Common use of Assignments Clause in Contracts

Assignments. The Member may at any time assign in whole or in part its limited liability company interest in the Company. If the Member transfers all of its interest in the Company pursuant to this Section 18, the transferee shall be admitted to the Company upon its execution of an instrument signifying its agreement to be bound by the terms and conditions of this Agreement. Such admission shall be deemed effective immediately prior to the transfer, and, immediately following such admission, the transferor Member shall cease to be a member of the Company.

Appears in 142 contracts

Samples: Limited Liability Company Agreement (CSE Ripon LLC), Limited Liability Company Agreement (Hot Springs Cottages Owner, LLC), Limited Liability Company Agreement (Hot Springs Cottages Owner, LLC)

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Assignments. The Member may at any time assign in whole or in part its limited liability company interest in the Company. If the Member transfers all any of its interest in the Company pursuant to this Section 18Section, the transferee shall be admitted to the Company Company, subject to Section 21, upon its execution of an instrument signifying its agreement to be bound by the terms and conditions of this Agreement. Such If the Member transfers all of its interest in the Company pursuant to this Section, such admission shall be deemed effective immediately prior to the transfer, and, immediately following such admission, the transferor Member shall cease to be a member of the Company.

Appears in 29 contracts

Samples: Limited Liability Company Agreement (Sprint Capital Corp), Limited Liability Company Agreement (Sprint Capital Corp), Limited Liability Company Agreement (Sprint Capital Corp)

Assignments. The Member may at any time assign in whole or in part its limited liability company interest in the Companyinterest. If the Member transfers all of its interest in the Company pursuant to this Section 1819, the transferee shall be admitted to the Company upon its execution of an instrument signifying its agreement to be bound by the terms and conditions of this Agreement. Such admission shall be deemed effective immediately prior to the transfer, and, immediately following such admission, the transferor Member shall cease to be a member of the Company.

Appears in 28 contracts

Samples: LLC Operating Agreement, Limited Liability Company Agreement (Detroit Radio, LLC), Limited Liability Company Agreement (Detroit Radio, LLC)

Assignments. The Member may at any time assign in whole or in part its limited liability company interest in the Company. If the Member transfers all of its interest in the Company pursuant to this Section 1816, the transferee shall be admitted to the Company upon its execution of an instrument signifying its agreement to be bound by the terms and conditions of this Agreement. Such admission shall be deemed effective immediately prior to the transfer, and, immediately following such admission, the transferor Member shall cease to be a member of the Company.

Appears in 28 contracts

Samples: Limited Liability Company Agreement (Transact LTD), Limited Liability Company Agreement (Terminix Global Holdings Inc), Operating Agreement (Green America Recycling, LLC)

Assignments. The A Member may at any time assign in whole or in part its limited liability company interest in by a written instrument executed by the CompanyMember. If the a Member transfers all of its interest in the Company pursuant to this Section 18Section, the transferee shall be admitted to the Company upon its execution of an instrument signifying its agreement to be bound by the terms and conditions of this Agreement. Such admission shall be deemed effective immediately prior to the transfer, and, immediately following such admission, the transferor Member shall cease to be a member of the Company.

Appears in 25 contracts

Samples: Limited Liability Company Agreement (Jacobs Entertainment Inc), Limited Liability Company Agreement (Jacobs Entertainment Inc), Limited Liability Company Agreement (Jacobs Entertainment Inc)

Assignments. The A Member may at any time assign in whole or in part its limited liability company interest in with the Companywritten consent of the Member. If the a Member transfers all of its interest in the Company pursuant to this Section 18Section, the transferee shall be admitted to the Company upon its execution of an instrument signifying its agreement to be bound by the terms and conditions of this Agreement. Such admission shall be deemed effective immediately prior to the transfer, and, immediately following such admission, the transferor Member shall cease to be a member of the Company.

Appears in 21 contracts

Samples: Limited Liability Company Agreement (SG Commercial Mortgage Securities, LLC), Limited Liability Company Agreement (Universal Outdoor Inc), Limited Liability Company Agreement (SG Commercial Mortgage Securities, LLC)

Assignments. The Member may at any time assign assign, in whole or in part part, its limited liability company interest in the CompanyCompany (and related Units). If the Member transfers all of its interest in the Company pursuant to this Section 1817, the transferee shall be admitted to the Company upon its execution of an instrument signifying its agreement to be bound by the terms and conditions of this Agreement. Such admission shall be deemed effective immediately prior to the transfer, and, immediately following such admission, the transferor Member shall cease to be a member of the Company.

Appears in 17 contracts

Samples: Limited Liability Company Agreement (Barrington Quincy LLC), Limited Liability Company Agreement (Barrington Quincy LLC), Limited Liability Company Agreement (Barrington Quincy LLC)

Assignments. The Member may at any time assign assign, in whole or in part part, its limited liability company interest in the Company. If the Member transfers all of its interest in the Company pursuant to this Section 1817, the transferee shall be admitted to the Company upon its execution of an instrument signifying its agreement to be bound by the terms and conditions of this Agreement. Such admission shall be deemed effective immediately prior to the transfer, and, immediately following such admission, the transferor Member shall cease to be a member of the Company.

Appears in 16 contracts

Samples: Limited Liability Company Agreement (Barrington Quincy LLC), Limited Liability Company Agreement (Barrington Quincy LLC), Limited Liability Company Agreement (Barrington Quincy LLC)

Assignments. The Member may at any time assign in whole or in part its limited liability company interest in the Company. If ; provided, however, that if the Member transfers all of its interest in the Company pursuant to this Section 18, the transferee shall be admitted to the Company upon its execution of an instrument signifying its agreement to be bound by the terms and conditions of this Agreement. Such admission shall be deemed effective immediately prior to the transfer, and, immediately following such admission, the transferor Member shall cease to be a member of the Company.

