Substituted Members. No transferee of a transferred Interest shall be admitted as a Member ("Substituted Member") until each of the following conditions has been satisfied:
Appears in 6 contracts
Samples: Limited Liability Company Agreement (Fortress Pinnacle Investment Fund LLC), Limited Liability Company Operating Agreement (Excelsior Venture Partners Iii LLC), Limited Liability Company Operating Agreement (Excelsior Venture Partners Fund Iii LLC)
Substituted Members. No transferee of a transferred Membership Interest shall be admitted as a Member ("“Substituted Member"”) until each of the following conditions has been satisfied:
Appears in 5 contracts
Samples: Limited Liability Company Agreement (UST Global Private Markets Fund, LLC), Limited Liability Company Agreement (Excelsior Private Markets Fund II (Master), LLC), Limited Liability Company Agreement (Excelsior Private Markets Fund II (TE), LLC)
Substituted Members. No transferee of a transferred Membership Interest shall be admitted as a Member ("each such transferee, a “Substituted Member"”) until each of the following conditions has been satisfied:
Appears in 3 contracts
Samples: Limited Liability Company Agreement (Excelsior Private Markets Fund III (TI), LLC), Limited Liability Company Agreement (Excelsior Private Markets Fund III (Master), LLC), Limited Liability Company Agreement (Excelsior Private Markets Fund III (TE), LLC)
Substituted Members. No transferee of a transferred Interest Units shall be admitted as a Member ("each such transferee, a “Substituted Member"”) until each of the following conditions has been satisfied:
Appears in 3 contracts
Samples: Limited Liability Company Agreement (NB Crossroads Private Markets Fund IV (TI) - Client LLC), Limited Liability Company Agreement (NB Crossroads Private Markets Fund IV Holdings LLC), Limited Liability Company Agreement (NB Crossroads Private Markets Fund IV (TE) - Client LLC)
Substituted Members. No transferee of a transferred Interest Shares shall be admitted as a Member (each such transferee, a "Substituted Member") until each of the following conditions has been satisfied:
Appears in 1 contract
Samples: Limited Liability Company Agreement (NB Crossroads Private Markets Access Fund LLC)
