Common use of Rights of Assignees Clause in Contracts

Rights of Assignees. The Assignee of Units has no right to participate in the management of the business and affairs of the Company or to become a Member. The Assignee is only entitled to receive Distributions and return of capital, and to be allocated the Profits and Losses attributable to the Units.

Rights of Assignees. The Subject to Section 8.5, an Assignee of Units a Unit has no right to participate in the management of the business and affairs of the Company or to become a Member. The Assignee is only entitled to receive Distributions allocations of Net Profits and return of capitalNet Losses, and to be allocated the Profits distributions of Distributable Cash and Losses capital attributable to the UnitsUnit.

Rights of Assignees. The Assignee of Units has no right to vote or to participate in the management of the business and affairs of the Company LLC or to become a Member. The Assignee is only entitled to receive Distributions and return of capital, distributions and to be allocated the Profits Net Income and Losses Net Loss (and items thereof) attributable to the UnitsUnits transferred to the Assignee.

Rights of Assignees. The Assignee of any Units has shall have no right to vote on, consent to, approve, or participate in the determination of any matter, or to otherwise participate in the management of the business and affairs of the Company LLC or to become a Member. The Assignee is only entitled to receive Distributions and return of capital, distributions pursuant to Article 8 and to be allocated the Profits Net Income and Net Losses attributable to the UnitsUnits transferred to the Assignee.