Common use of Conditions and Limitations Clause in Contracts

Conditions and Limitations. The admission of any Person as a Member shall be conditioned upon such Person’s written acceptance and adoption of all the terms and provisions of this Agreement by execution and delivery of the Adoption Agreement in the form attached hereto as Exhibit C or such other written instrument(s) in form and substance satisfactory to the Managing Member on behalf of the Company.

Appears in 8 contracts

Sources: Limited Liability Company Agreement (Viper Energy, Inc.), Limited Liability Company Agreement (Viper Energy, Inc.), Limited Liability Company Agreement (Viper Energy, Inc.)

Conditions and Limitations. The admission of any Person as a Member shall be conditioned upon such Person’s written acceptance and adoption of all the terms and provisions of this Agreement by execution and delivery of the Adoption Agreement in the form attached hereto as Exhibit C or such other written pursuant to instrument(s) in form and substance satisfactory to the Managing Member on behalf of the CompanyMember.

Appears in 2 contracts

Sources: Operating Agreement (Focus Financial Partners Inc.), Operating Agreement (Focus Financial Partners Inc.)

Conditions and Limitations. The admission of any Person as a Member shall be conditioned upon such Person’s written acceptance and adoption of all the terms and provisions of this Agreement by execution and delivery of the Adoption Agreement in the form attached hereto as Exhibit C or such other written instrument(s) in form and substance satisfactory to the Managing Member on behalf of the Company.

Appears in 1 contract

Sources: Limited Liability Company Agreement (Rattler Midstream Lp)

Conditions and Limitations. The admission of any Person as a Member shall be conditioned upon such Person’s 's written acceptance and adoption of all the terms and provisions of this Agreement by execution and delivery of the Adoption Agreement in the form attached hereto as Exhibit C or such other written instrument(s) in form and substance satisfactory to the Managing Member on behalf of the Company.

Appears in 1 contract

Sources: Recapitalization Agreement (Kimbell Royalty Partners, LP)

Conditions and Limitations. The admission of any Person as a Member shall be conditioned upon such Person’s written acceptance and adoption of all the terms and provisions of this Agreement by execution and delivery of the Adoption Agreement in the form attached hereto as Exhibit C B or such other written instrument(s) in form and substance satisfactory to the Managing Member on behalf of the Company.

Appears in 1 contract

Sources: Limited Liability Company Agreement (Viper Energy, Inc.)

Conditions and Limitations. The admission of any Person as a Member shall be conditioned upon such Person’s written acceptance and adoption of all the terms and provisions of this Agreement by execution and delivery of the Adoption Agreement in the form attached hereto as Exhibit EXHIBIT C or such other written instrument(s) in form and substance satisfactory to the Managing Member on behalf of the Company.

Appears in 1 contract

Sources: Limited Liability Company Agreement (Rattler Midstream Lp)