Appears in 16 contracts

Samples: Operating Agreement (Pyramid Communication Services, Inc.), Limited Liability Company Agreement (U.S. Energy Partners LLC), Operating Agreement (U.S. Energy Partners LLC)

Assignments. The Member may at any time assign in whole or in part its limited liability company interest in the Company. If the Member transfers all of its interest in the Company pursuant to this Section 18Section, the transferee shall be admitted to the Company upon its execution of an instrument signifying its agreement to be bound by the terms and conditions of this Agreement. Such admission shall be deemed effective immediately prior to the transfer, and, immediately following such admission, the transferor Member shall cease to be a member of the Company.

Appears in 15 contracts

Samples: Limited Liability Company Agreement (QualityTech, LP), Limited Liability Company Agreement (QualityTech, LP), Limited Liability Company Agreement (QualityTech, LP)

Assignments. The Member may at any time assign in whole or in part its limited liability company interest in the Companyinterest. If the Member transfers all of its interest in the Company pursuant to this Section 18Section, the transferee shall be admitted to the Company upon its execution of an instrument signifying its agreement to be bound by the terms and conditions of this Agreement. Such admission shall be deemed effective immediately prior to the transfer, and, immediately following such admission, the transferor Member shall cease to be a member of the Company.

Appears in 14 contracts

Samples: Limited Liability Company Agreement (OCH International, Inc.), Limited Liability Company Agreement (QualityTech, LP), Limited Liability Company Agreement (QualityTech, LP)

Assignments. The Member A member may at any time assign in whole or in part its limited liability company interest in the Companyinterest. If the Member a member transfers all of its interest in the Company pursuant to this Section 18Section, the transferee shall be admitted to the Company upon its execution of an instrument signifying its agreement to be bound by the terms and conditions of this Agreement. Such admission shall be deemed effective immediately prior to the transfer, and, immediately following such admission, the transferor Member member shall cease to be a member of the Company.

Appears in 8 contracts

Samples: Limited Liability Company Operating Agreement (FanSided Inc.), Limited Liability Company Operating Agreement (FanSided Inc.), Limited Liability Company Operating Agreement (FanSided Inc.)

Assignments. The Member may at any time assign in whole or in part its limited liability company interest in the Company. If the Member transfers all of its the Member’s interest in the Company pursuant to this Section 18, then the transferee shall be admitted to the Company upon its on the transferee’s execution of an instrument signifying its the transferee’s agreement to be bound by the terms and conditions of this Agreement. Such admission shall be deemed effective immediately prior to the transfer, and, immediately following such admission, the transferor Member shall cease to be a member of the Company.

Appears in 7 contracts

Samples: Operating Agreement (Bellingham II Associates, L.L.C.), Operating Agreement (Bellingham II Associates, L.L.C.), Operating Agreement (Bellingham II Associates, L.L.C.)

Assignments. The Member may at any time assign in whole or in part its limited liability company interest in the Company. If the Member transfers all of its interest in the Company pursuant to this Section 18, the The transferee shall be admitted to the Company upon its execution of an instrument signifying its agreement to be bound by the terms and conditions of this Agreement. Such If the Member transfers all of its interest in the Company pursuant to this Section 16, such admission shall be deemed effective immediately prior to the transfer, and, immediately following such admission, the transferor Member shall cease to be a member of the Company.

Appears in 7 contracts

Samples: Limited Liability Company Agreement (Tempur Retail Stores, LLC), Limited Liability Company Agreement (Sealy US Sales, LLC), Limited Liability Company Agreement (Sealy US Sales, LLC)

Assignments. The Member may at any time assign in whole or in part its limited liability company interest in the Company. If the Member transfers all of its interest in the Company pursuant to this Section 1819, the transferee shall be admitted to the Company upon its execution of an instrument signifying its agreement to be bound by the terms and conditions of this Agreement. Such admission shall be deemed effective immediately prior to the transfer, and, immediately following such admission, the transferor Member shall cease to be a member of the Company.

Appears in 7 contracts

Samples: Limited Liability Company Agreement (Bellingham II Associates, L.L.C.), Operating Agreement (Bellingham II Associates, L.L.C.), Operating Agreement (Bellingham II Associates, L.L.C.)

Assignments. The Member may at any time assign in whole or in part its limited liability company interest in the Company. If the Member transfers any or all of its limited liability company interest in the Company pursuant to this Section 1819, the transferee shall be admitted to the Company as a member of the Company upon its execution of an instrument signifying its agreement to be bound by the terms and conditions of this Agreement, which instrument may be a counterpart signature page to this Agreement. Such admission shall be deemed effective immediately prior to the transfer, and, immediately following such admissionif the transfer is a transfer of the transferor Member's entire limited liability company interest in the Company, the transferor Member shall cease to be a member of the CompanyCompany immediately following such admission.

Appears in 6 contracts

Samples: Limited Liability Comp Any Agreement (Public Service Electric & Gas Co), Limited Liability Company Agreement (Pseg Fossil LLC), Limited Liability Company Agreement (Pseg Fossil LLC)

Assignments. The Member may at any time assign in whole or in part its limited liability company interest in the Company. If the Member transfers all of its interest in the Company pursuant to this Section 1820, the transferee shall be admitted to the Company as a Member of the Company upon its execution of an instrument signifying its agreement to be bound by the terms and conditions of this Agreement. Such admission shall be deemed effective immediately prior to the transfer, and, immediately following such admission, the transferor Member shall cease to be a member Member of the Company.

