Members. (a) A Person shall be admitted as a Member and shall become bound by the terms of this Agreement if such Person purchases or otherwise lawfully acquires any Share and becomes the Record Holder of such Share in accordance with the provisions of Article III, Article IV and Article XIII hereof. A Person may become a Record Holder without the consent or approval of any of the Members. A Person may not become a Member without acquiring a Share.
Appears in 38 contracts
Samples: Operating Agreement (Arrived SFR Genesis Fund, LLC), Operating Agreement (Fundrise Real Estate Investment Trust, LLC), Operating Agreement (Arrived Debt Fund, LLC)
Members. (a) A Person shall be admitted as a Member and shall become bound by the terms of this Agreement if such Person purchases or otherwise lawfully acquires any Share and becomes the Record Holder of such Share in accordance with the provisions of Article III, Article IV and Article Article XIII hereof. A Person may become a Record Holder without the consent or approval of any of the Members. A Person may not become a Member without acquiring a Share.
Appears in 17 contracts
Samples: Operating Agreement (NY Residential REIT, LLC), Operating Agreement (Reitless Impact Income Strategies LLC), Operating Agreement (Reitless Impact Income Strategies LLC)
Members. (a) A Person shall be admitted as a Member and shall become bound by the terms of this Agreement if such Person purchases or otherwise lawfully acquires any Share and becomes the Record Holder of such Share in accordance with the provisions of Article III, Article IV and Article XIII hereof. A Person may become a Record Holder without the consent or approval of any of the Members. A Person may not become a Member without acquiring a Share.,
Appears in 11 contracts
Samples: Operating Agreement (Fundrise East Coast Opportunistic REIT, LLC), Operating Agreement (Fundrise National for-Sale Housing eFund, LLC), Operating Agreement (Fundrise Midland Opportunistic REIT, LLC)
Members. (a) A Person shall be admitted as a Member and shall become bound by the terms of this Agreement if such Person purchases or otherwise lawfully acquires any Share Interest and becomes the Record Holder of such Share Interests in accordance with the provisions of Article III, Article ARTICLE IV and Article XIII hereof. A Person may become a Record Holder without the consent or approval of any of the Members. A Person may not become a Member without acquiring a Sharean Interest.
Appears in 7 contracts
Samples: Limited Liability Company Agreement (Cheniere Energy Partners LP Holdings, LLC), Limited Liability Company Agreement, Limited Liability Company Agreement (Cheniere Energy Partners LP Holdings, LLC)
Members. (a) A Person shall be admitted as a Member and shall become bound by the terms of this Agreement if such Person purchases or otherwise lawfully acquires any Share Interest and becomes the Record Holder of such Share Interests in accordance with the provisions of Article III, Article IV and Article XIII hereof. A Person may become a Record Holder without the consent or approval of any of the Members. A Person may not become a Member without acquiring an Interest. The rights and obligations of a SharePerson who is a Non-citizen Assignee shall be determined in accordance with Section 4.7 hereof.
Appears in 7 contracts
Samples: Limited Liability Company Agreement (Copano Energy, L.L.C.), Limited Liability Company Agreement (Linn Energy, LLC), Limited Liability Company Agreement (Linn Energy, LLC)
Members. (a) A Person shall be admitted as a Member and shall become bound by the terms of this Agreement if such Person purchases or otherwise lawfully acquires any Share and becomes the Record Holder of such Share in accordance with the provisions of Article III, Article IV and Article XIII hereof. A Person may become a Record Holder without the consent or approval of any of the Members. A Person may not become a Member without acquiring a Share.
Appears in 7 contracts
Samples: Limited Liability Company Agreement (Fortress Investment Group LLC), Limited Liability Company Agreement (Fortress Transportation & Infrastructure Investors LLC), Limited Liability Company Agreement (Fortress Investment Group Holdings LLC)
Members. (a) A Person shall be admitted as a Member and shall become bound by the terms of this Agreement if such Person purchases or otherwise lawfully acquires any Share and becomes the Record Holder of such Share in accordance with the provisions of this Article III, Article IV and Article XIII hereof. A Person may become a Record Holder without the consent or approval of any of the Members. A Person may not become a Member without acquiring a Share.
