Additional Members. Additional Members may be admitted to the Company as Members of the Company with the written consent of the Member, ratification of 100% of the Board, including the Independent Managers and with prior written notice to each Rating Agency. The rights of any such additional Member shall be specified in an amendment or supplement to this Agreement executed by each current member. No other additional Members shall be admitted to the Company other than in accordance with the express terms of this Agreement.
Appears in 46 contracts
Sources: Limited Liability Company Agreement (Honda Auto Receivables 2013-4 Owner Trust), Limited Liability Company Agreement (Honda Auto Receivables 2014-4 Owner Trust), Limited Liability Company Agreement (Honda Auto Receivables 2013-2 Owner Trust)
Additional Members. Additional Members may be admitted to the Company as Members members of the Company may be added with the written consent of the MemberMember and, if other than any Affiliates of the Members, with notice to the Ratings Agencies, and ratification of 100% of the Board, including all of the Independent Managers and with prior written notice to each Rating AgencyManagers. The rights of any such additional Member member of the Company shall be specified in an amendment or supplement to this Agreement executed by each current member. No other additional Members shall be admitted to the Company other than in accordance with the express terms of this Agreement, in particular Section 6.03.
Appears in 17 contracts
Sources: Limited Liability Company Agreement (Nissan-Infiniti Lt LLC), Limited Liability Company Agreement (Nissan Auto Leasing LLC Ii), Limited Liability Company Agreement (Nissan-Infiniti Lt)