Appears in 6 contracts

Samples: Limited Liability Company Agreement (Dole Food Co Inc), Limited Liability Company Agreement (Dole Food Co Inc), Limited Liability Company Agreement (Dole Food Co Inc)

Assignments. The Member may at any time assign in whole or in part its limited liability company interest in the Company. If the Member transfers all of its interest in the Company pursuant to this Section 1819, the transferee shall be admitted to the Company as a member upon its execution of an instrument signifying its agreement to be bound by the terms and conditions of this Agreement. Such admission shall be deemed effective immediately prior to the transfer, and, immediately following such admission, the transferor Member shall cease to be a member of the Company.

Appears in 6 contracts

Samples: Limited Liability Company Agreement (Land O Lakes Inc), Limited Liability Company Agreement (Land O Lakes Inc), Limited Liability Company Agreement (Land O Lakes Inc)

Assignments. The Member A member of the Company may at any time assign in whole or in part its limited liability company interest in with the Companywritten consent of the Member. If a member of the Member Company transfers all of its interest in the Company pursuant to this Section 1819, the transferee shall be admitted to the Company upon its execution of an instrument signifying its agreement to be bound by the terms and conditions of this Agreement. Such admission shall be deemed effective immediately prior to the transfer, and, immediately following such admission, the transferor Member member shall cease to be a member of the Company.

Appears in 5 contracts

Samples: Limited Liability Company Agreement (Deutsche Bank Contingent Capital LLC V), Limited Liability Company Agreement (Deutsche Bank Capital Funding Trust XII), Limited Liability Company Agreement (Deutsche Bank Capital Funding LLC X)

Assignments. The Member may at any time assign in whole or in part its limited liability company interest in the Company. If the Member transfers all of its interest in the Company pursuant to this Section 18, the transferee shall be admitted to the Company upon its execution of an instrument signifying its agreement to be bound by the terms and conditions of this Agreement. Such admission shall be deemed effective immediately prior to the transfer, and, immediately following such admission, the transferor Member shall cease to be a member of the Company. 19.

Appears in 4 contracts

Samples: Limited Liability Company Agreement (Pepco Holdings Inc), Limited Liability Company Agreement (Pepco Holdings Inc), Limited Liability Agreement (Pepco Holdings Inc)

Assignments. The A Member may at any time assign in whole or in part its limited liability company interest in Shares with the Companywritten consent of the Member. If the a Member transfers all of its interest in the Company Shares pursuant to this Section 18, the transferee shall be admitted to the Company upon its execution of an instrument signifying its agreement to be bound by the terms and conditions of this Agreement. Such admission shall be deemed effective immediately prior to the transfer, and, immediately following such admission, the transferor Member shall cease to be a member of the Company.

Appears in 4 contracts

Samples: Limited Liability Company Agreement (Entergy Corp /De/), Limited Liability Company Agreement (Entergy Corp /De/), Limited Liability Company Agreement (Entergy Corp /De/)

Assignments. The Member may at any time assign in whole or in part its limited liability company interest in the Company. If the Member transfers all of its interest in the Company pursuant to this Section 1815, the transferee shall be admitted to the Company upon its execution of an instrument signifying its agreement to be bound by the terms and conditions of this Agreement. Such admission shall be deemed effective immediately prior to the transfer, and, immediately following such admission, the transferor Member shall cease to be a member of the Company.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (Weber Inc.), Limited Liability Company Agreement (Weber Inc.), Operating Agreement (Green America Recycling, LLC)

Assignments. The Member may at any time assign in whole or in part its limited liability company interest in the Company. If the Member transfers all of its limited liability company interest in the Company pursuant to this Section 18, the transferee shall be admitted to the Company as a member of the Company upon its execution of an instrument signifying its agreement to be bound by the terms and conditions of this Agreement, which instrument may be a counterpart signature page to this Agreement. Such admission shall be deemed effective immediately prior to the transfer, and, immediately following such admission, the transferor Member shall cease to be a member of the Company.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (CIT Group/Corporate Aviation, Inc.), Limited Liability Company Agreement (CIT Group/Corporate Aviation, Inc.), Limited Liability Company Agreement (CIT Group/Corporate Aviation, Inc.)

Assignments. The Member may at any time assign in whole or in part its limited liability company interest in the Companyinterest. If the Member transfers all of its interest in the Company pursuant to this Section 18Section, the admission of the transferee shall be admitted to as a member of the Company upon its execution of an instrument signifying its agreement to be bound by the terms and conditions of this Agreement. Such admission shall be deemed effective immediately prior to the transfer, and, immediately following such admission, the transferor Member shall cease to be a member of the Company.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (BarkPark, LLC), Limited Liability Company Agreement (Endurance International Group, Inc.), Operating Agreement (Cogent Management Inc)

Assignments. The Member may at any time assign in whole or in part its limited liability company interest in the Company. If the Member transfers all of its interest in the Company pursuant to this Section 1817, the transferee shall be admitted to the Company upon its execution of an instrument signifying its agreement to be bound by the terms and conditions of this Agreement. Such admission shall be deemed effective immediately prior to the transfer, and, immediately following such admission, the transferor Member shall cease to be a member of the Company.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (VWR, Inc.), Limited Liability Company Agreement (Teppco Partners Lp), Limited Liability Company Agreement (RPP Capital Corp)