Appears in 5 contracts
Samples: Limited Liability Company Agreement (Fortress Transportation & Infrastructure Investors LLC), Limited Liability Company Agreement (Apollo Global Management LLC), Limited Liability Company Agreement (Fortress Transportation & Infrastructure Investors LLC)
Members. (a) A Person shall be admitted as a Member and shall become bound by the terms of this Agreement if such Person purchases or otherwise lawfully acquires any Share Unit and becomes the Record Holder of such Share Unit in accordance with the provisions of Article III, III and Article IV and Article XIII hereof. A Person may become a Record Holder without the consent or approval of any of the Members. A Person may not become a Member without acquiring a ShareUnit.
Appears in 5 contracts
Samples: Limited Liability Company Agreement (Solis Seattle, LLC), Limited Liability Company Agreement (181 High Street LLC), Limited Liability Company Agreement (One Chestnut Realty LLC)
Members. (a) A Person shall be admitted as a Member and shall become bound by the terms of this Agreement if such Person purchases or otherwise lawfully acquires any Share and becomes the Record Holder of such Share in accordance with the provisions of Article III, Article IV and Article XIII XII hereof. A Person may become a Record Holder without the consent or approval of any of the Members. A Person may not become a Member without acquiring a Share.
Appears in 4 contracts
Samples: Operating Agreement (Fundrise for-Sale Housing eFUND - Los Angeles CA, LLC), Operating Agreement (Fundrise for-Sale Housing eFUND - Washington DC, LLC), Operating Agreement (Fundrise for-Sale Housing eFUND - Los Angeles CA, LLC)
Members. (a) A Person shall be admitted as a Member and shall become bound by the terms of this Agreement if such Person purchases or otherwise lawfully acquires any Share and becomes the Record Holder of such Share in accordance with the provisions of Article III, Article IV and Article XIII III hereof. A Person may become a Record Holder without the consent or approval of any of the Members. A Person may not become a Member without acquiring a Share.
Appears in 4 contracts
Samples: Limited Liability Company Agreement (Fortis Minerals, LLC), Limited Liability Company Agreement (New Fortress Energy LLC), Limited Liability Company Agreement (New Fortress Energy LLC)
Members. (a) A Person shall be admitted as a Member and shall become bound by by, and shall be deemed to have agreed to be bound by, the terms of this Agreement if such Person purchases or otherwise lawfully acquires any Share Share, and becomes such Person shall become the Record Holder of such Share Share, in accordance with the provisions of this Article III, Article IV III and Article XIII hereofthe other terms of this Agreement. A Person may become a Record Holder without the consent or approval of any of the MembersMembers and without execution of this Agreement. A Person may not become a Member without acquiring a Share.
Appears in 3 contracts
Samples: Limited Liability Company Agreement (Och-Ziff Capital Management Group LLC), Limited Liability Company Agreement (Och-Ziff Capital Management Group LLC), Limited Liability Company Agreement (Och Daniel)
Members. (a) A Person shall be admitted as a Member and shall become bound by by, and shall be deemed to have agreed to be bound by, the terms of this Agreement if such Person purchases or otherwise lawfully acquires any Share Share, and becomes such Person shall become the Record Holder of such Share Share, in accordance with the provisions of Article III, Article IV and Article XIII hereofthis Agreement. A Person may become a Record Holder without the consent or approval of any of the MembersMembers and without physical execution of this Agreement. A Person may not become a Member without acquiring a Share.
Appears in 3 contracts
Samples: Limited Liability (Masterworks Collection 001, LLC), Limited Liability (Masterworks Collection 001, LLC), Limited Liability (Masterworks Collection 001, LLC)
Members. (a) A Person shall be admitted as a Member and shall become bound by the terms of this Agreement if such Person purchases or otherwise lawfully acquires any Share and becomes the Record Holder of such Share in accordance with the provisions of Article III, Article IV and Article XIII Article IX hereof. A Person may become a Record Holder without the consent or approval of any of the Members. A Person may not become a Member without acquiring a Share.
Appears in 3 contracts
Samples: Limited Liability Company Agreement (Fundrise Growth Tech Fund, LLC), Limited Liability Company Agreement (Fundrise Income Real Estate Fund, LLC), Limited Liability Company Agreement (Fundrise Income Real Estate Fund, LLC)
Members. (a) A Person shall be admitted as a Member and shall become bound by the terms of this Agreement if such Person purchases or otherwise lawfully acquires any Share and becomes the Record Holder of such Share in accordance with the provisions of Article III, Article IV and Article Article XIII hereof. A Person may become a Record Holder without the consent or approval of any of the Members. A Person may not become a Member without acquiring a Share.
