Requirements Applicable to All Dispositions and Admissions. Any Disposition of Membership Interests and any admission of an Assignee as a Member shall also be subject to the following requirements, and such Disposition (and admission, if applicable) shall not be effective unless such requirements are complied with:
Appears in 64 contracts
Samples: Limited Liability Company Agreement, Limited Liability Company Agreement (Shell Midstream Partners, L.P.), Limited Liability Company Agreement
Requirements Applicable to All Dispositions and Admissions. Any Disposition of Membership Interests and any admission of an Assignee as a Member shall also be subject to the following requirements, and such Disposition (and admission, if applicable) shall not be effective unless such requirements are complied with; provided, however, that the Board, in its sole and absolute discretion, may waive any of the following requirements:
Appears in 17 contracts
Samples: Limited Liability Company Agreement (Sunoco Logistics Partners L.P.), Limited Liability Company Agreement (Penn Virginia GP Holdings, L.P.), Unitholders Agreement (Energy Transfer Partners, L.P.)
Requirements Applicable to All Dispositions and Admissions. Any Disposition of Membership Interests and any admission of an Assignee as a Member shall also be subject to the following requirements, and such Disposition (and admission, if applicable) shall not be effective unless such requirements are complied withmet:
Appears in 8 contracts
Samples: Limited Liability Company Agreement, Limited Liability Company Agreement (Marlin Midstream Partners, LP), Limited Liability Company Agreement (Marlin Midstream Partners, LP)
Requirements Applicable to All Dispositions and Admissions. Any In addition to the requirements set forth in Sections 3.03(a) or (b), as applicable, any Disposition of Membership Interests a Member's Units or any portion thereof, and any admission of an Assignee as a Member Member, shall also be subject to the following requirements, and such Disposition (and admission, if applicable) shall not be effective unless such requirements are complied with:
Appears in 3 contracts
Samples: Limited Liability Company Agreement, Limited Liability Company Agreement, Limited Liability Company Agreement
Requirements Applicable to All Dispositions and Admissions. Any In addition to the requirements set forth in this Section 3.03, any Disposition of a Membership Interests Interest and any admission of an Assignee as a Member shall also be subject to the following requirements, and such Disposition (and admission, if applicable) shall not be effective unless such requirements are complied with:
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Lazare Kaplan International Inc), Limited Liability Company Agreement (Lazare Kaplan International Inc)
Requirements Applicable to All Dispositions and Admissions. Any In addition to the requirements set forth in Sections 3.03(b)(i) and 3.03(b)(ii), any Disposition of a Membership Interests Interest and any admission of an Assignee as a Member shall also be subject to the following requirements, and such Disposition (and admission, if applicable) shall not be effective unless such requirements are complied with:
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Noble Environmental Power LLC), Limited Liability Company Agreement (Noble Environmental Power LLC)
Requirements Applicable to All Dispositions and Admissions. Any Disposition of Membership Interests and any admission of an Assignee as a Member shall also be subject to the following requirements, and such Disposition (and admission, if applicable) shall not be effective unless such requirements are complied with; provided, however, that the Members other than the Disposing Member, if any (the “Non-Disposing Members”), in their sole and absolute discretion, may waive any of the following requirements:
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Williams Partners L.P.), Limited Liability Company Agreement (Williams Partners L.P.)
Requirements Applicable to All Dispositions and Admissions. Any Disposition of any Membership Interests Interest, including a Permitted Disposition, and any admission of an Assignee as a Member shall also be subject to the following requirements, and such Disposition (and admission, if applicable) shall not be effective unless such requirements are complied with; provided, however, that the non-Disposing Members, in their sole and absolute discretion, may waive any of the following requirements:
Appears in 2 contracts
Samples: Limited Liability Company Agreement (GDT TEK, Inc.), Limited Liability Company Agreement (Composite Technology Corp)
Requirements Applicable to All Dispositions and Admissions. Any Disposition of Membership Interests an Interest and any admission of an Assignee as a Member shall also be subject to the following requirements, and such Disposition (and admission, if applicable) shall not be effective unless such requirements are complied with:
Appears in 1 contract
Samples: Limited Liability Company Agreement (Legacy Reserves L P)
Requirements Applicable to All Dispositions and Admissions. Any Disposition of a Membership Interests Interest and any admission of an Assignee as a Member shall also be subject to the following requirements, and such Disposition (and admission, if applicable) shall not be effective unless such requirements are complied with:; provided, however, that the Board, in its sole and absolute discretion, may waive any of the following requirements other than those in Section 6.7(a):
Appears in 1 contract
Samples: Limited Liability Company Agreement (K-Sea GP Holdings LP)