Assignments. The A Member may at any time assign in whole or in part its limited liability company interest in with the Companywritten consent of all other Members. If the a Member transfers all of its interest in the Company pursuant to this Section 18Section, the transferee shall be admitted to the Company upon its execution of an instrument signifying its agreement to be bound by the terms and conditions of this Agreement. Such admission shall be deemed effective immediately prior to the transfer, and, immediately following such admission, the transferor Member shall cease to be a member of the Company.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (Triton Coal Company, L.L.C.), Limited Liability Company Agreement (Triton Coal Company, L.L.C.), Limited Liability Company Agreement (Arch of Wyoming LLC)

Assignments. The Member may at any time assign in whole or in part its limited liability company interest in the Company. If the Member transfers all of its interest in the Company pursuant to this Section 18Section, the transferee shall be admitted to the Company upon its execution of an instrument signifying its agreement to be bound by the terms and conditions of this Agreement. Such admission shall be deemed effective immediately prior to the transfer, and, immediately following such admission, the transferor Member shall cease to be a member of the Company.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (Verizon Wireless Capital LLC), Limited Liability Company Agreement (Dresser-Rand Global Services, L.L.C.), Limited Liability Company Agreement (Murrays Discount Auto Stores, Inc.)

Assignments. The Member may at any time assign in whole or in part its limited liability company interest in the Company. If the Member transfers all any of its interest in the Company pursuant to this Section 18Section, the transferee shall be admitted to the Company upon its execution of an instrument signifying its agreement to be bound by the terms and conditions of this Agreement. Such If a Member transfers all of its interest in the Company, such admission shall be deemed effective immediately prior to the transfer, and, immediately following such admission, the transferor Member shall cease to be a member of the Company.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (Summit Materials, LLC), Operating Agreement (Austin Materials, LLC), Limited Liability Company Agreement (B&H Contracting, L.P.)

Assignments. The Member may at any time assign in whole or in part its limited ----------- liability company interest in the Companyinterest. If the a Member transfers all of its interest in the Company pursuant to this Section 18, the transferee shall be admitted to the Company upon its execution of an instrument signifying its agreement to be bound by the terms and conditions of this Agreement. Such admission shall be deemed effective immediately prior to the transfer, and, immediately following such admission, the transferor Member shall cease to be a member of the Company.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (Capital One Financial Corp), Limited Liability Company Agreement (Capital One Financial Corp), Limited Liability Company Agreement (Capital One Financial Corp)

Assignments. The Member A member of the Company may at any time assign in whole or in part its limited liability company interest in with the Companywritten consent of the Member. If a member of the Member Company transfers all of its interest in the Company pursuant to this Section 18Section, the transferee shall be admitted to the Company upon its execution of an instrument signifying its agreement to be bound by the terms and conditions of this Agreement. Such admission shall be deemed effective immediately prior to the transfer, and, immediately following such admission, the transferor Member member shall cease to be a member of the Company.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (Credit Suisse Group), Limited Liability Company Agreement (Credit Suisse Group), Limited Liability Company Agreement (Credit Suisse Group)

Assignments. The A Member may at any time assign in whole or in part its limited ----------- liability company interest in the CompanyCompany with the written consent of the Member. If the a Member transfers all of its interest in the Company pursuant to this Section 18Section, the transferee shall be admitted to the Company upon its execution of an instrument signifying its agreement to be bound by the terms and conditions of this Agreement. Such admission shall be deemed effective immediately prior to the transfer, and, immediately following such admission, the transferor Member shall cease to be a member of the Company.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (Sdg&e Funding LLC a De Limited Liability Co), Limited Liability Company Agreement (Pg&e Funding LLC), Limited Liability Company Agreement (Sce Funding LLC)

Assignments. The Subject to any transfer restrictions contained in the Loan Documents, the Member may at any time assign in whole or in part its limited liability company interest in the Company. If the Member transfers all of its limited liability company interest in the Company pursuant to this Section 1819, the transferee shall be admitted to the Company as a member of the Company upon its execution of an instrument signifying its agreement to be bound by the terms and conditions of this Agreement, which instrument may be a counterpart signature page to this Agreement. Such admission shall be deemed effective immediately prior to the transfer, transfer and, immediately following such admission, the transferor Member shall cease to be a member of the Company.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Bluerock Residential Growth REIT, Inc.), Limited Liability Company Agreement (Bluerock Residential Growth REIT, Inc.)

Assignments. The Member may at any time assign in whole or in part its limited liability company interest in the Company. If the Member transfers all of its interest in the Company pursuant to this Section 18, the The transferee shall be admitted to the Company as a member upon its execution of an instrument signifying its agreement to be bound by the terms and conditions of this Agreement. Such If the Member transfers all of its interest in the Company pursuant to this Section 18, such admission shall be deemed effective immediately prior to the transfer, and, immediately following such admission, the transferor Member shall cease to be a member of the Company.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (PSE&G Transition Funding II LLC), Limited Liability Company Agreement (J P Morgan Atlas Global Long / Short Equity Fund LLC)

Assignments. The Member may at any time assign in whole or in part its limited liability company interest in the CompanyInterests. If the Member transfers all of its interest in the Company Interests pursuant to this Section 18, 17 the transferee shall be admitted to the Company as a member of the Company upon its execution of an instrument signifying its agreement to be bound by the terms and conditions of this Agreement, which instrument may be a counterpart signature page to this Agreement. Such admission shall be deemed effective immediately prior to the transfer, and, immediately following such admission, the transferor Member shall cease to be a member of the Company.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (NCA Resources Development Co LLC), Limited Liability Company Agreement (NCA Resources Development Co LLC)