Appears in 3 contracts
Samples: Operating Agreement (Fundrise Real Estate Investment Trust, LLC), Operating Agreement (Fundrise eREIT XIV, LLC), Operating Agreement (Fundrise West Coast Opportunistic REIT, LLC)
Members. (ai) A Person shall be admitted as a Member and shall become bound by the terms of this Agreement if such Person purchases or otherwise lawfully acquires any Share and becomes the Record Holder of such Share in accordance with the provisions of Article III, Article IV and Article XIII hereof. A Person may become a Record Holder without the consent or approval of any of the Members. A Person may not become a Member without acquiring a Share.
Appears in 2 contracts
Samples: Operating Agreement (Groundfloor Loans 1, LLC), Operating Agreement (Groundfloor Loans 1, LLC)
Members. (a) A Person shall be admitted as a Member and shall become bound by the terms of this Agreement if such Person purchases or otherwise lawfully acquires any Share Unit and becomes the Record Holder of such Share Unit in accordance with the provisions of Article III, Article IV and Article Article XIII hereof. A Person may become a Record Holder without the consent or approval of any of the Members. A Person may not become a Member without acquiring a ShareUnit.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Birgo Reiturn Fund LLC), Limited Liability Company Agreement (Birgo Reiturn Fund LLC)
Members. (a) A Person shall be admitted as a Member and shall become bound by the terms of this Agreement if such Person purchases or otherwise lawfully acquires any Share Interest and becomes the Record Holder of such Share Interests in accordance with the provisions of Article III, Article IV and Article XIII hereofSection 4.3. A Person may become a Record Holder without the consent or approval of any of the Members. A Person may not become a Member without acquiring a Share.
Appears in 2 contracts
Samples: Copano Energy, L.L.C., Copano Energy, L.L.C.
Members. (a) A Person shall be admitted as a Member and shall become bound by the terms of this Agreement if such Person purchases or otherwise lawfully acquires any Share and becomes the Record Holder of such Share in accordance with the provisions of Article III, III and Article IV and Article XIII hereof. A Person may become a Record Holder without the consent or approval of any of the Members. A Other than the Initial Members, a Person may not become a Member without acquiring a Share.
Appears in 2 contracts
Samples: Operating Agreement (LODE Payments International LLC), Operating Agreement (StartEngine Real Estate REIT 1 LLC)
Members. (a) A Person shall be admitted as a Member and shall become bound by the terms of this Agreement if such Person purchases or otherwise lawfully acquires any Share Interest and becomes the Record Holder of such Share Interests in accordance with the provisions of Article III, Article IV and Article XIII hereof. A Person may become a Record Holder without the consent or approval of any of the Members. A Person may not become a Member without acquiring a Sharean Interest.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (LinnCo LLC), Limited Liability Company Agreement (LinnCo LLC)
Members. (a) A Person shall be admitted as a Member and shall become bound by the terms of this Agreement if when such Person purchases or otherwise lawfully acquires any Share and becomes the Record Holder of such Share in accordance with the provisions of Article IIIthis Agreement, Article IV and Article XIII hereofwithout execution of this Agreement. A Person may become a Record Holder without the consent or approval of any of the Members. A Person may not become a Member without acquiring a Share.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Five Point Holdings, LLC), Limited Liability Company Agreement (Five Point Holdings, LLC)
Members. (a) A Person shall be admitted as a Member and shall become bound by the terms of this Agreement if such Person purchases or otherwise lawfully acquires any Share and becomes the Record Holder of such Share in accordance with the provisions of Article III, Article IV and Article XIII hereofthis Agreement. A Person may become a Record Holder without the consent or approval of any of the Members. A Person may not become a Member without acquiring a Share.
Appears in 1 contract
Members. (a) A Person shall be admitted as a Member and shall become bound by the terms of this Agreement if such Person purchases or otherwise lawfully acquires any Share Interest and becomes the Record Holder of such Share Interests in accordance with the provisions of Article III, Article IV and Article XIII hereof. A Person may become a Record Holder without the consent or approval of any of the Members. A Person may not become a Member without acquiring a Share.the
Appears in 1 contract
Samples: Limited Liability Company Agreement (Copano Energy, L.L.C.)
