Common use of Substitute Members Clause in Contracts

Substitute Members. No assignee of a Member's interest (other than an assignee which is already a Member) shall have the right to be admitted as a substitute member in place of the assignor (a "Substitute Member") unless:

Appears in 3 contracts

Samples: Collaboration Agreement (Dyax Corp), Operating Agreement (Genzyme Transgenics Corp), Collaboration Agreement (Dyax Corp)

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Substitute Members. No assignee of a Member's interest (other than an assignee which is already a Member) shall have the right to be admitted as a substitute member in place of the assignor (a "Substitute MemberSUBSTITUTE MEMBER") unless:

Appears in 2 contracts

Samples: Operating Agreement (Geltex Pharmaceuticals Inc), Operating Agreement (Geltex Pharmaceuticals Inc)

Substitute Members. No assignee of a Member's interest (other than an assignee which is already a Member) shall have the right to be admitted as a substitute member in place of the assignor (a "Substitute Member") in place of the assignor unless:

Appears in 1 contract

Samples: Operating Agreement (Ariad Pharmaceuticals Inc)

Substitute Members. No Except for an assignee of a Member's interest in accordance with the second sentence of Section 8.01 (other than an a), who shall be admitted as a Substitute Member, no assignee which is already of a Member) 's interest shall have the right to be admitted as a substitute member Substitute Member in place of the assignor (a "Substitute Member") unless:

Appears in 1 contract

Samples: Limited Liability Company Agreement (Cyberkinetics Neurotechnology Systems, Inc.)

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Substitute Members. No assignee of a Member's interest (other than an ------------------ assignee which is already a Member) shall have the right to be admitted as a substitute member in place of the assignor (a "Substitute Member") unless:: -----------------

Appears in 1 contract

Samples: Operating Agreement (Biomarin Pharmaceutical Inc)

Substitute Members. No assignee of a Member's interest (other than an assignee which is already a Member) shall have the right to be admitted as a substitute member Substitute Member in place of the assignor (a "Substitute Member") unless:

Appears in 1 contract

Samples: Operating Agreement (Diacrin Inc /De/)

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