Assignments. The Member may at any time assign in whole or in part its limited liability company interest in the Company. If the Member transfers any or all of its limited liability company interest in the Company pursuant to this Section 1820, the transferee shall be admitted to the Company as a member of the Company upon its execution of an instrument signifying its agreement to be bound by the terms and conditions of this Agreement, which instrument may be a counterpart signature page to this Agreement. Such admission shall be deemed effective immediately prior to the transfer, and, immediately following such admission, the transferor Member shall cease to be a member of the Company.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Jcp&l Transition Funding LLC), Limited Liability Company Agreement (Gpu Inc /Pa/)

Assignments. The Member may at any time assign in whole or in part its limited liability company interest interests in the Company. If the Member transfers all of its interest interests in the Company pursuant to this Section 1819, the transferee shall be admitted to the Company upon its execution of an instrument signifying its agreement to be bound by the terms and conditions of this Agreement. Such admission shall be deemed effective immediately prior to the transfer, and, immediately following such admission, the transferor Member shall cease to be a member of the Company.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Covalence Specialty Adhesives LLC), Limited Liability Company Agreement (Covalence Specialty Adhesives LLC)

Assignments. The Member may at any time assign in whole or in part its limited liability company interest in the Companyinterest. If the Member transfers all of its interest in the Company pursuant to this Section 1817, the transferee shall be admitted to the Company upon its execution of an instrument signifying its agreement to be bound by the terms and conditions of this Agreement. Such admission shall be deemed effective immediately prior to the transfer, and, immediately following such admission, the transferor Member shall cease to be a member of the Company.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (QualityTech, LP), Limited Liability Company Agreement (QualityTech, LP)

Assignments. The Member may at any time assign in whole or in part its limited liability company interest in the Company. If Subject to Section 21, if the Member transfers any or all of its limited liability company interest in the Company pursuant to this Section 1820, the transferee shall be admitted to the Company as a member of the Company upon its execution of an instrument signifying its agreement to be bound by the terms and conditions of this Agreement, which instrument may be a counterpart signature page to this Agreement. Such If the Member transfers all of its limited liability company interest in the Company, such admission shall be deemed effective immediately prior to the transfer, and, immediately following such admission, the transferor Member shall cease to be a member of the Company.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (JCP&L Transition Funding II LLC), Limited Liability Company Agreement (RSB Bondco LLC)

Assignments. The Member may at any time assign in whole or in part its limited liability company interest in the Company. If the Member transfers all of its interest in the Company pursuant to this Section 18, the transferee shall be admitted to the Company upon its execution of an instrument signifying its agreement to be bound by the terms and conditions of this Agreement. Such admission shall be deemed effective immediately prior to the transfer, and, immediately following such admission, the transferor Member shall cease to be a member of the Company.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Mueller Group, Inc.), Limited Liability Company Agreement (Verizon Wireless Capital LLC)

Assignments. The Member may at any time assign in whole or in part its limited liability company interest in the Company. If ; provided, however, that if the Member transfers all of its interest in the Company pursuant to this Section 1819, the transferee shall be admitted to the Company upon its execution of an instrument signifying its agreement to be bound by the terms and conditions of this Agreement. Such admission shall be deemed effective immediately prior to the transfer, and, immediately following such admission, the transferor Member shall cease to be a member of the Company.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Phoenix Residential Securities, LLC), Limited Liability Company Agreement (Residential Capital Corp)

Assignments. The Member may at any time assign in whole or in part its limited liability company interest in the Company. If the Member transfers all of its interest in the Company pursuant to this Section 1817, the transferee shall be admitted to the Company upon its execution of an instrument signifying its agreement to be bound by the terms and conditions of this Agreement. Such admission shall be deemed effective immediately prior to the transfer, and, immediately following such admission, the transferor Member shall cease to be a member of the Company. 18.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Pepco Holdings Inc), Limited Liability Company Agreement (Pepco Holdings Inc)

Assignments. The Member may at any time assign in whole or in part its limited liability company interest in the CompanyInterests. If the Member transfers all of its interest in the Company Interests pursuant to this Section 18, 17 the transferee shall be admitted to the Company as a member of the Company upon its execution of an instrument signifying its agreement to be bound by the terms and conditions of this Agreement. , which instrument may be a counterpart signature page to this Agreement, Such admission shall be deemed effective immediately prior to the transfer, and, immediately following such admission, the transferor Member shall cease to be a member of the Company.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (NCA Resources Development Co LLC), Limited Liability Company Agreement (NCA Resources Development Co LLC)

Assignments. The Member may at any time assign in whole or in part its limited liability company interest in the Company. If the Member transfers all of its limited liability company interest in the Company pursuant to this Section 1817, the transferee shall be admitted to the Company as a member of the Company upon its execution of an instrument signifying its agreement to be bound by the terms and conditions of this Agreement, which instrument may be a counterpart signature page to this Agreement. Such admission shall be deemed effective immediately prior to the transfer, and, immediately following such admission, the transferor Member shall cease to be a member of the Company.

Appears in 1 contract

Samples: Limited Liability Company Agreement (CIT Group/Corporate Aviation, Inc.)

Assignments. The Member may at any time assign in whole or in part its limited liability company interest in the Company. If ; provided, however, that if the Member transfers all of its interest in the Company pursuant to this Section 1816, the transferee shall be admitted to the Company upon its execution of an instrument signifying its agreement to be bound by the terms and conditions of this Agreement. Such admission shall be deemed effective immediately prior to the transfer, and, immediately following such admission, the transferor Member shall cease to be a member of the Company.

