Assignments and Transfers of Interests. The Member may transfer all or any portion of its interest in the Company to any person at any time.
Assignments and Transfers of Interests. No Lender may assign or sell participation interests in its Commitment or any of its Credit Extensions or any portion thereof to any Persons except in accordance with this Section 11.11.
Assignments and Transfers of Interests. The Member may transfer all or any portion of its limited liability company interest in the LLC and any and all rights and/or obligations associated therewith to any person at any time. The transferee of an interest in the LLC shall be admitted to the LLC as a member of the LLC upon its execution of a counterpart signature page to this Agreement, or some other written instrument reasonably acceptable to the Member in which it agrees to be bound by the terms of this Agreement. If the transferring Member is the sole member and transfers all of its interest in the LLC, such admission shall be deemed effective immediately prior to the transfer and immediately following such admission, the transferor Member shall cease to be a member of the LLC.
Assignments and Transfers of Interests. The Class B Member shall not sell, exchange, assign, gift, dispose of, pledge, hypothecate, encumber, bequeath, devise or otherwise transfer (each, a “Transfer”) all or any portion of its membership interest in the LLC to any person or entity at any time without the prior written consent of the Class A Member. The Class A Member shall not have any restrictions of Transfer with respect to all or any portion of its membership interest in the LLC and shall be permitted to Transfer all or any portion of its membership interest in the LLC without restriction. Any purported Transfer in violation of this Agreement shall be void ab initio.
Assignments and Transfers of Interests. The Member may, without the consent of the Board of Managers, transfer all or any portion of its limited liability company interest in the LLC and any and all rights and/or obligations associated therewith to any person or entity at any time. The transferee of an interest in the LLC shall be admitted to the LLC as a member of the LLC upon its execution of a counterpart signature page to this Agreement, or some other written instrument reasonably acceptable to the Member in which it agrees to be bound by the terms of this Agreement. If the transferring member of the LLC is the sole member of the LLC and transfers all of its interest in the LLC, such admission shall be deemed effective immediately prior to the transfer and immediately following such admission, the transferor Member shall cease to be a member of the LLC. Notwithstanding anything to the contrary herein, following the transfer of the Member’s entire limited liability company interest in the LLC to a single transferee and the admission of such transferee as a member of the Company, the definition “Member” shall be deemed to mean such transferee.
Assignments and Transfers of Interests. The Member may transfer all or any portion of its limited liability company interest in the Company and any and all rights and/or obligations associated therewith to any person at any time with the written consent of the Manager. The transferee of an interest in the Company shall be admitted to the Company as a member of the Company upon its execution of a counterpart signature page to this Agreement, or some other written instrument reasonably acceptable to the Manager in which it agrees to be bound y the terms of this Agreement. If the Transferor member is the sole member and transfers all of its interest in the Company, such admission shall be deemed effective immediately prior to the transfer and immediately following such admission, the transferor member shall cease to be a member of the Company.
Assignments and Transfers of Interests. The Member may transfer all or any portion of its Common Units and any and all rights and/or obligations associated therewith. The transferee of Common Units shall be admitted to the LLC as a member of the LLC upon the effectiveness of such transfer. If the transferring Member is the sole member and transfers all of its Common Units, upon the effectiveness of such transfer, the transferee shall automatically be deemed admitted to the LLC as a substituted member of the LLC, the Member shall simultaneously be deemed to have resigned from the LLC as a member of the LLC, and the LLC shall continue without dissolution (and all applicable references herein to the “Member” shall be read as references to the transferee as the substituted member of the LLC).
Assignments and Transfers of Interests. (a) A Member may not transfer, dispose, withdraw or otherwise pledge any portion of its interest in the LLC to any person at any time without the prior written consent of the Manager, which consent shall not be unreasonably withheld or delayed.
Assignments and Transfers of Interests. (a) The General Partner may transfer all or any portion of its general partner interest in the Partnership and any and all rights and/or obligations associated therewith to any person at any time. The transferee of a general partner interest in the Partnership shall be admitted to the Partnership as a general partner of the Partnership upon its execution of a form of deed of adherence to this Agreement, pursuant to which it agrees to adhere to and be bound by the terms of this Agreement as a general partner of the Partnership and upon the filing of a statement by the General Partner in accordance with the terms of Section 10 of the Act. If the General Partner transfers all of its general partner interest, such admission shall be effective for the purposes of this Agreement immediately prior to such transfer and immediately following such transfer, the transferor general partner shall file a statement in accordance with the terms of Section 10 of the Act whereupon it shall cease to be a general partner of the Partnership.
Assignments and Transfers of Interests. A Member may transfer all or any portion of its interest in the LLC to any person at any time with the consent of the Board of Directors.
