Common use of Rights of Assignee Clause in Contracts

Rights of Assignee. The Assignee of a Membership Interest shall be entitled to receive distributions and profits and losses attributable to the Membership Interest in the Company, but in no event shall the Assignee have the right to participate in, or interfere with, the management or administration of the Company’s business or affairs or become a substitute Member unless permitted to do so by a unanimous vote of the other Members.

Rights of Assignee. The Assignee of a Membership Interest shall be entitled to receive distributions and profits and losses attributable to the Membership Interest in the Company, but in no event shall Company and the Assignee have the right to participate in, or interfere with, the management or administration of the Company’s business or affairs or shall become a substitute Member unless permitted to do so by a unanimous vote of the other MembersManaging Member.

Rights of Assignee. The Unless admitted to the Company as a Member in accordance with Sections 6.00 and 6.02, the Assignee of a Membership Interest shall be entitled to receive distributions and profits and losses attributable to the Membership Interest in the Company, but in no event by assignment, operation of law or otherwise, shall not be entitled to any of the Assignee have the right to participate inrights, powers, or interfere withprivileges of his or its predecessor in interest, the management except that he or administration she shall be entitled to receive and have allocated his or her share of the Company’s business distributions and of income or affairs or become a substitute Member unless permitted to do so by a unanimous vote of the other Membersloss.