Common use of Consent of Members Clause in Contracts

Consent of Members. The Manager may not Transfer any of its Units without the consent of a Majority-in-Interest of the Members, except in connection with an Applicable Sale or Termination Transaction or to a wholly owned subsidiary in accordance with ‎Section 7.2(b)(ii).

Appears in 4 contracts

Samples: Limited Liability Company Agreement (Verde Clean Fuels, Inc.), Business Combination Agreement (CENAQ Energy Corp.), Limited Liability Company Agreement (NUSCALE POWER Corp)

AutoNDA by SimpleDocs

Consent of Members. The Manager Managing Member may not Transfer any of its Units without the consent of a Majority-in-Interest of the Members, except in connection with an Applicable Sale or Termination Transaction or to a wholly owned subsidiary in accordance with ‎Section 7.2(b)(ii)approved by the Board of Directors.

Appears in 4 contracts

Samples: Limited Liability Company Agreement (Zevia PBC), Limited Liability Company Agreement (Zevia PBC), Limited Liability Company Agreement (Viant Technology Inc.)

Consent of Members. The Manager may not Transfer any of its Units without the consent of a Majority-in-Interest of the Members, except in connection with an Applicable Sale or Termination Transaction or to a wholly owned subsidiary in accordance with ‎Section Section 7.2(b)(ii).

Appears in 3 contracts

Samples: Limited Liability Company Agreement (AleAnna, Inc.), Agreement and Plan of Merger (Swiftmerge Acquisition Corp.), Limited Liability Company Agreement (Swiftmerge Acquisition Corp.)

Consent of Members. The Manager Managing Member may not Transfer any of its Units without the consent of a Majority-in-Interest of the Members, except in connection with an Applicable Sale or Termination Transaction or to a wholly owned subsidiary in accordance with ‎Section 7.2(b)(ii).

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Rubicon Technologies, Inc.), Agreement and Plan of Merger (Founder SPAC)

AutoNDA by SimpleDocs

Consent of Members. The Manager may not Transfer any of its Units without the consent of a Majority-in-Interest of the Members, except in connection with an Applicable Sale or a Termination Transaction or to a wholly owned subsidiary in accordance with ‎Section 7.2(b)(ii).

Appears in 2 contracts

Samples: Limited Liability Company Agreement (HNR Acquisition Corp.), Limited Liability Company Agreement (HNR Acquisition Corp.)

Consent of Members. The Manager Managing Member may not Transfer any of its Units without the consent of a Majority-in-Interest of the Members, except in connection with an Applicable Sale or Termination Transaction approved by the Board of Directors or to a wholly wholly-owned subsidiary in accordance with ‎Section 7.2(b)(iiSection 8.2(b)(ii).

Appears in 1 contract

Samples: Limited Liability Company Agreement (GEN Restaurant Group, Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!