Other Rights of Members Clause Samples
The 'Other Rights of Members' clause defines additional entitlements or privileges that members of an organization or entity may possess beyond those explicitly stated elsewhere in the agreement. This may include rights such as access to certain information, participation in meetings, or the ability to propose agenda items. By outlining these supplementary rights, the clause ensures that members are aware of their full range of participatory and informational privileges, thereby promoting transparency and preventing disputes over unaddressed member interests.
Other Rights of Members. In connection with a Corporate Conversion, the Board shall cause the resulting corporation to enter into such agreements as are necessary to provide the Members with rights with respect to such corporation which are substantially similar to the rights of such Members pursuant to this Agreement.
Other Rights of Members. By way of illustration, and not limitation, Members may:
5.11.1 Object to transfers of Interests;
5.11.2 Review the books and records of the Company;
5.11.3 Receive notice of resignation of Manager and officers; and
5.11.4 Receive distributions pursuant to Article 8.
5.11.5 Within five (5) days after any written request, Southern Highlands shall receive copies of Purchase Contracts, Agreements, Amendments thereto, Marketing Reports, Closing Statements for the sale of the Lots and Residences and each of the documents referred to in Section 3.2.1.
Other Rights of Members. By way of illustration, and not limitation, Members may:
5.11.1 Purchase Membership Interests, if the Company declines, pursuant to Article 4;
5.11.2 Object to transfers of Membership Interests;
5.11.3 Review the books and records of the Company;
5.11.4 Receive notice of resignation of Manager and officers; and
5.11.5 Receive distributions pursuant to Article 8.
5.11.6 Within five (5) days after execution or completion, as the case may be, the Brentwood Member shall receive copies of Purchase Contracts, material agreements, material amendments thereto, Marketing Reports and Closing Statements for the sale of the Lots and Residences thereon.
Other Rights of Members. By way of illustration, and not limitation, Members may: 5 .
11.1 Review the books and records of the Company;
5.11.2 Receive notice of resignation of Managers and officers; and
5.11.3 Receive distributions pursuant to Article 8.