Appears in 1 contract

Samples: Operating Agreement (U.S. Energy Partners LLC)

Assignments. The Member may at any time assign in whole or in part its limited liability company interest in the Company. If the Member transfers any or all of its limited liability company interest in the Company pursuant to this Section 18, the transferee shall be admitted to the Company as a member of the Company upon its execution of an instrument signifying its agreement to be bound by the terms and conditions of this Agreement, which instrument may be a counterpart signature page to this Agreement. Such admission shall be deemed effective immediately prior to the transfer, and, immediately following such admission, the transferor Member shall cease to be a member of the Company.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Gpu Inc /Pa/)

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Assignments. The Member may at any time assign in whole or in part its limited liability company interest in the Company. Any such assignment shall comply with all applicable law. If the Member transfers all any of its interest in the Company pursuant to this Section 18Section, the transferee shall be admitted to the Company upon its execution of an instrument signifying its agreement to be bound by the terms and conditions of this Agreement. Such If a Member transfers all of its interest in the Company, such admission shall be deemed effective immediately prior to the transfer, and, immediately following such admission, the transferor Member shall cease to be a member of the Company.

Appears in 1 contract

Samples: Limited Liability Company Agreement

Assignments. The Member may at any time assign in whole or in part its limited liability company interest in the Company. If the Member transfers all of its interest in the Company pursuant to this Section 18, the The transferee shall be admitted to the Company upon on its execution of signing an instrument signifying its agreement to be bound by the terms and conditions of this Agreement. Such If the Member transfers all of its interest in the Company under this Section 16, such admission shall be deemed effective immediately prior to the transfer, and, immediately following such admission, the transferor Member shall cease to be a member of the Company.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Unit Petroleum Co)

Assignments. The Member may at any time assign in whole or whole, but not in part part, its limited liability company interest Interests in the Company. If the Member transfers assigns all of its interest Interests in the Company pursuant to this Section 1819, the transferee shall be admitted to the Company as a member of the Company upon its execution of an instrument signifying its agreement to be bound by the terms and conditions of this Agreement, which instrument may be a counterpart signature page to this Agreement. Such admission shall be deemed effective immediately prior to the transferassignment, and, immediately following such admission, the transferor Member shall cease to be a member of the Company.

Appears in 1 contract

Samples: Limited Liability Company Agreement (CIT Group Funding CO of Canada)

Assignments. The Member may at any time assign in whole or in part its limited liability company interest in with the Companywritten consent of the Member. If the Member transfers all of its interest in the Company pursuant to this Section 18Section, the transferee shall be admitted to the Company upon its execution of an instrument signifying its agreement to be bound by the terms and conditions of this Agreement. Such admission shall be deemed effective immediately prior to the transfer, and, immediately following such admission, the transferor Member shall cease to be a member of the Company.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Qimonda Finance LLC)

Assignments. The Member may at any time assign in whole or in part its limited liability company interest in the Company. If the Member transfers all of its interest in the Company pursuant to this Section 18, the The transferee shall be admitted to the Company as a member upon its execution of an instrument signifying its agreement to be bound by the terms and conditions of this Agreement. Such If the Member transfers all of its interest in the Company pursuant to this Section 17, such admission shall be deemed effective immediately prior to the transfer, and, immediately following such admission, the transferor Member shall cease to be a member of the Company.

Appears in 1 contract

Samples: Limited Liability Company Agreement (M&i Capital E LLC)

Assignments. The Member Any member may at any time assign in whole or in part his limited liability company interest only with the prior written consent of the Member; provided, however, that if a member transfers all of its limited liability company interest in the Company. If the Member transfers all of its interest in the Company pursuant to this Section 1821, the transferee shall be admitted to the Company upon its execution of an instrument signifying its agreement to be bound by the terms and conditions of this Agreement. Such admission shall be deemed effective immediately prior to the transfer, and, immediately following such admission, the transferor Member member shall cease to be a member of the Company.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Level 3 Communications Inc)

Assignments. The A Member may at any time assign in whole or in part its limited liability company interest in with the Companywritten consent of all other Members, if any. If the a Member transfers all of its interest in the Company pursuant to this Section 18Section, the transferee shall be admitted to the Company upon its execution of an instrument signifying its agreement to be bound by the terms and conditions of this Agreement. Such admission shall be deemed effective immediately prior to the transfer, and, immediately following such admission, the transferor Member shall cease to be a member of the Company.

Appears in 1 contract

Samples: Limited Liability Company Agreement (New Aristotle Holdings, Inc.)

Assignments. The Member may at any time assign in whole or in part its limited liability company interest in the Company. The transferee shall be admitted to the Company on its signing an instrument signifying its agreement to be bound by the ‘terms and conditions of this Agreement. If the Member transfers all of its interest in the Company pursuant to under this Section 1816, the transferee shall be admitted to the Company upon its execution of an instrument signifying its agreement to be bound by the terms and conditions of this Agreement. Such such admission shall be deemed effective immediately prior to the transfer, and, immediately following such admission, the transferor Member shall cease to be a member of the Company.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Unit Petroleum Co)

Assignments. The Member may at any time assign in whole or in part its limited liability company interest in the Companyby written consent. If the Member transfers all or any part of its interest in the Company pursuant to this Section 18Section, the transferee shall will be admitted to the Company upon its execution of an instrument signifying its agreement to be bound by the terms and conditions of this Agreement. Such If the Member transfers all of its interest in the Company pursuant to this Section, such admission shall will be deemed effective immediately prior to the transfer, and, immediately following such admission, the transferor Member shall will cease to be a member of the Company.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Advanced BioEnergy, LLC)

Assignments. The Member may at any time assign in whole or in part its limited liability company interest in the Company. If the Member transfers all of its interest in the Company pursuant to this Section 18, the The transferee shall be admitted to the Company as a member upon its execution of an instrument signifying its agreement to be bound by the terms and conditions of this Agreement. Such If the Member transfers all of its interest in the Company pursuant to this Section 20, such admission shall be deemed effective immediately prior to the transfer, and, immediately following such admission, the transferor Member shall cease to be a member of the Company.

