Common use of Consequences of Transfers Generally Clause in Contracts

Consequences of Transfers Generally. (a) In the event of any Transfer or Transfers permitted under this Article 9, the Transferor and the Interest in the Company that is the subject of such Transfer shall remain subject to this Agreement, and the Transferee shall hold such Interest in the Company subject to all unperformed obligations of the Transferor. Any successor or Transferee hereunder shall be subject to and bound by this Agreement as if originally a party to this Agreement.

Appears in 8 contracts

Samples: Limited Liability Company Operating Agreement (Riviera Resources, Inc.), Limited Liability Company Agreement (Red Rock Resorts, Inc.), Limited Liability Company Agreement (Red Rock Resorts, Inc.)

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Consequences of Transfers Generally. (a) In the event of any Transfer or Transfers permitted under this Article 910, the Transferor and the Interest in the Company that is the subject of such Transfer shall remain subject to this Agreement, and the Transferee shall hold such Interest in the Company subject to all unperformed obligations of the Transferor. Any successor or Transferee hereunder shall be subject to and bound by this Agreement as if originally a party to this Agreement.

Appears in 5 contracts

Samples: Limited Liability Company Agreement (Hamilton Lane INC), Limited Liability Company Agreement (Hamilton Lane INC), Limited Liability Company Agreement (Hamilton Lane INC)

Consequences of Transfers Generally. (a) In the event of any Transfer or Transfers permitted under this Article 9, the Transferor and the Interest in the Company Equity Interests that is are the subject of such Transfer shall remain subject to this Agreement, and the Transferee shall hold such Interest in the Company Equity Interests subject to all unperformed obligations of the Transferor. Any successor or Transferee hereunder shall be subject to and bound by this Agreement as if originally a party to this Agreement.

Appears in 3 contracts

Samples: Limited Liability Company Agreement, Limited Liability Company Agreement (SEACOR Marine Holdings Inc.), Limited Liability Company Agreement (SEACOR Marine Holdings Inc.)

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Consequences of Transfers Generally. (a) In the event of any Transfer or Transfers permitted under this Article 9, the Transferor and the Interest in the Company that is the subject of such Transfer shall remain subject to this Agreement, and the Transferee shall hold such Interest in the Company subject to all unperformed obligations of the Transferor. Any successor or Transferee hereunder shall be subject to and bound by this Agreement as if originally a party to this Agreement.

Appears in 2 contracts

Samples: Limited Liability Company Agreement, Limited Liability Company Agreement (Fulcrum Bioenergy Inc)

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