Admission of Substituted Members. Subject to the other provisions of this Article 11, a transferee of Units may be admitted to the Company as a substituted Member only upon satisfaction of each of the conditions set forth in this Section 11.2:
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Samples: Company Operating Agreement (SRAM International Corp), Master Transaction Agreement (SRAM International Corp)
Admission of Substituted Members. Subject to the other provisions of this Article 11ARTICLE XI, a transferee of Units may in a Transfer from a Member permitted under Sections 11.1 and 11.2 above shall, if not a Member, be admitted to the Company as a substituted Member only upon satisfaction of each of the conditions set forth in this Section 11.2:Member.
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Samples: Operating Agreement (OCM HoldCo, LLC), Operating Agreement (OCM HoldCo, LLC)
Admission of Substituted Members. Subject to the other provisions of this Article 1112, a transferee of Units may be admitted to the Company as a substituted Member only upon satisfaction of each of the conditions set forth in this Section 11.212.2:
Appears in 1 contract
Samples: Limited Liability Company Operating Agreement (Black Elk Energy Finance Corp.)
Admission of Substituted Members. Subject to the other provisions of this Article 11, a transferee of Units may be admitted to the Company as a substituted Member only upon satisfaction of each of the conditions set forth in this Section 11.211.10:
Appears in 1 contract
Samples: Preferred Unit Purchase Agreement (Elandia International Inc.)
Admission of Substituted Members. Subject to the other provisions of this Article 1110, a transferee of Units may be admitted to the Company as a substituted Member only upon satisfaction of each of the conditions set forth in this Section 11.210.07:
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Admission of Substituted Members. Subject to the other provisions of this Article 11VIII, a transferee of Units a Common Unit may be admitted to the Company as a substituted Substituted Member only upon the written Approval of the Members and the satisfaction of each of the conditions set forth in this Section 11.2following conditions:
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Admission of Substituted Members. Subject to the other provisions of this Article 11X, a transferee of Units may be admitted to the Company as a substituted Member only upon satisfaction of each of the conditions set forth in this Section 11.210.3:
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Admission of Substituted Members. Subject to the other provisions of this Article 1112, a transferee of Units may be admitted to the Company as a substituted Member only upon satisfaction of each of the conditions set forth in this Section 11.212.7:
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Samples: Limited Liability Company Operating Agreement (Alliance Pharmaceutical Corp)
Admission of Substituted Members. Subject to the other provisions of this Article 11Section 8, a transferee of Units may be admitted to the Company as a substituted Member only upon satisfaction of each of the conditions set forth in this Section 11.28.6:
Appears in 1 contract
Samples: Operating Agreement
Admission of Substituted Members. Subject to the other provisions of this Article 11Section 8, a transferee of Units may be admitted to the Company as a substituted Member only upon satisfaction of each of the conditions set forth in this Section 11.2:8.6:
Appears in 1 contract
Samples: Operating Agreement
Admission of Substituted Members. Subject to the other provisions of this Article 11Section 11.8, a transferee Transferee of Units (whether as a result of a Permitted Transfer or otherwise) may be admitted to the Company as a substituted substitute Member (“Substituted Member”) only upon satisfaction of each of the conditions set forth in this Section 11.2following conditions, unless any such condition is waived by the Company:
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