Obligations and Rights of Transferees. A Transferee of a Membership Interest as a result of a Transfer that is effected in compliance with this Article 10 who is not admitted as a Substitute Member pursuant to Section 10.8 shall (unless the express terms of the Transfer otherwise provide) be deemed to have had assigned to him, her or it, and shall be entitled to receive, distributions from the Company and allocations of Profits and Losses (and items comprising Profits and Losses) of the Company attributable to the Membership Interest assigned to such transferee, but (irrespective of the terms of the Transfer) shall have no right to (i) become a Member, (ii) vote such Membership Interest with respect to any matter submitted to the Members for a vote, (iii) exercise any rights of a Member under the Act or this Agreement (including but not limited to access to information and to receipt of reports) other than those set forth in this Section 10.9, or (iv) act as an agent of the Company, the Manager or any Member. A transferee of a Membership Interest who is not admitted as a Substitute Member pursuant to Section 10.8 hereof, whether or not he, she or it has accepted in writing the terms and conditions of this Agreement and assumed in writing the obligations of the transferor, shall be deemed, by acquisition of such Membership Interest, to have agreed to be subject to and bound by all the terms and conditions of this Agreement with the same effect as the transferor of such Membership Interest and, if such transferee desires to transfer such Membership Interests, such transferee shall be subject to all the provisions of this Article 10 to the same extent and in the same manner as any Member desiring transfer of his, her or its Membership Interest. No such Transfer shall release the transferor of his, her or its obligations and duties under this Agreement.
Obligations and Rights of Transferees. (a) Whether or not a Person who acquired any Interest in the Partnership has accepted in writing the terms and provisions of this Agreement and assumed in writing the obligations hereunder of its predecessor in interest, that Person shall be deemed, by the acquisition of the Interest, to have agreed to be subject to and bound by all the obligations of this Agreement with the same effect as any predecessor in interest of that Person.
Obligations and Rights of Transferees. Any person who acquires in any manner whatsoever Units of the Company, irrespective of whether such person has accepted and assumed in writing the terms and provisions of this Agreement, shall be deemed by the acceptance of the benefit of the acquisition thereof to have agreed to be subject to, and to be bound by, all the obligations of this Agreement with the same force and effect as any predecessor in interest of such person.
Obligations and Rights of Transferees. Any Person who acquires in any manner whatsoever any interest in the Company, irrespective of whether such Person has accepted and adopted in writing the terms and provisions of this Agreement, shall be deemed by the acceptance of the benefit of the acquisition thereto to have agreed to be subject to and bound by the same obligations under this Agreement that the predecessor in interest of such Person was subject to or bound by. However, no assignee of an interest in the Company shall be entitled to be admitted as a Member unless and until it has accepted and adopted in writing the terms and provisions of this Agreement to the same extent and on the same terms as the present Members.
Obligations and Rights of Transferees. Whether or not an Entity which acquires an interest in the Company has accepted in writing the terms and provisions of this Agreement and assumed in writing the obligations hereunder of its predecessor in interest, such Entity shall be deemed, by such acquisition of such interest, to have agreed to be subject to and bound by all the obligations of this Agreement with the same effect as any predecessor in interest of such Entity. An Entity acquiring an interest in the Company shall have only such rights and shall be subject to all the obligations as provided in this Agreement, and, without limiting the foregoing, such Entity shall not have the right to have the value of its interest ascertained or receive the value of such interest or, in lieu thereof, profits attributable to any right in the Company, except as set forth in this Agreement.
Obligations and Rights of Transferees. Whether or not a Person who acquires an interest in the Company has accepted in writing the terms and provisions of this Agreement and assumed in writing the obligations hereunder of its predecessor in interest, such Person shall be deemed, by such acquisition of such interest, to have agreed to be subject to and bound by all the obligations of this Agreement with the same effect as any predecessor in interest of such Person. A Person acquiring an interest in the Company shall have only such rights and shall be subject to all the obligations as provided in this Agreement, and, without limiting the foregoing, such Person shall not have the right to have the value of its interest ascertained or receive the value of such interest or, in lieu thereof, profits attributable to any right in the Company, except as set forth in this Agreement.
Obligations and Rights of Transferees. Whether or not a Person who acquires an Investor Holder Interest has accepted in writing the terms and provisions of this Agreement and assumed in writing the obligations hereunder of its predecessor in interest, such Person shall be deemed, by such acquisition of such Interest, (a) to have agreed to be subject to and bound by all the obligations of this Agreement with the same effect as any predecessor in interest of such Person and (b) to have ratified, affirmed, confirmed and agreed to be bound by all actions duly taken by the Company pursuant to the terms of this Agreement prior to the date such person acquires such Person’s Investor Holder Interest. A Person acquiring an Investor Holder Interest shall have only such rights and shall be subject to all the obligations, as provided in this Agreement, and, without limiting the foregoing, such Person shall not have the right to have the value of its Investor Holder Interest ascertained or receive the value of such Investor Holder Interest or, in lieu thereof, profits attributable to any right in the Company, except as set forth in this Agreement.
Obligations and Rights of Transferees. Any Person who acquires in any manner whatsoever any interest in the Company, irrespective of whether such Person has accepted and adopted in writing the terms and provisions of this Agreement, shall be deemed by the acceptance of the benefit of the acquisition thereto to have agreed to be subject to and bound by the same obligations under this Agreement that the predecessor in interest of such Person was subject to or bound by. However, no assignee of an interest in the Company shall be entitled to be admitted as a Member unless and until it has accepted and adopted in writing the terms and provisions of this Agreement to the same extent and on the same terms as the present Members. Indiana Residential Nominee Services, LLC Amended & Restated Operating Agreement February 15, 2007
Obligations and Rights of Transferees. Any Person who acquires in any manner whatsoever any interest in the Company, irrespective of whether such Person has accepted and adopted in writing the terms and provisions of this Agreement, shall be deemed by the acceptance of the benefit of the acquisition thereto to have agreed to be subject to and bound by the same obligations under this Agreement that the predecessor in interest of such Person was subject to or bound by. However, no assignee of an interest in the Company shall be entitled to be admitted as a Member unless and until it has Maine Residential Nominee Services, LLC Amended & Restated Operating Agreement February 15, 2007 accepted and adopted in writing the terms and provisions of this Agreement to the same extent and on the same terms as the present Members.
Obligations and Rights of Transferees a. Any person or entity which acquires in any manner whatsoever any interest in the Joint Venture, irrespective of whether such person has accepted and adopted in writing the terms and provisions of this Agreement, shall be deemed by the acceptance of the enefit of the acquisition thereof to have agreed to, and shall, be subject to and bound by all the obligations of this Agreement that any predecessor in interest of such a person or entity was subject to or bound by.
