Inc.), Limited Liability Company Agreement (PanAmSat Satellite HGS 3, Inc.)