Members. (a) A Person shall be admitted as a Member and shall become bound by the terms of this Agreement if such Person purchases or otherwise lawfully acquires any Share and becomes the Record Holder of such Share in accordance with the provisions of Article III, Article IV and Article XIII hereof. A Person may become a Record Holder without the consent or approval of any of the rest of other Members. A Person may not become a Member without acquiring a Share.
Appears in 1 contract
Samples: Operating Agreement (Legacyhub Multifamily Reit I, LLC)
Members. (a) A Person shall be admitted as a Member and shall become bound by the terms of this Agreement if such Person purchases or otherwise lawfully acquires any Share and becomes the Record Holder of such Share in accordance with the provisions of Article Articles III, Article IV and Article XIII hereof. A Person may become a Record Holder without the consent or approval of any of the Members. A Person may not become a Member without acquiring a Share.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Etre Reit, LLC)
Members. (a) (a) A Person shall be admitted as a Member and shall become bound by the terms of this Agreement if such Person purchases or otherwise lawfully acquires any Share and becomes the Record Holder of such Share in accordance with the provisions of this Article III, Article IV and Article XIII hereof. A Person may become a Record Holder without the consent or approval of any of the Members. A Person may not become a Member without acquiring a Share.
Appears in 1 contract
Samples: Limited Liability Company (Apollo Global Management LLC)
Members. (a) A Person shall be admitted as a Member and shall become bound by the terms of this Agreement if such Person purchases or otherwise lawfully acquires any LLC Share and becomes the Record Holder of such LLC Share in accordance with the provisions of Article III, Article IV and Article XIII hereof. A Person may become a Record Holder without the consent or approval of any of the Members. A Person may not become a Member without acquiring a LLC Share.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Gyrodyne, LLC)
Members. (a) A Person shall be admitted as a Member and shall become bound by the terms of this Agreement if such Person purchases or otherwise lawfully acquires any Share and becomes the Record Holder of such Share in accordance with the provisions of Article III, Article IV and Article Article XIII hereof. A Person may become a Record Holder without the consent or approval of any of the Members. A Person may not become a Member without acquiring a Share. Upon its execution of this Agreement, RM Sponsor hereby continues as a member of the Company.
Appears in 1 contract
Samples: Limited Liability Company Agreement (MogulREIT I, LLC)
Members. (a) A Person shall be admitted as a Member and shall become bound by the terms of this Agreement if such Person purchases or otherwise lawfully acquires any Share and becomes the Record Holder of such Share in accordance with the provisions of Article III, Article IV and Article XIII IX hereof. A Person may become a Record Holder without the consent or approval of any of the Members. A Person may not become a Member without acquiring a Share.
Appears in 1 contract
Samples: Limited Liability Company Operating Agreement (Fundrise Real Estate Interval Fund, LLC)
Members. (a) A Person shall be admitted as a Member and shall become bound by the terms of this Agreement if such Person purchases or otherwise lawfully acquires any Share and becomes the Record Holder of such Share in accordance with the provisions of Article IIIArticles III, Article IV IV and Article XIII XIII hereof. A Person may become a Record Holder without the consent or approval of any of the Members. A Person may not become a Member without acquiring a Share.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Etre Reit, LLC)
Members. (a) A Person shall be admitted as a Member and shall become bound by the terms of this Agreement if such Person purchases or otherwise lawfully acquires any Share and becomes the Record Holder of such Share in accordance with the provisions of Article III, Article IV and Article XIII Article XII hereof. A Person may become a Record Holder without the consent or approval of any of the Members. A Person may not become a Member without acquiring a Share.
Appears in 1 contract
Members. (a) A Person shall be admitted as a Member and shall become bound by the terms of this Agreement if such Person purchases or otherwise lawfully acquires any Share Units and becomes the Record Holder of such Share Unit in accordance with the provisions of Article III, III and Article IV and Article XIII hereof. A Person may become a Record Holder without the consent or approval of any of the Members. A Person may not become a Member without acquiring a ShareUnit.
Appears in 1 contract
