Common use of Permitted Assignees Clause in Contracts

Permitted Assignees. (a) Subject to compliance with Section 6.01, a purchaser, assignee or transferee of a Member’s Membership Interest (each such Person, a “Permitted Assignee”) shall have the right to become a Substitute Member only if the following conditions (in addition to those set forth in Section 6.01) are satisfied:

Appears in 5 contracts

Samples: Limited Liability Company Agreement (Generation Income Properties, Inc.), Limited Liability Company Agreement (Generation Income Properties, Inc.), Limited Liability Company Agreement (Generation Income Properties, Inc.)

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Permitted Assignees. (a) Subject to compliance with Section 6.01, a purchaser, assignee or transferee of a Member’s 's Membership Interest (each such Person, a "Permitted Assignee") shall have the right to become a Substitute Member only if the following conditions (in addition to those set forth in Section 6.01) are satisfied:

Appears in 1 contract

Samples: Limited Liability Company Agreement (Generation Income Properties, Inc.)

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