Substitute Manager. Upon acceptance by the Members of an assignment by the Manager, any assignee of such Manager's interest in compliance with this Section 10 shall be substituted as the Manager.
Appears in 6 contracts
Sources: Operating Agreement (NNN 2003 Value Fund LLC), Operating Agreement (NNN 2002 Value Fund LLC), Operating Agreement (NNN 2002 Value Fund LLC)
Substitute Manager. Upon acceptance by the Members of an assignment by the Manager, any Any assignee of such all of a Manager's interest ’s Interest in compliance with this Section 10 shall automatically be substituted as the a Manager.
Appears in 5 contracts
Sources: Limited Liability Company Agreement (Cottonwood Multifamily Opportunity Fund, Inc.), Limited Liability Company Agreement (Vivakor, Inc.), Limited Liability Company Agreement (Vivakor, Inc.)
Substitute Manager. Upon acceptance by the Members of an assignment by the Manager, any assignee of such the Manager's ’s interest in compliance with this Section 10 shall be substituted as the Manager.
Appears in 4 contracts
Sources: Limited Liability Company Agreement (Vivakor, Inc.), Limited Liability Company Agreement (Vivakor, Inc.), Limited Liability Company Agreement (Vivakor, Inc.)
Substitute Manager. Upon acceptance by the Members of an assignment Assignment by the Manager, any assignee of such Manager's ’s interest in compliance with this Section 10 shall be substituted as the Manager.
Appears in 3 contracts
Sources: Operating Agreement, Operating Agreement, Operating Agreement
Substitute Manager. Upon acceptance by the Members of an assignment by the Manager, any assignee of such Manager's ’s interest in compliance with this Section 10 shall be substituted as the Manager.
Appears in 2 contracts
Sources: Operating Agreement, Operating Agreement (T Reit Inc)
Substitute Manager. Upon acceptance by the Preferred Members of an assignment by the ManagerManager of the entire Interest, any assignee of such Manager's interest ’s Interest in compliance with this Section 10 shall be substituted as the Manager.
Appears in 2 contracts
Sources: Limited Liability Company Agreement, Limited Liability Company Agreement
Substitute Manager. Upon acceptance by the Members of an assignment by the Manager, any assignee of such Manager's ’s interest in compliance with this Section Article 10 shall be substituted as the Manager.
Appears in 2 contracts
Sources: Operating Agreement, Operating Agreement
Substitute Manager. Upon acceptance by the Members of an assignment by ------------------- the Manager, any assignee of such Manager's interest in compliance with this Section 10 shall be substituted as the Manager.
Appears in 1 contract
Sources: Operating Agreement (T Reit Inc)
Substitute Manager. Upon acceptance by the Members of an assignment by the Manager, any assignee of such Manager's interest in compliance with this Section 10 9 shall be substituted as the Manager.
Appears in 1 contract
Sources: Operating Agreement (Terra Secured Income Fund 5, LLC)