Appears in 1 contract

Samples: Limited Liability Company Agreement

Assignments. The A Member may at any time assign in whole or in part its limited liability company interest in the CompanyCompany with the written consent of the Member. If the a Member transfers all of its interest in the Company pursuant to this Section 18Section, the transferee shall be admitted to the Company upon its execution of an instrument signifying its agreement to be bound by the terms and conditions of this Agreement. Such admission shall be deemed effective immediately prior to the transfer, and, immediately following such admission, the transferor Member shall cease to be a member of the Company.

Appears in 1 contract

Samples: Limited Liability Company Agreement (West Penn Funding LLC)

Assignments. The Member Members may at any time assign in whole or in part its limited liability company interest in the Company. If the Member transfers all of its interest in the Company pursuant to this Section 18, the transferee shall be admitted to the Company upon its execution of an instrument signifying its agreement to be bound by the terms and conditions of this Agreement. Such admission admission, shall be deemed effective immediately prior to the transfer, and, immediately following such admission, the transferor Member shall cease to be a member of the Company.

Appears in 1 contract

Samples: Limited Liability Company Agreement (2420 Lakemont Avenue MM, LLC)

Assignments. The Member may at any time assign in whole or in part its limited liability company interest in accordance with Section 608.432 of the CompanyAct. If the Member transfers all of its interest in the Company pursuant to this Section 1819, the transferee shall be admitted to the Company as a member with all of Member’s rights, powers and liabilities under this Agreement, upon its such transferee’s execution of an instrument signifying its such transferee’s agreement to be bound by the terms and conditions of this Agreement, as may be amended to reflect such assignment. Such admission shall be deemed effective immediately prior to the transfer, and, immediately following such admission, the transferor Member shall cease to be a member of the CompanyCompany and shall be released from the obligations and liabilities under this Agreement.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Eola Property Trust)

Assignments. The Member may at any time assign in whole or in part its limited liability company interest in the Companyinterest. If the Member transfers all of its interest in the Company pursuant to this Section 18, the The transferee shall be admitted to the Company as a member upon its execution of an instrument signifying its agreement to be bound by the terms and conditions of this Agreement. Such If the Member transfers all of its interest in the Company pursuant to this Section 9, such admission shall be deemed effective immediately prior to the transfer, and, immediately following such admission, the transferor Member shall cease to be a member of the Company.

Appears in 1 contract

Samples: Limited Liability Company Agreement (CBL/Regency I, LLC)

Assignments. The A Member may at any time assign in whole or in part its limited liability company interest in interests with the Companywritten consent of the other Member(s), if any. If the a Member transfers all of its interest in the Company limited liability company interests pursuant to this Section 18, the transferee shall be admitted to the Company upon its execution of an instrument signifying its agreement to be bound by the terms and conditions of this Agreement. Such admission shall be deemed effective immediately prior to the transfer, and, immediately following such admission, the transferor Member shall cease to be a member of the Company.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Entergy Corp /De/)

Assignments. The Member and other members, if any, may at any time assign in whole or in part its their limited liability company interest in interest, with the Companywritten consent of the Member. If the Member or other member, if any, transfers all of its interest in the Company pursuant to this Section 18Section, the transferee shall be admitted to the Company upon its execution of an instrument signifying its agreement to be bound by the terms and conditions of this Agreement. Such admission shall be deemed effective immediately prior to the transfer, and, immediately following such admission, the transferor Member member shall cease to be a member of the Company.

Appears in 1 contract

Samples: Limited Liability Company Agreement (CBD Media LLC)

Assignments. The Member Members may at any time assign in whole or in part its limited liability company interest in the Company. If the a Member transfers all of its limited liability company interest in the Company pursuant to this Section 18, the transferee shall be admitted to the Company as a member of the Company upon its execution of an instrument signifying its agreement to be bound by the terms and conditions of this Agreement, which instrument may be a counterpart signature page to this Agreement. Such admission shall be deemed effective immediately prior to the transfer, and, immediately following such admission, the transferor Member shall cease to be a member of the Company.

Appears in 1 contract

Samples: Limited Liability Company Agreement (CIT Group/Corporate Aviation, Inc.)

Assignments. The Member may at any time assign assign, in whole or in part part, its limited liability company interest in the CompanyCompany (and related Unit). If the Member transfers all of its interest in the Company pursuant to this Section 1817, the transferee shall be admitted to the Company upon its execution of an instrument signifying its agreement to be bound by the terms and conditions of this Agreement. Such admission shall be deemed effective immediately prior to the transfer, and, immediately following such admission, . the transferor Member shall cease to be a member of the Company.

Appears in 1 contract

Samples: Limited Liability Company Operating Agreement (HII Technical Solutions Corp)

Assignments. The A Member may at any time not assign in whole or in part its limited liability company interest in the CompanyCompany without the written consent of the other Members. If the Member transfers all of its interest in the Company pursuant to this Section 18, the The transferee shall be admitted to the Company upon its execution of an instrument signifying its agreement to be bound by the terms and conditions of this Agreement. Such If a Member transfers all of its interest in the Company pursuant to this Agreement, such admission shall be deemed effective immediately prior to the transfer, and, immediately following such admission, the transferor Member shall cease to be a member of the Company.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Seventy Seven Energy Inc.)

