Assignment of Limited Liability Company Interests Sample Clauses

Assignment of Limited Liability Company Interests. Interests in the Company may be assignable and transferable. Any transferee shall not be admitted as a member unless and until the transferee has executed a counterpart of this Agreement and members then admitted consent unanimously to the admission of the transferee.
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Assignment of Limited Liability Company Interests. An Assignment of Limited Liability Company Interests executed by Seller, in a form to be approved by the parties hereto, assigning and transferring Seller’s 20.01% interest in Horizon Energy Partners, LLC, a Delaware limited liability company.
Sample 1
Assignment of Limited Liability Company Interests. This Assignment of Limited Liability Company Interests, dated as of January 1, 2002 (the "ASSIGNMENT"), is entered into by and between JABO LLC, a Delaware limited liability company (the "ASSIGNOR"), and Boykin Hotel Properties, L.P., an Ohio limited partnership, as assignxx (xxe "ASSIGNEE").
Sample 1
Assignment of Limited Liability Company Interests dated as of March 31, 2010, by and between Lea Refining Company and HEP Refining, L.L.C. 34 FIRST AMENDMENT TO PIPELINE SYSTEMS OPERATING AGREEMENT, dated as of March 31, 2010, by and between Navajo Refining Company, L.L.C., Lea Refining Company, Woods Cross Refining Company, L.L.C., Holly Refining & Marketing—Tulsa LLC, and Holly Energy Partners Operating, L.P., as operator.
Sample 1
Assignment of Limited Liability Company Interests. For good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, Joslyn Holding Company (the "Assignor") hereby assigns, sets over and transfers to Joslyn Nova Scotia Unlimited Liability Company (the "Assignee"), effective as of January 3, 2007, all of its rights, title and interest to all of the outstanding membership interests (the "Membership Interests") of Dxxxxxx Motion LLC, a Delaware limited liability company (the "Limited Liability Company"), divesting the Assignor of all of its rights, title and interest in the Membership Interests. The Assignor further agrees to execute any amendments to the Certificate of Formation of the Limited Liability Company (the "Certificate"), the Operating Agreement (the "Operating Agreement") or any other document, instrument, or certificate necessary to effectuate this assignment of the Membership Interests. The Assignee accepts the assignment of the Membership Interests and agrees to be bound by the terms and conditions of the Certificate and the Operating Agreement, as amended, of the Limited Liability Company. Dated this 3rd day of January, 2007. ASSIGNOR: JOSLYN HOLDING COMPANY By: /s/ Jxxxx X. Xxxxxxx Jxxxx X. Xxxxxxx, Vice President ASSIGNEE: JOSLYN NOVA SCOTIA UNLIMITED LIABILITY COMPANY By: /s/ Jxxxx X. Xxxxxxx Jxxxx X. Xxxxxxx, President The undersigned hereby consents to the assignment of the Membership Interests and consents to the admission of the Assignee to the Limited Liability Company. The undersigned further confirms that there are no other consents or approvals necessary to effect this assignment and that the execution, delivery and performance of this assignment and all other agreements and instruments contemplated herein and the consummation of the transaction contemplated hereby will not conflict with or result in a breach or violation of the Certificate, the Operating Agreement, any resolution or any material contract of the Limite. Liability Company. DXXXXXX MOTION LLC By: /s/ Jxxxx X. Xxxxxxx Jxxxx X. Xxxxxxx, Vice President
Sample 1
Assignment of Limited Liability Company Interests. The Member may assign its limited liability company interest in the Company in whole or in part. As long as the Company has a single member, any assignment of a limited liability company interest in the Company shall entitle the assignee to become a member of the Company unless the terms and conditions of such assignment provide otherwise.
Sample 1
Assignment of Limited Liability Company Interests. NYBE agrees to sell, transfer, convey, assign and deliver to ATOM, and ATOM agrees to purchase and accept from NYBE, (i) forty (40) limited liability company units of AB of Wichita-I, L.L.C., an Oklahoma limited liability company, and (ii) thirty-eight (38) limited liability company units of AB of Tulsa-I, L.L.C., and Oklahoma limited liability company (collectively, the "Interest"), pursuant to the terms of Assignment Separate From Interest Certificate copies of which are marked Exhibit E and Exhibit F, respectively, and attached hereto, on September 30, 1999 in consideration of ATOM paying and performing as set forth below, One Hundred Seventy-Five Thousand Dollars ($175,000) for the purchase of Interests. ATOM shall have until October 10, 1999 to complete its financing of the purchase price as set forth hereinabove with the bank of first choice of ATOM. In the event the bank of the first choice of ATOM shall not complete said financing for ATOM, then ATOM shall have an additional thirty (30) days to complete said financing with another lender. In the event ATOM is unable to secure financing within said time period, then NYBE shall have the option of terminating the assignments provided herein, or may choose to allow ATOM additional time to pursue such financing. In the event ATOM successfully completes such financing. ATOM agrees to pay to NYBE, in addition to the purchase price set forth herein, interest at the rate of eight percent (8%) per annum on the purchase price from November 10, 1999 until closing.
Sample 1
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Related to Assignment of Limited Liability Company Interests

