Common use of Definition of Transfer Clause in Contracts

Definition of Transfer. For purposes of section 7704(b) and this section, a transfer of an interest in a partnership means a transfer in any form, includ- ing a redemption by the partnership or the entering into of a financial instru- ment or contract described in para- graph (a)(2)(i)(B) of this section.

Definition of Transfer. For purposes of section 7704(b) and this section, a The transfer of an interest in a partnership means the Partnership shall mean the transfer, alienation, sale, assignment, pledge, or other disposition or encumbrance of all or any part of an existing interest in the Partnership, whether voluntarily or involuntarily, whether for or without consideration, and includes a transfer in any form, includ- ing a redemption by the partnership or the entering into dissolution of a financial instru- ment corporate Partner, by operation of law, by bankruptcy of a Partner, by foreclosure or contract described in para- graph (a)(2)(i)(B) of this sectionjudicial sale or otherwise.