Common use of Consummation of Transfer Clause in Contracts

Consummation of Transfer. Concurrently with the consummation of the Transfer specified in the Co-Sale Notice, the Selling Members Representative shall remit or cause to be remitted to each Non-Selling Member that portion of the Transfer consideration to which such Non-Selling Member is entitled by reason of his participation in such Transfer.

Appears in 4 contracts

Samples: Limited Liability Company Agreement (Hiland Holdings GP, LP), Limited Liability Company Agreement (Quest Resource Corp), Limited Liability Company Agreement (Hiland Holdings GP, LP)

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Consummation of Transfer. Concurrently with the consummation of the Transfer specified in the Co-Sale Notice, the Selling Class B Members Representative shall remit or cause to be remitted to each Non-Selling Member that portion of the Transfer consideration to which such Non-Selling Member is entitled by reason of his participation in such Transfer.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Hiland Partners, LP), Limited Liability Company Agreement (Hiland Partners, LP)

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