  • Limited Liability Company Interests Interests in the Company shall be represented by Units, or such other Equity Securities in the Company, or such other Company securities, in each case as the Managing Member may establish in its sole discretion in accordance with the terms hereof. As of the date hereof, the Units are comprised of one Class: “Class A Units”.

  • Formation of Limited Liability Company The Company was formed on January 13, 2017, pursuant to the Delaware Limited Liability Company Act, 6 Del. C. § 18-101, et seq., as amended from time to time (the “Delaware Act”), by the filing of a Certificate of Formation of the Company with the office of the Secretary of the State of Delaware. The rights and obligations of the Member and the administration of the Company shall be governed by this Agreement and the Delaware Act. To the extent this Agreement is inconsistent in any respect with the Delaware Act, this Agreement shall control.

  • Partnership and Limited Liability Company Interests Except as previously disclosed to the Administrative Agent, none of the Collateral consisting of an interest in a partnership or a limited liability company (i) is dealt in or traded on a securities exchange or in a securities market, (ii) by its terms expressly provides that it is a Security governed by Article 8 of the UCC, (iii) is an Investment Company Security, (iv) is held in a Securities Account or (v) constitutes a Security or a Financial Asset.

  • Certification of Limited Liability Company and Limited Partnership Interests Each interest in any limited liability company or limited partnership controlled by any Grantor and pledged hereunder shall be represented by a certificate, shall be a “security” within the meaning of Article 8 of the New York UCC and shall be governed by Article 8 of the New York UCC.

  • Amendment of Limited Liability Company Agreement (a) Except as otherwise provided in this Section 8.1, this Agreement may be amended, in whole or in part, with: (i) the approval of the Board (including the vote of a majority of the Independent Directors, if required by the 0000 Xxx) without the Members approval; and (ii) if required by the 1940 Act, the approval of the Members by such vote as is required by the 0000 Xxx.

  • Limited Liability of Limited Partners (1) Each Unit of Limited Partnership Interest, when purchased by a Limited Partner, subject to the qualifications set forth below, shall be fully paid and non-assessable.

  • The Limited Liability Company The Members have created a limited liability company: [NAME OF THE LLC] ("Company") and formed on the date of [FORMATION DATE] in the State of Washington D.C. (“Governing Law”). The operations of the Company shall be governed by the laws located in the State of Governing Law and in accordance with this Agreement as follows:

  • Limited Liability Company Agreement The Member hereby states that except as otherwise provided by the Act or the Certificate of Formation, the Company shall be operated subject to the terms and conditions of this Agreement.

  • Limited Liability Company Existence (a) During the term of this Agreement, the Depositor will keep in full force and effect its existence, rights and franchises as a limited liability company under the laws of the jurisdiction of its formation and will obtain and preserve its qualification to do business in each jurisdiction in which such qualification is or shall be necessary to protect the validity and enforceability of this Agreement, the Basic Documents and each other instrument or agreement necessary or appropriate to the proper administration of this Agreement and the transactions contemplated hereby. In addition, all transactions and dealings between the Depositor and its Affiliates will be conducted on an arm’s-length basis.

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