Common use of Consent of Manager Clause in Contracts

Consent of Manager. The Manager hereby consents to the assignment of the Membership Interests by Assignor to Assignee as provided here. The Manager further consents to the admission of Assignee as a substituted member of the Company as provided herein, and acknowledges and agrees that, at the Closing, Assignor shall cease (i) to be a member of the Company and (ii) to have the power to exercise any right, power or remedy as a member of the Company.

Appears in 1 contract

Sources: Assignment of Membership Interests (Eastside Distilling, Inc.)

Consent of Manager. The Manager hereby consents to the assignment of the Membership Interests by Assignor the Assignors to the Assignee as provided here. The Manager further consents to the admission of the Assignee as a substituted member of the Company as provided herein, and acknowledges and agrees that, at the Closing, Assignor shall cease (i) to be a member of the Company and (ii) to have the power to exercise any right, power or remedy as a member of the Company.

Appears in 1 contract

Sources: Purchase and Assignment of Membership Interests (S&W Seed Co)