Common use of Conditions Precedent to Transfer Clause in Contracts

Conditions Precedent to Transfer. Any implication in the preceding paragraphs of this Section 11.01 to the contrary notwithstanding, unless waived by the Manager, no Transfer shall be effective unless and until there shall be furnished to the Manager evidence, in form and substance satisfactory to the Manager (which shall, if requested by the Manager, include an opinion of counsel satisfactory to the Manager and obtained at the sole expense of the intended Transferring Member), that

Appears in 7 contracts

Samples: Operating Agreement, Operating Agreement, Operating Agreement

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Conditions Precedent to Transfer. (a) Any implication in the preceding paragraphs of this Section 11.01 ARTICLE VIII to the contrary notwithstanding, unless waived by the Manager, no Transfer shall be effective unless and until there shall be furnished to the Manager evidence, evidence in form and substance reasonably satisfactory to the Manager (which shall, if requested by the Manager, include an opinion of counsel reasonably satisfactory to the Manager and obtained at the sole expense of the intended Transferring Member), transferor) that:

Appears in 4 contracts

Samples: Limited Liability Company Agreement (Caliburn International Corp), Operating Agreement (GreenSky, Inc.), Operating Agreement (GreenSky, Inc.)

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