Assignments. The Member may at any time assign in whole or in part its limited liability company interest in the Company. If the Member transfers all of its limited liability company interest in the Company pursuant to this Section 1818 (Assignments), the transferee shall will be admitted to the Company as a Member of the Company upon its execution of an instrument signifying its agreement to be bound by the terms and conditions of this Agreement, which instrument may be a counterpart signature page to this Agreement. Such admission shall will be deemed effective immediately prior to the transfer, and, immediately . Immediately following such admission, the transferor Member shall will cease to be a member Member of the Company.

Appears in 1 contract

Samples: Limited Liability Company Agreement (DTWC Spokane City Center SPE, LLC)

Assignments. The Member may at any time assign in whole or in part its limited liability company interest in the Company. If the Member transfers all of its limited liability company interest in the Company pursuant to this Section 18Section, the transferee shall be admitted to the Company as a member of the Company upon its execution of an instrument signifying its agreement to be bound by the terms and conditions of this Agreement, which instrument may be a counterpart signature page to this Agreement. Such admission shall be deemed effective immediately prior to the transfer, transfer and, immediately following such admission, the transferor Member shall cease to be a member of the Company.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Macquarie Infrastructure CO LLC)

Assignments. The Member may at any time assign in whole or in part its limited liability company interest in the Company. If ; provided, however, that if the Member transfers all of its interest in the Company pursuant to this Section 1815, the transferee shall be admitted to the Company upon its execution of an instrument signifying its agreement to be bound by the terms and conditions of this AgreementAgreement . Such admission shall be deemed effective immediately prior to the transfer, and, immediately following such admission, the transferor Member shall cease to be a member of the Company.

Appears in 1 contract

Samples: Operating Agreement (U.S. Energy Partners LLC)

Assignments. The Member may at any time assign in whole or in part its limited liability company interest LLC Interest in the Company. If the Member transfers all any of its interest in the Company pursuant to this Section 184, the transferee shall be admitted to the Company upon its execution of an instrument signifying its agreement to be bound by the terms and conditions of this Agreement. Such If the Member transfers all of its interest in the Company, such admission shall be deemed effective immediately prior to the transfer, and, immediately following such admission, the transferor Member shall cease to be a member Member of the Company.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Fulcrum Bioenergy Inc)

Assignments. The Member may at any time assign in whole or in part its limited liability company interest in the Company. If the Member transfers all of its interest in the Company pursuant to this Section 18Section, the transferee shall be admitted to the Company upon its execution of an instrument signifying its agreement to be bound by the terms and conditions of this AgreementAgeement. Such admission shall be deemed effective immediately prior to the transfer, and, immediately following such admission, the transferor Member shall cease to be a member of the Company.

Appears in 1 contract

Samples: Limited Liability Company Agreement (QualityTech, LP)

Assignments. The Member may at any time assign in whole or in part its limited liability company interest in the Company. If the Member transfers all of its interest in the Company pursuant to this Section 18Company, the transferee shall be admitted to the Company upon its execution of an instrument signifying its agreement to be bound by the terms and conditions of this Agreement. Such admission shall be deemed effective immediately prior to the transfer, and, immediately following such admission, the transferor Member shall cease to be a member of the Company.

Appears in 1 contract

Samples: Limited Liability Company Agreement (PetroLogistics Finance Corp.)

Assignments. The Member may at any time assign in whole or in part its limited liability company interest in the Company. If the Member transfers all of its interest in the Company pursuant to this Section 18, the transferee shall be admitted to the Company upon its execution of an instrument signifying its agreement to be bound by the terms and conditions of this Agreement. Such admission admission, shall be deemed effective immediately prior to the transfer, and, immediately following such admission, the transferor Member shall cease to be a member of the Company.

Appears in 1 contract

Samples: Limited Liability Company Agreement (2420 Lakemont Avenue MM, LLC)

Assignments. The Member may at any time assign in whole or in part its limited liability company interest in the Company. If the Member transfers all any of its interest in the Company pursuant to this Section 1816, the transferee shall be admitted to the Company upon its execution of an instrument signifying its agreement to be bound by the terms and conditions of this Agreement. Such admission shall be deemed effective immediately prior to the transfer, and, immediately following such admission, the transferor Member shall cease to be a member of the Company.

Appears in 1 contract

Samples: Limited Liability Company Agreement (E Trade Financial Corp)

Assignments. The Member may at any time assign in whole or in part its limited liability company interest in with the written consent of other members of the Company, if any. If the Member transfers all of its interest in the Company pursuant to this Section 1834, the transferee shall be admitted to the Company upon its execution of an instrument signifying its agreement to be bound by the terms and conditions of this Agreement. Such admission shall be deemed effective immediately prior to the transfer, and, immediately following such admission, the transferor Member shall cease to be a member of the Company.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Mariner Energy Inc)

Assignments. The Member may at any time assign in whole or in part its limited liability company interest in the Company. If the Member transfers all of its limited liability company interest in the Company pursuant to this Section 1819, the transferee shall be admitted to the Company as a member of the Company upon its execution of an instrument signifying its agreement to be bound by the terms and conditions of this Agreement, which instrument may be a counterpart signature page to this Agreement. Such admission shall be deemed effective immediately prior to the transfer, and, immediately following such admission, the transferor Member shall cease to be a member of the Company.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Telmark LLC)

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